(representative image)
| Photo Credit:
Reuters
Hindustan Zinc Ltd, an integrated zinc producer, has signed a memorandum of understanding (MoU) with Tripura Group to operationalise a manufacturing unit within the company’s Zinc Park at Khankhala in Bhilwara district of Rajasthan.
Under the agreement, Hindustan Zinc will provide assured raw material linkage to Tripura Group’s proposed unit at the Zinc Industrial Park, supported by a committed long-term off take arrangement. A media statement said the partnership reflects a shared commitment to building a robust downstream zinc ecosystem, with investment and production plans aligned to drive scale, efficiency, and sustainable industrial growth in the region.
The Zinc Park proposal, first announced by the Rajasthan Chief Minister, Bhajan Lal Sharma, alongside Vedanta Group Chairman, Anil Agarwal, at the Rising Rajasthan Global Investment Summit in December 2024, is planned near Hindustan Zinc’s mining and smelting operations at Chanderiya, Dariba, and Debari in Rajasthan.
Strategic initiative
This initiative by Hindustan Zinc, in collaboration with the Rajasthan State Industrial Development and Investment Corporation, is poised to become India’s first integrated hub dedicated to downstream zinc-based industries, it said.
Quoting Arun Misra, Chief Executive Officer, Hindustan Zinc, the statement said: “Zinc Park is a strategic initiative that translates our long-term vision for a resilient and competitive metal value chain into concrete action. Our partnership with Tripura Group demonstrates how targeted collaboration can unlock downstream value and accelerate Make-in-India manufacturing. The assured supply arrangements, coupled with performance-linked incentives and renewable energy commitments, will provide investors with the confidence to scale. We are determined to build an ecosystem that supports MSME growth, creates local jobs, and drives technological improvements across the zinc value chain.”
Published on February 23, 2026
