India’s leading zinc producer, Hindustan Zinc Limited (HZL), has signed a Memorandum of Understanding (MoU) with Tripura Group to operationalise a manufacturing unit at its flagship Zinc Park in Khankhala, located in Rajasthan’s Bhilwara district. The development marks a significant milestone in the company’s ambition to establish India’s first integrated downstream industrial hub dedicated to zinc-based value chains.
Under the agreement, Hindustan Zinc will provide assured raw material linkage to Tripura Group’s proposed unit at the Zinc Industrial Park. The arrangement will be supported by a long-term offtake commitment, ensuring supply stability and operational continuity. The partnership reflects a shared commitment to building a robust downstream zinc ecosystem, with investment and production strategies aligned to drive scale, efficiency, and sustainable industrial growth.
The Zinc Park proposal was first announced during the Rising Rajasthan Global Investment Summit in December 2024. The announcement was made by Rajasthan Chief Minister Bhajan Lal Sharma alongside Anil Agarwal, Chairman of Vedanta Group. The project is strategically planned near Hindustan Zinc’s large-scale mining and smelting operations at Chanderiya, Dariba, and Debari in Rajasthan, offering logistical advantages and integrated supply chain efficiencies.
Developed in collaboration with the Rajasthan State Industrial Development and Investment Corporation (RIICO), the Zinc Industrial Park is poised to become a dedicated hub for downstream zinc-based industries. The initiative is expected to attract fresh investments, generate employment opportunities, and strengthen local manufacturing capabilities, contributing significantly to Rajasthan’s industrial expansion.
A major stakeholder consultation was conducted in late 2024 to invite expressions of interest and align industrial capabilities with ecosystem requirements. The strong response highlights industry confidence in the project’s potential to transform India’s downstream zinc manufacturing landscape.