Hindustan Zinc signs Eleven MoUs for proposed Zinc Industrial Park in Rajasthan

industry news update

Hindustan Zinc Ltd has signed 11 MoUs with key industry players to set up its proposed Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan.

The MoUs were signed during ZnAL Confluence 2026 in Jaipur to set up a downstream manufacturing cluster for zinc with various manufacturing and engineering companies as well as infrastructure and related players.

The MoUs are being signed with Gainwell Commosales, Epiroc Mining India, Sai Deepa Rock Drills, Shree Nakoda Infrasteel, Suryakiran Earthmovers, J.G. Chemicals, EPCM Service & Supply, Jasta Alloys, Jammu Pigments and Ampex Energies.

The MoUs will allow the companies to set up manufacturing, engineering and services units in the proposed park. Hindustan Zinc will support the cluster.

Downstream manufacturing cluster:

This follows several earlier MoUs with Tripura Group, CMR Green Technologies, Group Nirmal & Sulfozyme Agro India. It shows the increasing interest of manufacturing, services and technology players in setting up a downstream zinc cluster.

“Zinc Park is a strategic initiative that reflects our long-term vision of building a globally competitive downstream ecosystem for zinc-based industries in India. The growing confidence of industry partners, across manufacturing, engineering and services, shows the strength of the proposition. Through assured ecosystem support, renewable energy integration and strong collaborations, we aim to enable MSME growth, create local employment and strengthen domestic manufacturing,” said Amarendu Prakash, CEO and Whole-time Director, Hindustan Zinc.

Investment boost to industrial growth:

The Zinc Park was announced by the company in December 2024 during Rising Rajasthan Global Investment Summit. The initiative was unveiled by Rajasthan Chief Minister Bhajan Lal Sharma and Vedanta Group Chairman Anil Agarwal.

It is being developed in association with Rajasthan State Industrial Development and Investment Corporation (RIICO). The project will bring raw material availability as well as value added zinc manufacturing in one place.

The Park will have developed industrial land backed by RIICO, guaranteed supply of a proportion of Hindustan Zinc metal production, Centre of Excellence and R&D facilities to help develop products and new alloys. The initiative is aimed at MSMEs and entrepreneurs looking to invest in the park with minimum investment of Rs 5 crore.

The Park, which will be located close to the company’s existing operations at Chanderiya, Dariba and Debari will look to attract investments in galvanising, die-casting, zinc alloys, zinc oxide, wire and advanced zinc applications. It is also expected to generate new jobs and boost the economy and industrial growth of Rajasthan. The company is continuing to talk to potential investors.

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