Hindustan Zinc has signed a Memorandum of Understanding (MoU) with Tripura Group to operationalize a manufacturing unit within the company's flagship Zinc Park at Khankhala, Bhilwara district of Rajasthan. The agreement marks an important milestone in Hindustan Zinc's plan to build 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, supported by a committed long-term offtake arrangement. 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.
Commenting on the announcement, Arun Misra, Chief Executive Officer, Hindustan Zinc, 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.”