Hindustan Zinc Limited has signed a memorandum of understanding (MoU) with Tripura Group to operationalise a manufacturing unit at its proposed Zinc Park in Khankhala, Bhilwara district of Rajasthan. The agreement, announced on 23 February 2026, is part of the company’s plan to develop an integrated downstream industrial hub focused on zinc-based value chains.
According to a press release issued by the company, 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 is structured to align investment and production plans to support the development of a downstream zinc ecosystem in the region.
The Zinc Park proposal was announced in December 2024 at the Rising Rajasthan Global Investment Summit. The park is planned near Hindustan Zinc’s mining and smelting operations at Chanderiya, Dariba and Debari in Rajasthan. The project is being developed in collaboration with the Rajasthan State Industrial Development and Investment Corporation (RIICO). A stakeholder consultation for the Zinc Industrial Park was conducted in late 2024 to invite expressions of interest and align industrial capabilities with ecosystem requirements.
“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,” said Arun Misra, Chief Executive Officer, Hindustan Zinc.
Tripura Group operates in beneficiation inputs and process optimisation for metal processing. The company’s technical capabilities and operational track record are expected to support downstream processors by improving beneficiation efficiency and enhancing the quality and reliability of inputs available to the industry.
Hindustan Zinc Limited, a Vedanta Group company, is an integrated zinc producer and among the top five silver producers globally. The company supplies to more than 40 countries and holds about 77 percent share of India’s primary zinc market.
