Hindustan Zinc Limited has announced a strategic partnership with Tripura Group to accelerate the development of a zinc park in Rajasthan, positioning the project as India's first complete downstream zinc industry hub. This collaboration represents a significant step forward in establishing a comprehensive zinc processing ecosystem in the country.

Strategic Partnership Details

The agreement between Hindustan Zinc Limited and Tripura Group encompasses multiple aspects of the zinc park development project. The partnership is designed to leverage the strengths of both organizations to create a robust industrial infrastructure in Rajasthan.

Industrial Hub Development

The proposed zinc park aims to establish a complete downstream zinc industry ecosystem, which would mark a first for India in terms of comprehensive zinc processing capabilities. The development is expected to create an integrated industrial hub that encompasses various stages of zinc processing and manufacturing.

Supply Chain Integration

A key feature of the partnership agreement is the inclusion of guaranteed raw material supply provisions. This arrangement ensures supply chain security for the zinc park operations. Additionally, the agreement incorporates a long-term purchase agreement, providing commercial stability and operational certainty for the industrial hub.

The strategic location in Rajasthan positions the zinc park to serve as a significant industrial center, potentially contributing to the state's industrial development and the broader zinc processing sector in India.