Hindustan Zinc Limited (BSE: 500188, NSE: HINDZINC) has signed a Memorandum of Understanding (MoU) with Sulfozyme Agro India Pvt. Ltd. under its flagship Zinc Industrial Park initiative located at Khankhala, Bhilwara district in Rajasthan.
The partnership involves Sulfozyme Agro establishing operations at the Zinc Industrial Park focused on processing zinc-based materials into value-added products for industrial and downstream applications. Hindustan Zinc will provide assured raw material linkage and long-term ecosystem support to enable efficient operations, integrated supply chains, and scalable manufacturing within the park's industrial network.
The Zinc Industrial Park is a dedicated downstream manufacturing hub developed in collaboration with RIICO (Rajasthan State Industrial Development and Investment Corporation). It offers ready-to-use infrastructure, proximity to raw material supply, and an industry-focused operating environment designed to attract zinc customers, processors, MSMEs, and downstream manufacturers.
The initiative was first announced by Rajasthan Chief Minister Bhajan Lal Sharma alongside Vedanta Group Chairman Anil Agarwal at the Rising Rajasthan Global Investment Summit in December 2024. The park aims to position Rajasthan as a leading manufacturing hub for zinc-based industries and value-added products.
According to CEO Arun Misra, the partnership reflects Hindustan Zinc's commitment to strengthening the circular economy while enabling downstream value creation. The Zinc Industrial Park is envisioned as a collaborative platform where businesses can leverage Hindustan Zinc's metal expertise, reliable supply chain, and manufacturing strengths.
The initiative is anchored on sustainability, circular economy principles, and renewable energy adoption, designed to support long-term regional economic development while strengthening India's critical minerals and metals value chain.
The disclosure is made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.