Hindustan Zinc Limited has signed a Memorandum of Understanding with Sulfozyme Agro India Pvt. Ltd. under its Zinc Industrial Park initiative at Khankhala in the Bhilwara district of Rajasthan. The partnership targets sustainable metal recovery through processing of zinc-based materials into value-added industrial and downstream products under a long-term collaboration framework.
Sulfozyme Agro will establish operations at the Zinc Industrial Park for processing zinc-based materials. Hindustan Zinc will provide assured raw material linkage and long-term ecosystem support for efficient operations and integrated supply chains within the park's industrial network.
The Zinc Park proposal was announced at the Rising Rajasthan Global Investment Summit in December 2024. It is being developed in collaboration with RIICO as a dedicated downstream manufacturing hub integrating raw material availability with value-added zinc production. The park offers ready-to-use infrastructure and proximity to raw material supply for zinc customers, processors, MSMEs, and downstream manufacturers seeking scalable manufacturing opportunities around zinc and allied products.
Hindustan Zinc is positioning the initiative to strengthen the MSME ecosystem by creating opportunities for downstream industries and local entrepreneurship in Rajasthan. The park is based on circular economy principles and renewable energy adoption to support regional economic development while strengthening India's critical minerals and metals value chain.
The partnership with Sulfozyme Agro supports Hindustan Zinc's downstream industrial expansion and focus on responsible manufacturing. Hindustan Zinc is the world's largest integrated zinc producer with supplies to more than 40 countries and about 74 percent market share of the primary zinc market in India. Hindustan Zinc is also among the top ten global silver producers.
The Zinc Industrial Park is designed as a collaborative platform where businesses can leverage Hindustan Zinc's supply chain and manufacturing strengths. The initiative aims to generate specialized employment opportunities and promote entrepreneurship in Rajasthan's downstream zinc sector.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.