Hindustan Zinc Inks MoU with Tripura Group for Zinc Park Unit

, a Vedanta Group company commanding 77% of India's primary zinc market, signed a Memorandum of Understanding (MoU) with Tripura Group on February 23, 2026, to establish a manufacturing unit at its Zinc Park in Khankhala, Bhilwara district, Rajasthan . This park, India's first integrated downstream hub for zinc value chains, was announced at the Rising Rajasthan Global Investment Summit in December 2024 and is being developed with the Rajasthan State Industrial Development and Investment Corporation (RIICO) near the company's Chanderiya, Dariba, and Debari operations. Under the agreement, Hindustan Zinc will supply assured raw materials to Tripura Group's unit, backed by a long-term offtake deal, performance incentives, and renewable energy commitments to enhance efficiency and attract investment . CEO Arun Misra highlighted the partnership's role in bolstering the Make-in-India initiative, fostering MSME growth, job creation, and tech advancements in the zinc ecosystem. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.