- Vedanta Chairman Anil Agarwal Announces World’s First Zinc Park at Rising Rajasthan 2024
- A Key Initiative Under Vedanta’s Rs. 1 Lakh Crore Investment in Rajasthan
- Zinc Park to Position Rajasthan as a Global Leader in Metals and Manufacturing
Jaipur, December 9, 2024: At the Rising Rajasthan Global Investment Summit 2024, Vedanta’s Hindustan Zinc, the world’s second-largest integrated zinc producer, announced plans to establish the world’s first industrial Zinc Park in Rajasthan. The momentous occasion was attended by Hon’ble Prime Minister Shri Narendra Modi, Rajasthan Chief Minister Shri Bhajan Lal Sharma, and Vedanta Group Chairman Shri Anil Agarwal. This transformative initiative marks a significant milestone in Rajasthan’s industrial growth.
Strategic Investment and Vision
The Zinc Park is part of Vedanta’s ₹1 lakh crore investment in Rajasthan across zinc, oil and gas, and renewable energy sectors. Developed on a not-for-profit model, the park aims to create a dynamic industrial ecosystem, enabling upstream and downstream industries in metals and manufacturing. The park will generate thousands of jobs and attract businesses ranging from MSMEs to large enterprises, with investments starting as low as ₹5 crore.
World-Class Infrastructure and Sustainability
Strategically located near Hindustan Zinc’s premier facilities at Chanderiya, Dariba, and Debari, the Zinc Park will offer state-of-the-art infrastructure, reliable utilities, steady raw material supply, and cost efficiency. Operating entirely on renewable energy, the park aligns with Hindustan Zinc’s commitment to sustainability and will reduce the carbon footprint of industries within its ecosystem.
Additionally, Hindustan Zinc will dedicate a portion of its production exclusively to the park, ensuring supply chain reliability and just-in-time delivery for enterprises. The park will also host R&D facilities and Hindustan Zinc’s Centre of Excellence, fostering innovation in product development and customized alloys.
Empowering Rajasthan’s Industrial Future
Shri Bhajan Lal Sharma, Chief Minister of Rajasthan, stated:
“We welcome Vedanta’s establishment of the Zinc Park in Rajasthan. With robust policies, incentives, and state support, this initiative aligns with our vision of driving growth and creating opportunities for entrepreneurs.”
Shri Anil Agarwal, Chairman of Vedanta Group, emphasized:
“The Zinc Park will empower MSMEs, create massive employment, and reinforce Rajasthan’s position in critical minerals. Vedanta remains committed to investing ₹2.5 lakh crores in the state to catalyze exponential growth and job creation.”
Catalyzing Economic Growth
Vedanta’s investments will double Hindustan Zinc’s production capacity, boost silver output, and introduce India’s first fertilizer plant. Cairn Oil & Gas will scale up oil production, and Serentica Renewables will develop 10,000 MW of renewable energy capacity. The Zinc Park, coupled with these developments, is expected to support 500+ downstream industries and create over 2 lakh jobs, positioning Rajasthan as a global industrial hub.
A Global Leader in Sustainable Mining
Recognized as the world’s most sustainable company in metals and mining by S&P Global (2023), Hindustan Zinc remains committed to driving innovation and supporting the global transition to clean energy.
The establishment of the Zinc Park reinforces Rajasthan’s growing leadership in industrial and renewable sectors, setting a strong foundation for sustainable economic growth and global competitiveness.
Submitted by PR Agency
