New Delhi, Feb. 23 -- Hindustan Zinc signed a strategic Memorandum of Understanding (MoU) with Tripura Group to fast-track the development of a Zinc Park in Rajasthan.

According to a exchange filing by Hindustan Zinc , the agreement facilitates the operationalisation of a manufacturing unit within the company's Zinc Park located at Khankhala in the Bhilwara district of Rajasthan. The partnership marks a step in establishing India's first integrated downstream industrial hub dedicated to zinc-based value chains.

Under the terms of the agreement, Hindustan Zinc provided an assured raw material linkage to the proposed unit of the Tripura Group. The support includes a committed long-term offtake arrangement to ensure stability for the new f...