Udaipur, March 12, 2026 (Daily Kiran): Hindustan Zinc Limited, the world’s largest integrated zinc producer and among the top five silver producers globally, has signed a Memorandum of Understanding (MoU) with CMR Green Technologies Limited to manufacture zinc alloys at the upcoming Zinc Park in Rajasthan.
CMR Green Technologies Limited is India’s largest non-ferrous metal recycling company and one of the largest globally. This marks the second major partnership for the Zinc Park in Rajasthan. Earlier, Hindustan Zinc had signed an MoU with the Tripura Group, further strengthening the park’s position as India’s first integrated ecosystem for zinc-based industrial applications.
Under the MoU, CMR Green Technologies will set up a manufacturing facility at Zinc Park to produce high-quality, low-emission zinc alloys. These alloys are essential for industries such as automotive, infrastructure, die-casting, and consumer goods. The project will enable downstream value addition of zinc while promoting sustainable metal processing and supporting India’s self-reliance in industrial materials.
The Zinc Park was first announced by Rajasthan Chief Minister Bhajan Lal Sharma during the Rising Rajasthan Global Investment Summit 2024, where Vedanta Group Chairman Anil Agarwal described it as a transformative initiative for India’s downstream metals ecosystem. The park is being jointly developed by Hindustan Zinc and RIICO with the aim of creating a fully integrated, renewable energy-powered hub for zinc manufacturing. Its proximity to Hindustan Zinc’s Chanderiya, Dariba, and Debari operations ensures strong logistics support and reliable raw material supply.
The development of Zinc Park reflects the state’s continued commitment to industrial growth and innovation. The park plans to host MSMEs and large enterprises involved in galvanizing, die-casting, zinc oxide production, and related sectors. With assured raw material linkages, long-term supply agreements, commercial incentives, and a structured performance framework, the park is expected to act as a catalyst for value creation, employment generation, and advanced manufacturing in the state. The initiative also aligns with India’s vision of becoming a global hub for metal-based innovation and sustainability.
Zinc alloys are increasingly used due to their strength, corrosion resistance, and recyclability. They are widely used in die-casting components for automobiles, electronics, consumer appliances, hardware, and infrastructure applications, making them essential materials in modern industrial supply chains. The facility at Zinc Park will support growing domestic and international demand while promoting circular economy principles through metal recovery and reuse.
Speaking on the development, Hindustan Zinc CEO Arun Misra said, “Zinc Park represents a strategic vision to drive industrial growth, local manufacturing, and sustainability through zinc-based applications. We are pleased to welcome CMR Green Technologies as a partner in this journey. Their leadership in non-ferrous metal recycling and strong capabilities in alloy production will play a key role in building a future-ready, innovation-driven zinc ecosystem.”
CMR Green Technologies has long-standing partnerships with major automotive companies and key industrial players. Its operations are driven by advanced technology and a strong sustainability approach, where recycled metal production results in up to 95 percent lower emissions compared to primary metal production. The company has deep expertise in circular metal processing and alloy manufacturing, particularly for the automotive sector, which is among the largest consumers of non-ferrous alloys globally.
Through this partnership, Hindustan Zinc is accelerating the development of India’s first downstream zinc industrial cluster, promoting innovation, sustainability, and long-term economic value. The initiative further strengthens the role of Zinc Park in enhancing domestic value addition, encouraging circular economy practices, and contributing significantly to Rajasthan’s industrial growth while supporting India’s vision of becoming a global centre for sustainable metals and advanced manufacturing.
My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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