Udaipur, March 11, 2026 (Udaipur Kiran): Hindustan Zinc Limited, one of the world’s largest integrated zinc producers 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 among the leading firms globally in the sector. This collaboration marks the second major partnership for the Zinc Park project. 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 agreement, CMR Green Technologies will set up a manufacturing facility within the Zinc Park focused on producing high-quality, low-emission zinc alloys. These alloys are widely used in industries such as automotive, infrastructure, die-casting, and consumer goods. The project will enable downstream value addition in zinc, promote sustainable metal processing, and support 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. Vedanta Group Chairman Anil Agarwal had described the initiative as a transformative step for India’s downstream metals ecosystem. The park is being developed jointly by Hindustan Zinc and RIICO with the objective of creating a fully integrated, renewable-energy-powered hub for zinc manufacturing.
The proximity of the park to Hindustan Zinc’s operations at Chanderiya, Dariba, and Debari will ensure 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 attract MSMEs and large enterprises engaged in galvanising, 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 Rajasthan.
Zinc alloys are gaining popularity due to their strength, corrosion resistance, and recyclability. They are extensively used in die-casting components for automobiles, electronics, consumer appliances, hardware, and infrastructure applications, making them essential materials in modern industrial supply chains.
Commenting on the development, Hindustan Zinc CEO Arun Misra said, “Zinc Park represents a strategic vision to promote 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 an important 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 strong sustainability practices, with recycled metal production generating up to 95 percent lower emissions compared to primary metal production. The company also has extensive expertise in circular metal processing and alloy manufacturing, particularly for the automotive sector, which is one of the largest global consumers of non-ferrous alloys.
Through this partnership, Hindustan Zinc aims to accelerate the development of India’s first downstream zinc industrial cluster, promoting innovation, sustainability, and long-term economic value. The initiative is expected to strengthen domestic value addition, encourage circular economy practices, and contribute significantly to Rajasthan’s industrial development.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
