Expansion Plan - Business Outrank

Hindustan Zinc announced a major investment of ₹12,000 crore to increase its integrated refined metal capacity by 250 kilotonnes per annum (KTPA) for doubling its total production capabilities. The board-approved decision includes mine and mill improvements across different sites and will be financed through internal cash reserves and debt funding. Hindustan Zinc operates at 93% of its 1,129 KTPA capacity while planning to increase metal production to 2,000 KTPA and silver output to 1,500 tonnes during the next five years. The company initiates its expansion plan which supports India's infrastructure development and the increasing steel sector demand for zinc. The company will construct a 250 KTPA integrated smelter at Debari in Rajasthan's Udaipur district which will require 36 months for completion. The company's CEO Arun Misra stated that this initiative supports India's goal of zinc self-sufficiency while following the national economic growth trajectory. Hindustan Zinc's aggressive expansion plan positions the company to become a leading supplier of zinc products for future industrial needs because global markets currently face a zinc supply shortage.

What's Hot

Bitcoin shatters record, surges past $119,000 amid crypto policy shift

X slashes subscription prices in India by up to 48% to attract users

Tesla’s Mumbai Debut: Tesla to Launch First India Experience Center on July 15

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Expansion Plan

Hindustan Zinc to Invest ₹12,000 Crore in Massive Expansion Plan

Bitcoin shatters record, surges past $119,000 amid crypto policy shift

X slashes subscription prices in India by up to 48% to attract users

Tesla’s Mumbai Debut: Tesla to Launch First India Experience Center on July 15

TVS Industrial & Logistics Parks Lists ₹1,300 Cr InvIT on NSE, Unlocks Infrastructure Growth

Our Picks

Bitcoin shatters record, surges past $119,000 amid crypto policy shift

X slashes subscription prices in India by up to 48% to attract users

Tesla’s Mumbai Debut: Tesla to Launch First India Experience Center on July 15

Most Popular

Bitcoin shatters record, surges past $119,000 amid crypto policy shift

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Expansion Plan