Udaipur, April 11, 2025 – Vedanta Chairman Anil Agarwal has shared via social media the story of Hindustan Zinc Limited’s (HZL) growth saying that a new era of India's growth began 23 years ago. At that time, the demand for critical metals like zinc was high, but production was very low. India used to import zinc, and there was a hefty 40% duty on it. Fortunately, in 2002, the government took a bold step by privatising Hindustan Zinc and gave Vedanta the opportunity to lead it.

Within just one year, without any retrenchment, and with the help of technology and experts, profits increased by 113.58%. Today, says Agarwal, I am proud to say that HZL is not just India’s but the world’s largest integrated zinc producer.

What Chairman Anil Agarwal said:

Silver production in India was also very low at the time, but the company’s engineers and experts conducted extensive research and managed to increase silver production in India by 15 times. This led to employment for lakhs of people in Rajasthan and the emergence of over 1,000 allied industries.

Till date, HZL has contributed nearly Rs 1.7 lakh crore to the nation’s Treasury. Along with economic and social prosperity, there has also been environmental improvement - and the sunshine state of Rajasthan is shining even brighter today. This journey has been truly amazing so far - and this is just the beginning.

HZL, a Vedanta Group company, is the world’s largest integrated zinc producer and the third-largest silver producer globally. With a dominant 75% market share in India's primary zinc market, the company supplies its products to over 40 countries worldwide.

Recognised for its industry-leading practices, HZL has been ranked as the world’s most sustainable company in the metals and mining sector for the second consecutive year by the S&P Global Corporate Sustainability Assessment 2024. This recognition reflects the company’s excellence in operations, innovation, and environmental, social, and governance (ESG) standards.

Taking a significant step towards sustainable production, the company has introduced EcoZinc – Asia’s first low-carbon "green" zinc brand. Produced using renewable energy, EcoZinc has a carbon footprint of less than 1 ton of CO₂ per ton of zinc – nearly 75% lower than the global average.

HZL is also a certified 2.41 times water-positive company and is strongly committed to achieving net zero emissions by 2050 or earlier. Its social impact is equally commendable, having positively impacted the lives of 1.9 million people through targeted community development programmes, earning it a spot among India’s Top 10 CSR companies.

As a leading energy transition metal company, HZL plays a critical role in supplying the resources essential for a sustainable future. The company is also a pioneer in workplace inclusion, with over 25% gender diversity - the highest in India’s mining, metals and heavy engineering sectors.