Short Bio
A producer of zinc, lead, silver, and cadmium in India, Hindustan Zinc Limited (HZL) is an integrated mining and resource company. It belongs to Vedanta Limited as a subsidiary. It was once a Central Public Sector Undertaking that the Government of India sold to Vedanta Limited in 2003, when Atal Bihari Vajpayee and the Bharatiya Janta Party were in power. The second-largest zinc producer in the world is HZL.
Overview
Company Name: | Hindustan Zinc Limited |
Also Know as: | Hindustan Zinc |
Type: | Public |
Industry: | Mining and Metals |
Founded: | 1966 |
Founders: | Government of India |
Headquarters: | Udaipur, Rajasthan, India |
Area Served: | Global |
Revenue: | INR 22,609 crore (2020-21) |
Net Income: | INR 9,881 crore (2020-21) |
Number of Employees | Over 22,000 (2020-21) |
Website: | https://www.havells.com/ |
History
One of the biggest integrated manufacturers of zinc and lead in the world is Hindustan Zinc Limited, which was founded in 1966 by the Indian government. The business runs mines in Rajasthan where it explores, mines, and smelts ores for zinc, lead, and silver. The growth of India’s mining industry has been significantly aided by Hindustan Zinc.
Services
One of the biggest integrated manufacturers of zinc and lead in the world is Hindustan Zinc Limited, which was founded in 1966 by the Indian government. The business runs mines in Rajasthan where it explores, mines, and smelts ores for zinc, lead, and silver. The growth of India’s mining industry has been significantly aided by Hindustan Zinc.
Founder
The Government of India established Hindustan Zinc Limited with the goal of advancing the nation’s mining sector for zinc and lead. The strategic value of these minerals for the growth of industry and national security was acknowledged by the government. Hindustan Zinc has played a significant role in supplying the domestic and international markets with zinc and lead ever since it was founded.
Achievements
The Government of India established Hindustan Zinc Limited with the goal of advancing the nation’s mining sector for zinc and lead. The strategic value of these minerals for the growth of industry and national security was acknowledged by the government. Hindustan Zinc has played a significant role in supplying the domestic and international markets with zinc and lead ever since it was founded.