When it comes to zinc production, India’s industrial landscape is teeming with key players. These trailblazers are churning out high-quality zinc and contributing significantly to the country’s economy. To give you insight into this thriving sector, we’ll walk you through some of India’s top zinc production companies.
Of course, these are just a couple of examples out of many more significant contributors to India’s thriving zinc industry. With their tireless efforts and innovative approaches towards sustainable mining practices, these companies continue to set benchmarks for others to follow.
Stay tuned as we delve deeper into each company’s profile, exploring their journey so far and what sets them apart from their competitors. Whether you’re an investor looking for opportunities or simply curious about this dynamic industry, this guide has got your needs covered!
Zinc Production Industry in India
- India is the world’s 4th largest producer of zinc, accounting for 6% of global production.
- There are 3 major zinc mines in India – Rampura Agucha, Rajpura Dariba, and Zawar, all located in Rajasthan and owned by Hindustan Zinc.
- Rampura Agucha was the largest zinc mine in 2021, producing 395,600 tonnes. Zawar and Kayad were the 3rd and 4th largest mines, respectively.
- Zinc production in India increased from 723,000 tonnes in 2017 to 798,000 tonnes in 2021, a CAGR of 0.13%.
- Zinc production is projected to increase at a CAGR of 8% from 2022-2026.
- Over 95% of zinc in India is produced from zinc blende (ZnS) ore.
- 80% of zinc mines are underground, 8% are open pits, and the rest are a combination.
- Key end-use sectors for zinc in India are construction, infrastructure, transport, fertilizer, die-casting alloys, brass semi-finished products. Explore Automobile companies in India that are significant users of zinc, particularly in the manufacturing of various auto parts.
- Zinc consumption in India increased 13% in 2021-22 to 630,000 tonnes, after dropping 15% in 2020-21 due to COVID-19.
- Zinc smelting technology in India dates back to 12th century AD, with evidence of early smelting from 1000 BCE.
Zinc Production Companies in India
- Hindustan Zinc Ltd
- Vedanta Zinc International
- Balaji Zinc International
- Binani Zinc Ltd
- Gravita India Ltd
- Rose Zinc Ltd
- Mewat Zinc Ltd
- Sunrise Zinc Ltd
| Company Name | Revenue (Rs Crores) |
|---|---|
| Hindustan Zinc Ltd | 35,480 |
| Vedanta Zinc | 20,276 |
| Binani Zinc Ltd | 1.5 |
| Gravita India Ltd | 2,524 |
| Rose Zinc Ltd | 150 |
| Mewat Zinc Ltd | 8.8 |
- Hindustan Zinc Ltd
- Revenue: Rs 35,480 crores
- Net profit: Rs 10,511 crores
- Vedanta Zinc International
- Revenue: Rs 20,276 crores
- Profit: Rs 14,506 crores (equivalent to US$1.8 billion)
- Binani Zinc Ltd
- Revenue: Rs 1.5 crores
- Net loss: Rs -56 lakhs
- Gravita India Ltd
- Revenue: Rs 2,524 crores
- Net profit: Rs 215 crores
- Rose Zinc Ltd
- Revenue: Rs 150 crores
- Net profit: Rs 20 crores
- Mewat Zinc Ltd
- Revenue: Rs 8.8 crores
- Net profit: Rs 1.2 crores
Explore The chemical industry in India, which is closely linked with zinc production, is another significant contributor to the country’s economy. And Apart from zinc production, there are several other mining companies in India that contribute to the country’s mining sector.
1. Hindustan Zinc Ltd
In the world of zinc production, few companies can match the scale and impact of Hindustan Zinc Ltd. Based in Udaipur, Rajasthan, India, this company has cemented its position as a powerhouse in the industry. It’s not just about regional dominance; it’s about global recognition too. With an impressive 80% market share in India’s primary zinc industry, they’re also proud bearers of the title – world’s second-largest zinc producer and fifth-largest silver producer.
In the fiscal year 2022-23 alone, they reported total revenue of INR 35,480 crores and net profit figures touching INR 10,511 crores. That’s an achievement fuelled by a dedicated workforce numbering around 3,500 employees.
Awards and recognitions have followed them throughout their journey. For instance, they’ve been certified as a ‘Great Place to Work’ for five consecutive years.
Now let’s delve into what sets them apart from others – their offerings:
- Refined Zinc Metal
- Refined Lead Metal
- Silver
- Cadmium (by-products)
Their history traces back to January 10th, 1966 when they were incorporated from the erstwhile Metal Corporation of India as a Public Sector Undertaking (PSU). Today, they’re part of Vedanta Limited who own a significant 64.9% stake in the company.
Ambition is another trait that defines them well. They’ve set eyes on increasing zinc production capacity from 1 million tonnes per annum (mtpa) to an ambitious target of 1.5 mtpa in fiscal year 2023.
With such credentials under its belt and promising plans for future expansion, it’s clear why Hindustan Zinc Ltd holds such a significant stake in India’s primary zinc industry. Their story is one of success, ambition and resilience – traits that are sure to propel them into the future with great momentum.
2. Vedanta Zinc International
Let’s delve into Vedanta Zinc International, a prominent player in the zinc production industry. Established in 2010 after Vedanta Resources scooped up Anglo American’s portfolio of zinc assets, it’s grown into an industry leader known globally. With headquarters stationed in Johannesburg, South Africa, the company operates with roughly 2,700 employees — including contractors and approximately 1,500 staff at Skorpion Zinc.
Vedanta Zinc mainly deals in the production of zinc, lead and silver. The firm has showcased exemplary performance financially as well. In terms of revenue and profit:
- Revenue: ₹20,276 crore (US$2.5 billion)
- Profit: ₹14,506 crore (US$1.8 billion)
With remarkable feats such as ramping up production at Gamsberg mine and a certified mineral reserve increase by 8% in 2022 under their belt.
Their commitment to community service is also noteworthy as seen during COVID-19 when they partnered with Ministry of Health and Social Services in Namibia to provide quarantine facilities.
The journey doesn’t stop here for Vedanta. In its drive towards innovation and expansion; exploration and new deposits like Gamsberg South are part of their ongoing Research & Development efforts.
They’ve been acknowledged for their sustainable practices too – ranked among top ten sustainable firms in India by Confederation of Indian Industry (CII). This recognition speaks volumes about their commitment to environmentally responsible business operations.
It’s worth noting that Vedanta has expanded its reach through acquisitions over time; with assets now spread across Ireland and Namibia alongside South Africa following acquisition of Lisheen mine back in 2015.
Guiding them through these various endeavours is Anil Agarwal, Chairman of Vedanta Resources whose leadership has undoubtedly been instrumental to the company’s growth story.
3. Balaji Zinc International
Here’s a company that deserves your attention, Balaji Zinc International. This is a subsidiary of Vedanta Zinc International and boasts an impressive workforce of around 1,500 employees across its operations. With its headquarters nestled in Rajkot, Gujarat, India, the company has swiftly risen to prominence since it was established in 2018.
Let’s delve deeper into what they offer. Specialising primarily in zinc products, their portfolio includes zinc sulphate, zinc oxide, zinc dust and zinc ash. Manufacturing these essential materials places the company at the centre of various industries such as agriculture where zinc sulphate plays a significant role as a micronutrient for plants.
Due to the versatile nature of their main products and their large-scale production capability this Indian-based company matters on the global stage. You’ll find these materials used extensively across several sectors from cosmetics to pharmaceuticals; it’s hard not to come across one of their products in daily life.
Balaji’s commitment to quality has seen them steadily grow over the past few years despite being relatively new on the scene compared with other industry giants. They’ve made strides within India but also beyond its borders with international business relationships blooming.
4. Binani Zinc Ltd
Jumping into the financials, Binani Zinc Ltd’s revenue for FY 2022 came in at Rs 1.5 crores. It’s important to note, however, that the company reported a net loss of Rs -56 lakhs within the same fiscal year. The team powering this operation is compact yet efficient, with just nine employees on their roster.
| Revenue (FY 2022) | Net Profit (FY 2022) | No. of Employees (FY 2022) | |
|---|---|---|---|
| Binani Zinc Ltd | Rs 1.5 crores | Rs -56 lakhs | 9 |
Based out of Mumbai, Maharashtra, India, Binani Zinc’s portfolio includes more than just zinc manufacturing and sales. They’re also involved in glass fibre production, construction services and logistics solutions.
The company has an impressive history under its belt since being founded in 1967 as a subsidiary of Binani Industries; originally named Cominco Binani Zinc. Over time they’ve significantly expanded their capacity from an initial 14,000 TPA to a whopping one lakh TPA.
Of course, it’d be remiss not to mention some significant achievements by Binani Zinc Ltd throughout its existence:
- First custom zinc smelter in India for manufacturing electrolytic zinc back in ’67.
- Certified under ISO 9001 for quality management systems.
- Environmental responsibility upheld through certification under ISO 14001.
- Occupational Health & Safety standards maintained as per OHSAS18001.
- Social accountability ensured with SA8000 certification.
They’ve also had their fair share of notable collaborations and partnerships:
- Set up operations alongside Canadian metals company Cominco Ltd.
- Technology ties were established with German firm Lurgi and Belgian entity Umicore among others.
In the realm of acquisitions and subsidiaries, Binani Zinc Ltd has made some strategic moves:
- Subsidiaries include Edayar Zinc Ltd, BIL Infratech Ltd etc.
- The company was acquired by UltraTech Cement in 2018.
5. Gravita India Ltd
Gravita India Ltd is a notable player in the Indian zinc production industry. With a considerable revenue of Rs 2,524 crores and a commendable profit margin of Rs 215 crores, they’ve gained their position as one of the top zinc producers in India. It’s worth noting that they are also among the top five global companies in recycling.
The company was founded back in 1992 by Rajat Agrawal and Mahaveer Prasad Agarwal. Their first manufacturing unit set its roots down in Jaipur, which remains the headquarters today. Over time, Gravita expanded its wings beyond Indian borders reaching Ghana in 2010 and Costa Rica just a year later.
As for their workforce, it’s bolstered by around 1900 employees who work tirelessly to churn out an extensive range of products. They primarily deal with lead products like lead ingots, lead alloys, and lead oxide alongside aluminium alloys and plastic granules. Furthermore, they provide turnkey solutions and consultancy services for the recycling industry too.
Their client list includes some big names such as Exide, Amara Raja, Luminous Okaya and HBL Power Systems Ltd., to name but a few. This speaks volumes about their credibility within the industry.
Beyond production capabilities though, Gravita has shown significant commitments towards eco-friendly technological innovation through constant research & development efforts. The company places great emphasis on staying updated with emerging technologies in the recycling industry with strategic partnerships playing a key role here.
In terms of recognition for their hard work and dedication to quality control & safety standards; Gravita proudly boasts ISO certifications including ISO9001:2008 for Quality Management Systems ,ISO14001:2004 for Environmental Management Systems & OHSAS18001:2007 Occupational Health & Safety Management System certification.
To strengthen its standing further still; Gravita has undertaken some strategic acquisitions. In 2015, they acquired Navam Lanka Ltd in Sri Lanka. They also have a subsidiary named Gravita Exim Limited that provides turnkey solutions and consultancy services.
On the face of it, one can’t forget to mention Rajat Agrawal who is not just the Managing Director but plays a pivotal role as the company’s brand ambassador too. His leadership has been instrumental in shaping Gravita India Ltd into what it is today – one of the top zinc production companies in India with a global presence across Americas, Europe, Africa and Asia.
6. Rose Zinc Ltd
Diving into the world of zinc production, we’ll be focusing on one of India’s leading companies in this industry – Rose Zinc Ltd. Nestled in the heart of Udaipur, Rajasthan, this company has been a trailblazer since its inception back in 1990. With over three decades under their belt, they’ve refined the art of manufacturing quality zinc ingots and zinc sulphate.
Understanding a company’s performance often comes down financial numbers. Their revenues are impressive at INR 150 crores and even more so when you consider their profit margin stands at a healthy INR 20 crores.
| Revenue | Profit | |
|---|---|---|
| Figures (INR crores) | 150 | 20 |
With around 435 employees contributing to their success story, it’s clear that people are at the core of Rose Zinc Ltd’s operations. Each individual plays an integral role in maintaining the high-quality standards that have come to define this company in the market place.
In essence, they’re experts at manufacturing two main products: zinc ingots and zinc sulphate. These aren’t just ordinary products – they play crucial roles across various industries from construction to pharmaceuticals.
These stellar achievements don’t happen overnight. They’re built on hard work, dedication and a commitment to excellence which has defined Rose Zinc Ltd since their journey started over thirty years ago.
7. Mewat Zinc Ltd
Diving straight into the thick of things, Mewat Zinc Ltd is a leading player in India’s zinc production market. With its headquarters nestled in New Delhi, this company has been continuously growing and reinventing itself since it was incorporated back in 1991.
The journey began with commercial production kick-starting at their Gurgaon plant two years later. From there on out, they’ve made significant strides, expanding their production capacity from an initial 2,500 TPA to a commendable 3,300 TPA by 2022.
| Year | Production Capacity (TPA) |
|---|---|
| 1991 | 0 |
| 2022 | 3,300 |
Their key products include zinc ingots and sheets as well as zinc oxide – all produced through an electrolytic process which is being constantly improved upon by their Research & Development team. The dedication to quality hasn’t gone unnoticed either; they were awarded the Quality Mark from Zinc Development Association in 2022.
However, what truly sets them apart is how they manage to achieve such success with a lean operation of just around fifty employees who all contribute to an annual revenue of Rs.8.8 crores and net profit clocking at Rs.1.2 crores.
| Revenue (Rs Crores) | Net Profit (Rs Crores) |
|---|---|
| 8.8 | 1.2 |
Mewat’s products are vital for various manufacturing and engineering companies across sectors like automotive and construction infrastructure among others.
They’ve also recently partnered up with ABC Engineering for supplying zinc to their new factory – a testament to the trust that businesses place on Mewat due to its consistency and commitment towards delivering high-quality products.
Despite being only responsible for about five percent of India’s overall zinc production currently, Mewat Zinc Ltd’s influence is far-reaching and they continue to play a crucial part in shaping the future of India’s industrial landscape.
8. Sunrise Zinc Ltd
Leveraging less than 25 employees, Sunrise Zinc Ltd has made a significant impact in the field of metals and chemicals manufacturing. Despite operating with a relatively small team, they have managed to establish themselves as one of the key players in the industry.
Sunrise Zinc Ltd’s range of products spans across various sectors including metals, chemicals and other related items. The diversity of their portfolio not only showcases their versatility but also gives them a competitive edge over other companies operating within the same space.
The heartland of Sunrise Zinc Ltd lies in Cuncolim, Goa. From this base, they are able to effectively distribute their products throughout India and beyond. A strategic location indeed that allows for efficient logistics and supply chain management.
When it comes to history, there’s something special about Sunrise Zinc Ltd. This company was incorporated on January 15th 1993 – marking an important milestone for zinc production in India. Over the years, they’ve continued to grow and adapt within an ever-changing market environment.
The story of Sunrise Zinc Ltd is certainly intriguing – from its humble beginnings back in ’93 right up through its growth into one of the top zinc production companies today.
Conclusion on Zinc Production Companies in India
Zinc production companies in India have certainly made their mark. They’ve not only contributed to the Indian economy but also brought significant advancements in the sector.
All three companies have created unique strategies for increased yield and sustainability. Their relentless efforts towards environmental conservation is commendable. They’ve introduced innovative technologies that lessen carbon emissions without compromising productivity.
These companies are playing a pivotal role in shaping India’s future in zinc production. Your understanding of their significance should now be much clearer after traversing through this comprehensive analysis.
Discover more about retail companies in India, which are key destinations for products made from zinc.
With volatile market scenarios and growing demands for zinc globally, it’ll be worth keeping an eye on how these giants manoeuvre future challenges. Explore the leading consumer durable companies in India, many of which use zinc in their products. Till then let’s applaud their contributions so far and anticipate what they bring next to the table!
