Largest Integrated Silver Manufacturer
Hindustan Zinc Limited was awarded with the prestigious title of India’s Largest Integrated Silver Manufacturer 2024 at the 3rd edition of the India Silver Conference 2025, held in Udaipur, Rajasthan. This recognition is a testament to Hindustan Zinc’s strategic focus and operational excellence, empowering the company to meet the rising demand for this precious metal driving the clean energy transition. Alongside receiving the honor, the company’s exhibit included London Bullion Market Association (LBMA) certified 99.99% purity marked 30 kg and 1 kg silver bars, alongside a few pieces of galena – the ore from which silver is produced, sourced from the company’s Sindesar Khurd Mine in Rajasthan. Sindesar Khurd Mine has the distinction of being among the top five silver-producing mines globally. The conference commenced with a keynote address by Arun Misra, CEO – Hindustan Zinc, setting the tone for high-caliber deliberations on demand resilience and future-forward strategies.
Silver, a key energy transition metal, is indispensable across a broad spectrum of industries, from solar energy and high-end electronics to Artificial Intelligence, nanotechnology, biotechnology, jewelry and silverware. With superior conductivity and innate antimicrobial attributes, silver is at the heart of next-generation technologies spanning solar photovoltaics, electric mobility, medical diagnostics and smart consumer devices. Hindustan Zinc is primed to meet this escalating global demand. Since the company’s disinvestment by the government in 2002 and subsequent acquisition by Vedanta, the company has achieved a phenomenal 20-fold increase in silver production, recognizing it as one of India’s most successful disinvestment stories. Before Vedanta’s acquisition, Hindustan Zinc was producing only a miniscule amount of silver and India was primarily dependent on imports for silver.
In his keynote address, Arun Misra, CEO – Hindustan Zinc Limited, said “At Hindustan Zinc, we take immense pride in being a global frontrunner in silver production. Our strategic positioning allows us to cater to the rising demand for this versatile metal. With silver prices touching historic heights, the metal has emerged as a pivotal enabler in the clean energy transition. Our silver, refined at our Pantnagar facility in Uttarakhand, is produced using 100% renewable energy, reinforcing our commitment to sustainable and responsible production.”
This year’s conference brought industry leaders and stakeholders to deliberate on the evolving macroeconomic currents shaping the silver ecosystem. Speaking at one of the panel discussions, Vijay Murthy, Chief Marketing & Sales Officer at Hindustan Zinc highlighted silver’s expanding relevance across critical sectors.
