Udaipur, IndiaMay 16, 2026 /PRNewswire/ — Hindustan Zinc Limited, a Vedanta Group company and one of the world’s largest integrated zinc producers and a leading global silver producer, has partnered with V-Spark DeepTech Ventures, a global corporate innovation, accelerator, and venture capital platform, to launch Zinnovation 2026. Hindustan Zinc, in collaboration with V-Spark DeepTech Ventures, aims to deliver $209 million in value through AI-driven industrial transformation.
The projected value pool is expected to stem from productivity improvements, cost optimization, enhanced asset reliability, energy efficiency gains, safety enhancements, recovery rate improvements, and faster decision-making across Hindustan Zinc’s mines, smelters, and related operations. V-Spark will extend these next-generation use cases to the broader manufacturing sector, which is in urgent need of AI-driven upgrades.
During the event, multiple Memorandums of Understanding were signed on-site with XCMG, Sandvik, STL Digital, and AVEVA. V-Spark also reached agreements with emerging startups such as Beta Tanks Robotics, Symboticware AI, Kernely, Uncharted Technologies, Infinite Uptime, Intellisense.io, and Accenture, advancing promising solutions into detailed technical assessments and pilot readiness stages.
Priya Agarwal Hebbar, Chairperson of Hindustan Zinc, stated: “The future of manufacturing will depend on our ability to scale intelligently. At Hindustan Zinc, we embed technology at the core of our operations, enabling traditional industries to become data-driven and empowered. Zinnovation brings together global expertise, innovation, and solutions that will have a profound impact at the industrial level.”
Akarsh Hebbar, Chairperson of V-Spark DeepTech Ventures, said: “The next era of industrial leadership will be driven by AI and collaborative innovation. Zinnovation embodies our commitment in this direction—scaling innovation from pilot stages to large-scale industrial deployment.”
Hindustan Zinc is currently collaborating with over 50 deep-tech startups through V-Spark DeepTech Ventures on more than 100 projects, covering areas such as production enhancement, cost optimization, ESG leadership, asset performance, safety, and operational efficiency.
About Hindustan Zinc
Hindustan Zinc Limited is the world’s largest integrated zinc producer. As of 2025, the company has been recognized by S&P Global’s Corporate Sustainability Assessment (CSA) as the “Global Most Sustainable Metals and Mining Company” for three consecutive years and became the first Indian company to join the International Council on Mining and Metals (ICMM).
About V-Spark DeepTech Ventures
V-Spark DeepTech Ventures Pvt. Ltd. is Vedanta’s deep-tech and innovation-focused division, accelerating the technology-driven transformation of the group’s mining, metals, and manufacturing operations.