National Startup Day: Hindustan Zinc honors Startups driving Digital Innovation Across its Value Chain
• Hindustan Zinc organized
a felicitation ceremony for startups that are readily collaborating across the
company’s operations
• The company is actively
engaged with more than 40 tech startups on over 60 projects and engaging with
50+ startups for industrial scale-up at Hindustan Zinc
Ahead of National Startup
Day, Hindustan Zinc Limited, India’s largest and the world's second-largest
integrated zinc producer, felicitated technology and innovation startups
engaged in driving operational efficiency across the organization. The company
has embedded technological excellence and innovation such as robotics,
artificial intelligence, blockchain, and the Industrial Internet of Things
(IIoT), across its operations, setting new standards in the manufacturing
industry. The startups working with Hindustan Zinc are focused on core areas
such as volume enhancement, cost optimization, value creation, ESG excellence,
and enhancing safety practices.
On National Startup Day,
the company invited several startups, to demonstrate the impact of their
technologies across Hindustan Zinc. The company also held a felicitation
program presided over by Mr. Arun Misra, CEO of Hindustan Zinc Limited, and
other leaders of the organisation. The company announced plans to launch a
startup mentoring program to anchor startups and gain more insights in the
manufacturing sector. The company recognized eight startups including infinite
Uptime, Ripik.AI, Machine Max, Maximl Labs, Flux Auto, Detect Technologies and
recent Shark Tank India participant Jarsh Safety.
Currently, Hindustan Zinc
is engaged with more than 40 tech startups on over 60 different projects and
engaging with 50+ startups through Vedanta Spark to explore potential
use-cases. Vedanta Spark is Vedanta’s unique global corporate accelerator and
ventures program that collaborates with innovative startups to drive
large-scale transformative impact by addressing critical business challenges
through emerging technology. Under Vedanta Spark, Hindustan Zinc has unlocked
high-potential opportunities by leveraging technologies such as Artificial
Intelligence/Machine Learning, computer vision, drone technology, the Internet
of Things (IoT), and Augmented Reality/Virtual Reality (AR/VR). These projects
cover diverse areas, including process optimization, enhanced metal recovery,
asset reliability, productivity, and sustainability.
Sharing his thoughts, Mr. Arun Misra, CEO of Hindustan Zinc
Limited, said, “India’s startup ecosystem is the driving force behind
today’s innovations. At Hindustan Zinc, our investments in the latest
technologies enable us to ensure sustained operational efficiencies. As an
energy transition metal producer, our agile response to technological developments
by engaging with new-age startups equips us to create pathbreaking innovations
and stay ahead of the industry curve. With these emerging-tech startups, we are
developing an ecosystem that is lean and responsive to match the ongoing metal
economy for a sustainable future.”
Hindustan Zinc is currently
leveraging computer vision to monitor and boost various aspects of the smelting
process, aiding in cost optimization, volume enhancement, and ESG excellence
through Ripik.AI The startup is focused on enhancing manufacturing
competitiveness through advanced analytics. Founder of Ripik.AI, Mr. Pinak
Dattatray, said, “We are focused on enhancing manufacturing competitiveness
utilizing advanced analytics. Working with the world’s second-largest
integrated zinc producer is a privilege as it gives us a chance to drive
large-scale impact across some of the world's largest and most advanced plants.
By leveraging our patented vision ai model, we have helped HZL to scale up
production, reduce energy consumptions and emissions by improving the time to
action across 100+ users in 10+ units."
Hindustan Zinc is also
engaging with Jarsh Safety, a startup involved in the development of smart
safety wearables for various industries that is focused on reducing heat stress
and improving connectivity in various industrial setups. Kausthub Kaundinya, co-founder of Jarsh Safety, as seen on Shark Tank
India, said, “Our Smart Safety cooling helmets align closely with Hindustan
Zinc’s safety values. Through airconditioned helmets and smart wearables,
Hindustan Zinc aims to reduce heat stress among the workforce and utilize
AI-enabled cameras to monitor safety incidents. It is a privilege to work with
the world’s most sustainable metals and mining company by improving
connectivity, resulting in enhanced health, a reduction in accidents, and
increased productivity through our smart helmets.”
Other startups working with
Hindustan Zinc are utilizing new-age technologies like AI-driven advanced
analytics, IoT sensors, machine learning, and real-time industrial diagnostics
to monitor equipment and provide actionable insights to optimize performance
and productivity. The company fosters a startup mindset internally through
Innovation Cafés, enabling Hindustan Zinc to achieve best-in-class asset reliability
and operational excellence.
Hindustan Zinc also
nurtures a vast ecosystem of micro-enterprises and rural entrepreneurs through
its social impact initiatives in rural hinterlands. The company’s Sakhi
initiative engages with rural women of Rajasthan and through the brand Upaya
has enabled sales of various products produced by Sakhi women on e-commerce
platforms utilizing technological intervention across value chain. Over the
years, the company has supported numerous MSMEs associated with Hindustan
Zinc’s business partner and supplier network across various domains such as
supply chain, mine development, and production.
Hindustan Zinc Limited
(BSE: 500188 and NSE: HINDZINC), a Vedanta Group company, is the world’s
second-largest integrated zinc producer and the third-largest silver producer.
The company supplies to more than 40 countries and holds a market share of
about 75% of the primary zinc market in India. Hindustan Zinc has been
recognized as the world’s most sustainable company in the metals and mining
category for the second consecutive year by the S&P Global Corporate
Sustainability Assessment 2024, reflecting its operational excellence,
innovation, and leading ESG practices. Hindustan Zinc is also a certified 2.41
times Water-Positive company and is committed to achieving Net Zero emissions
by 2050 or sooner. As an energy transition metals company, Hindustan Zinc is
pivotal in providing critical metals essential for a sustainable future.