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Lubricants

The company is striving to establish a comprehensive ecosystem for its customers, offering a full spectrum of products, including lubricants, grease, diesel exhaust fuel, and more

Updated On: 26 Oct 2023 | 5:39 PM IST

Indian lubes market is expected to grow at a compounded annual growth rate (CAGR) of 3 per cent, with the country likely to see continued demand for lubricants notwithstanding the emergence of the electric vehicle segment, according to a report. On the contrary, the other key markets of the US, China, Japan and Russia, may witness a decline or slowdown in demand, as per the 'Kline's Global Lubricants 2022: Market Analysis and Assessment' report shared at an industry event here on Wednesday. The factors that will drive this progression include a growing digital economy, industrialization, urbanization, increasing discretionary spending, and increased investments in infrastructure development, it said. In 2021, India's lubricant market bounced back with double-digit growth after witnessing a strong decline in 2020 due to the COVID-19 pandemic. The market continued to grow further and exceeded pre-pandemic demand levels in 2022, it said. The report noted that India is a bright spot i

Updated On: 26 Jul 2023 | 10:49 PM IST

With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs

Updated On: 25 Nov 2022 | 5:40 PM IST

Indian Oil Corporation on Sunday said it will invest nearly Rs 840 crore in expanding its Petroleum, Oil and Lubricant storage capacities, including setting up a greenfield facility, in the Northeast

Updated On: 04 Apr 2022 | 1:20 AM IST

Revenue from operations rose to Rs 1,073.2 crore as against Rs 883.1 crore in the year-ago period

Updated On: 31 Oct 2021 | 12:03 PM IST

French auto major Renault on Wednesday announced a partnership with Castrol India for supply of exclusive aftersales engine oil lubricants in India. The partnership with Castrol India, leading automotive and industrial lubricant firm, will start from January 1, 2020, the company said in a statement. This announcement is an extension of a global strategic partnership between Groupe Renault and Castrol, it added. The two partners will also combine their expertise to deliver a jointly branded product range and premium experience to Renault customers, the company said. Commenting on the partnership, Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, "I am confident that Renault and Castrol's strong and growing partnership will enable us to combine the excellent skills and knowledge across both organisations to explore new opportunities in India's rapidly evolving market." Sandeep Sangwan, who will take over as Castrol India Managing Director with ...

Updated On: 18 Dec 2019 | 2:18 PM IST

The new products have been co-developed for the entire range of commercial vehicles, including the ones conforming to the upcoming BS-VI emission norms.

Updated On: 27 Nov 2019 | 2:08 AM IST

With community based apps and data-led targeting methods, lubricants brands are hoping to take the technological trail forward

Updated On: 04 Jul 2018 | 11:28 PM IST

Momentum in the personal mobility segment continues; uptick in commercial vehicle volumes as well

Updated On: 16 May 2016 | 11:04 PM IST