Top 10 Lubricant Companies In India In 2022
What is a lubricant? It is a substance that reduces the friction and the amount of heat created between the surfaces in contact. Here is the list of top lubricant producing companies in India in 2022:
It is a state-owned corporation by the Indian government’s Ministry of Petroleum and Natural gas. With a net profit of $6.1 billion for 2020-21, it is the country’s largest government-owned oil firm.
It is an oil and gas producing company controlled by the government of India. It is owned by the Ministry of Petroleum and Natural gas in Mumbai. It has two big refineries in Kochi and Mumbai.
It is a familiar and renowned name in the Indian lubricant industry. It is known for supplying varied enterprises in different industries. It is among the fastest-growing brands in India.
The company is known for working in a number of 140+ nations and has a long history in India. It is one of India’s leading FDI firms, with committed investments in many sectors totaling around US$ 850 million.
The company is a top competitor and a successful lubricant manufacturer in India. It manufactures motor oil and lubricants for competitive sports and champions in motorsports.
Owner of Veedol, Tide Water Oil is a leading manufacturer of quality lubricants in over 65 countries. It has been a pioneer in India since 1928 and has five plants in India- Howrah, Oragadam, Turbhe, Silvassa, and Faridabad.
It is a company that is a leading lubricant player and specializes in industrial and automotive lubricants, process oils, transformer oils, and greases. It is driving the market across the globe on various continents.
The Panama Petrochem was established in 1982 in India. It has 4 manufacturing plants across India and is an exporter of more than 80 variants of petroleum specialty products.
It was launched in 1994 in joint collaboration with a Japanese renowned group and gradually launched its own brand of lubricating oils in 2002 under the name “Savsol”.
Castrol was founded by Charles “Cheers” Wakefield under the name of ‘CC Wakefield and Company’ in 1899. Castrol India is an India-based company engaged in providing coke, refined petroleum products, and lubricating oils.