Lubricant Companies In India: Top 10 Best Updated List 2022
Are you interested in learning about India’s top lubricant companies? If so, the top ten engine oil brands that are effectively serving the Indian market are listed here.
India’s population growth is resulting in a greater requirement for transportation. For good operation, lubricants are needed in all vehicles. Companies that manufacture lubricants are expanding, just as there are numerous modes of transportation.
Lubricant Industry in India 2022
As per the latest reports in The Times of India, the Indian lubricant market is the third-largest lubricant market in the world and one of the fastest-growing industries.
In India, the lubricants market is anticipated to increase by 809.93 thousand tonnes between 2022 and 2026, expanding at a CAGR of 5.58%.
The market is being driven by rising end-user industry demand as well as rising requirements for dependable equipment and efficient maintenance.
As per the market analysis and reports, one of the main factors propelling the growth of the lubricants market in India over the coming few years is the rising adoption of automated lubrication systems.
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Top 10 Lubricant Companies in India
| Lubricant Companies | Founded In | CEO |
|---|---|---|
| Indian Oil Corporation | 1964 | Shrikant Madhav Vaidya |
| Bharat Petroleum | 1991 | Mr S Varadarajan |
| Castrol India Limited | 1910 | Deepesh Baxi (CFO) |
| Gulf Lubricants | 1901 | Ravi Chawla |
| Shell India Markets Private Limited | 1907 | Nitin Prasad |
| ELF India | 2003 | Tarang Amin |
| Valvoline | 1866 | Sam Mitchell |
| ExxonMobil Lubricants Private Limited | 1911 | Deepankar Banerjee |
| GS Caltex India Private Limited | 1966 | Rajesh Nagar |
| Tide Water Oil Co India Limited | 1928 | Sanjoy Bhattacharya (Chairman) |
1. Indian Oil Corporation, Servo
Indian Oil Corporation was founded in 1964 and this business is owned by the Indian government.
This corporation is a significant oil producer in India. This company operates the most number of petrol stations in India. Servo is one of the top brands of this corporation.
With an operating revenue of 7,28460 crores, the IndianOil corporation gained the highest ranked energy PSU of 142 on the global fortune list of 500 with an annual profit of 24,184 crores for the fiscal year 20211-2022.
2. Bharat Petroleum
Owned and controlled by the government of India, Bharat Petroleum was started in 1991. Currently, this corporation has five active plants across India.
The Burmah Shell was acquired by the Indian government on January 24, 1976, resulting in the establishment of Bharat Refineries Limited.
It then changed its name to Bharat Petroleum Corporation Limited on August 1st, 1977.
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3. Castrol India Limited
Castrol India Limited is one of the leading and among the top 10 lubricant companies in India.
This corporation was founded in Mumbai in 1910. This non-synthetic lubricant is mainly used in diesel or petrol-powered vehicles and types of machinery.
This corporation is a member of the BP group that also deals in retail automotive lubricants such as 4-stroke engine oils, multigrade engine oils, and engine oils for passenger cars.
4. Gulf Lubricants
Gulf lubricants is another well-known lubricant brand in India. The company was started in 1901.
This top lubricant manufacturing brand offers a wide range of automotive lubricants and engine oils for a variety of automobiles and machinery.
Being a part of the Hinduja group, this corporation is said to have more than 50,000 suppliers and around 300 providers across the nation.
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5. Shell India Markets Private Limited
Established in 1907, Shell India Markets Private Limited is one of the top lubricant brands and petrochemical and energy-based corporations in India.
Shell is a well-known lubricant brand in India that indulges in the business of grease, oil, and lubricant.
With its 44,000 service stations located across the globe, the shell is also one of the largest suppliers of transport fuel in the world.
6. ELF India
ELF is a Mumbai-based company that started in 2003 in Maharashtra.
ELF is a popular lubricant brand of Total in India which majorly manufactures lubricants and oil for competitive sports and automobiles.
Automobile cooling systems, grease, manual gearboxes, and brakes are some of the customized and redesigned products that this company produces alongside lubricant and engine oil.
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7. Valvoline
Started in 1866, Valvoline is another one of the top lubricant brands in India whose workstation is located in Gurgaon, Haryana.
Along with a tried-and-true low fuel economy formula, Valvoline offers exceptional high and low-temperature performance.
This corporation produces top-notch lubricants of the highest quality for use in racing & competitive sports, automobiles, and industry.
8. ExxonMobil Lubricants Private Limited
ExxonMobil Lubricants Private Limited was founded in 1911 in India whose headquarter is situated in Gurgaon, Haryana.
With its specialty in creating lubricant oil for heavy-duty machinery and vehicles, this company has emerged as one of the top lubricant companies in India.
From premium oil to heavy-duty engine oil to industrial lubricants, this company offers a wide range of lubricant oil to choose from.
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9. GS Caltex India Private Limited
GS Caltex India Private Limited is another well-known lubricant brand in India. The company was incorporated in 1966 and its headquarter is located in Mumbai.
The company is a leading supplier of Group 2 plus and Group 3 base oils and offers a wide range of petrochemical and lubricant products.
The company is also a leading supplier to OEMs such as Mercedes Benz, Hyundai, BMW, KIA Motors, and others.
10. Tide Water Oil Co India Limited
Tide Water Oil Co India Limited is a firm based in Kolkata, West Bengal, and was incorporated in 1928.
The company currently has 5 active manufacturing units across the nation with more than 700 dealers. The company recently ranked among the top lubricant companies in India.
Tide Water Oil has a supply chain that produces a variety of lubricants and engine oil including coolants, engine oil, industrial machinery lubricants, grease, gear oil, and so on.
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Frequently Asked Questions (FAQs)
Which is the best lubricant in India?
Engine oil lubricant is the lifeline of your automobiles, vehicles, and machinery. Castrol, Servo, Gulf, ELF, and Valvoline are some of the best lubricants in India.
What are the different types of lubricants?
Lubricants are used to increase the life efficiency of vehicles, automobiles, machinery, etc. The different types of lubricants are Grease, Oil, Dry Lubricants, Penetrating Lubricants, and
Which is the largest lubricant brand in India?
The Indian market is filled with popular lubricant brands and among them, Indian Oil Corporation (Servo) is the largest lubricant brand in India.
If you’re seeking to buy lubricants for your automobile, the list of the finest lubricant firms in India mentioned above is a good place to start. You can use this article as a reference or understand the lubricant industry in India.
For any query or for more updates you can comment down in the comment section.
