Short Bio
Castrol India Limited is Manufacturing lubricants for both the automotive and industrial markets. It holds a 20% market share in the overall Indian lubricant business and is the second-largest maker of automotive and industrial lubricants. It is a component of Castrol Limited UK, a BP Group company. It has 5 manufacturing facilities that are connected to 270 distributors and provide products to over 70,000 retail establishments. Leading lubricant provider to India’s automotive, industrial, and marine industries is Castrol India. Many other types of businesses, such as automotive and truck manufacturers, shipping and construction firms, employ the company’s products. Castrol India’s Director is Sandeep Sangwan. He has worked in the lubricants sector for more than 20 years.
Overview
Company Name: | Castrol India Limited |
Also Know as: | Castrol India |
Type: | Public Limited Company |
Industry: | Lubricants |
Founded: | 1910 |
Founders: | Sandeep Sangwan |
organization: | N/A |
Headquarters: | Gurugram, Haryana, India |
Area Served: | India |
Revenue: | INR 2,354.3 crores (US$290 million) (2021) |
Net Income: | INR 234.2 crores (US$30 million) (2021) |
Number of Employees: | 2,600 (2021) |
Website: | https://www.castrol.com/en_in/india/home.html |
History
In 1910, Sandeep Sangwan founded Castrol India. The business got its beginnings in Mumbai as a tiny lubricant production facility. Castrol India initially concentrated on the automotive industry. However, the business quickly entered other markets, including the industrial, maritime, and aviation sectors.
Castrol India became a public limited business in the 1970s. In the decades that followed, the business kept expanding, and it is today well-established in the Indian lubricant market. A subsidiary of the international lubricants corporation Castrol Limited, with its headquarters in the UK, is Castrol India.
Services
Castrol India offers a wide range of lubricants for a variety of applications. These include automotive, industrial, marine, and aviation lubricants. The company also offers a range of services, such as technical support, training, and fleet management.
Founder
N/A
Achievements
Castrol India has a long history of innovation and achievement. The company has been awarded several prestigious awards, including the Deming Prize for Excellence in Quality. Castrol India is also a member of the World Business Council for Sustainable Development.
Future Plans
Castrol India is committed to continuous improvement. The company plans to invest in research and development, as well as in new technologies. Castrol India also plans to expand its geographic reach and to grow its market share in India and abroad.
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