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India is the sixth largest consumer of lubricants in the world. The current lubricants market is estimated to be of $1222 million (Rs. 55 billion). The automotive lubricants market in India was controlled by the four major public sector oil companies such as major public sector oil companies such as Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), Bharat Petroleum Corporation Limited (BPCL) and a handful of private companies such as Castrol, Tidewater, and others until 1992. Following liberalization, major policy initiatives were taken and which, encouraged foreign companies to invest in India.
GROWTH OPPORTUNITIES IN ELECTRIC VEHICLES, BATTERIES, AND ARTIFICIAL INTELLIGENCE-BASED MOBILITY SOLUTIONS
Global Automotive Cybersecurity Growth Opportunities
Global Heavy-duty Commercial Vehicle Transmission Market Growth Opportunities
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smart lighting market
medical supplies market
video analytics market
glucose monitoring devices market
residential energy storage market
wound care market
industrial robotics market
wearable technology market
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