Gulf Oil Lubricants India Restricted (Gulf Oil), a number one participant within the lubricants business, and Piaggio Automobiles Pvt Ltd (Piaggio India), a 100 % subsidiary of the Italian Piaggio Group and India’s main producer of small industrial automobiles have renewed their strategic partnership settlement to increase collaboration in delivering real and co-branded lubricants throughout Piaggio’s industrial automobile section. This unique partnership, renewed till 2030, underscores each firms’ dedication to high- efficiency, personalized lubricant options and units the muse for additional progress throughout retail, factory-fill, and export markets.
Gulf Oil Lubricants India and Piaggio Automobiles have renewed their unique partnership till 2030 to ship real and co-branded lubricants for Piaggio’s industrial automobiles.
This collaboration focuses on BS VI and EV fluids, enhancing automobile efficiency and aligning with India’s rising EV market.
The partnership goals to drive innovation and market progress.
The renewal settlement was signed by Mr. Diego Graffi, Chairman & MD, Piaggio Automobiles Pvt Ltd, and Mr. Ravi Chawla, MD & CEO, Gulf Oil Lubricants India Restricted. For the reason that partnership’s graduation in 2020, Gulf and Piaggio India have collaboratively developed high-quality lubricants designed to satisfy the evolving wants of Piaggio’s automobile vary together with BS VI and EV automobiles. This partnership has persistently delivered superior merchandise that improve automobile efficiency and longevity, offering Piaggio India’s channel companions & clients with optimized options for his or her industrial automobiles.
Reflecting on the partnership renewal, Mr. Ravi Chawla, MD & CEO, Gulf Oil Lubricants India, mentioned, “We are thrilled to renew our partnership with Piaggio India, which aligns with our mission to bring industry- leading, specialized lubricants to diverse vehicle segments. Our collaboration has been built on a shared passion for innovation and growth, and together, we are poised to expand our reach and impact in both traditional and electric vehicle markets. With India’s commercial vehicle market poised for significant growth driven by robust infrastructure development, this collaboration is well-positioned to capitalize on emerging opportunities and strengthen Gulf’s position as a trusted partner for OEMs, supporting our vision for sustained growth and excellence in the sector.”
With the renewal, Gulf will proceed as Piaggio India’s unique lubricant companion for all manufacturing unit fill, workshop, and retail necessities in India, together with exports to pick worldwide markets. The partnership will cowl the total spectrum of lubricants, together with superior BS VI oils and new EV fluids, developed to satisfy the evolving wants of Piaggio India’s rising buyer base.
Mr. Diego Graffi chairman & MD – Piaggio Automobiles Pvt Ltd, added, “This long-term renewal with Gulf Oil reinforces our commitment to delivering quality products that support optimal performance for Piaggio India’s customers. As both companies look to the future, Gulf’s strategic investments towards growing the EV fluids segment align seamlessly with Piaggio’s growing focus on electric mobility in India, particularly in the commercial light- weight and 3-wheeler EV segments. We look forward to this next chapter of collaboration.”
This partnership leverages the market management and strengths of each Gulf Oil and Piaggio to foster steady developments in automobile effectivity and lubricant know-how to set new benchmarks in product innovation and repair excellence.
Observe: The content material of this press launch has not been edited by Fibre2Fashion employees.
