The Indian Automotive Lubricants Market is fueled by rising consumer awareness regarding the benefits of using higher-quality lubricants and the introduction of BS VI. With a predicted CAGR of 3.8 percent during the forecast period, the Indian industrial lubricant market is expected to rise from its current value of $1.4 billion in 2020 to $1.8 billion by the year 2027. The acceleration of economic expansion, vast improvement in the road infrastructure rapid urbanization, and rising disposable income is driving the market’s growth. Increasing demand for passenger cars, growing adoption of new energy vehicles, and growing industrialization are creating a huge demand for automotive lubricants. Nandan Petrochem, founded in 1992, is one of the fastest-growing manufacturers of Genuine Oils, Greases & Specialty Oils, with a significant PAN India and overseas presence in the Lubricating Oil market, continuously driven by innovation to enhance stakeholder value and customer satisfaction.
Today, customers face a lot of challenges that involve Product Quality, Timely delivery, Technically advanced products, and Value-based cost. “NPL is an indigenous manufacturer of genuine oils offering the best quality lubricants to the automotive industry. Our contract manufacturing business caters to the best brands in the automotive industry.
Besides this, we also service the lubricant demands of other industries such as off highways, SMEs & MSMEs. We stand out from other industry competitors due to our consistent product quality and holistic solutions for our customers, from product specifications to customer needs”, shares Hrishikesh Kulkarni, CEO, Nandan Petrochem.
Nandan Petrochem provides end-to-end support right from ‘concept to delivery’, it work like consultants making each step effortless for its customers by offering them the right products and solutions at the best value. NPL provides a wide range of services under different segments such as oils, grease, specialty oils, and genuine oils. It also offers services like private labelling and toll blending. The firm has seen it all, beginning as an OEM contract maker and progressing to the point where it introduces its brand, Velvex. The ‘VELVEX’ brand has been crucial in strengthening its foothold in northern India's Tier-II & Tier-III cities, and this trend has now spread throughout the country.
NPL is an indigenous manufacturer of genuine oils offering the best quality lubricants to the automotive industry
Nandan Petrochem has a talented workforce that includes seasoned professionals, specialists in related disciplines (such as white goods and consulting), and up-and-coming young technological talent. This diversity of ideas and experience helps Nandan Petrochem provide the essentials for its continued success. The manufacturer launched OE-approved 15W40 CK4 far earlier than other industry participants. Recently named as one of the top ten manufacturers of industrial lubricants and oils by Industry Outlook. NPL is set to shortly introduce the API SN+ range of 0W-16, fully synthetic Passenger Car motor oils for new generation direct injection and turbo engines, specially developed for added protection against low-speed pre-ignition.
Future Roadmap
Through continuous personnel training and employee satisfaction, the organization is dedicated to exceeding its goals for machine and product performance. In India's automotive lubricant sector, NPL still has a long way to go. Nandan Petrochem has a reputation for being one of the first DEF (Diesel Exhaust Fluid) manufacturers in India, and in addition to the 12 existing plants, NPL has built three new DEF factories in Kharagpur, Udaipur, and Pune to meet the country's growing demand for DEF. Looking at the future, Nandan Petrochem is focusing on the creation of lubricants for EVs as the world's transportation landscape shifts to one of green mobility.
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