GP Petroleums partners Repsol to launch lubricant range in India
With this, GP Petroleums, which has a strong presence in the industrial lubricants with its flagship brand IPOL, will now unleash a new aggressive marketing strategy in the automotive segment also with Repsol.
“We are delighted to announce the tie-up with Repsol, a very well-reputed international brand and we will be marketing their entire product range as part of our portfolio. With the economy showing recovery, the lubricant segment is expected to witness growth in future. With the changing engine technology, Repsol lubricants which is focused on innovation is the answer to today’s consumer needs," said Sudhir Goyel, Managing Director, Gulf Petrochem Group.
Orlando Carbo, Lubricants Director, Repsol, said: “We see the Indian market to have great potential. India will be a very important market for us and this tie-up will help us expand our footprints in this ever growing economy. Partnering with GP Petroleums Ltd, a brand with strong presence in the Indian lubricant market, has given us a firsthand advantage in this sector. With our strengths together, we extend our capabilities to globally distribute a wider variety of products."
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