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The petrochemical industry in India has been one of the fastest growing industries in the country. This industry also has immense importance in the growth of economy of the country and the growth and development of manufacturing industry as well. It provides the foundation for manufacturing industries like construction, packaging, pharmaceuticals, agriculture, textiles etc.Petroleum productsare useful materials derived from crude oil (petroleum) as it is processed in oil refineries. Major products of oil refineries includes asphalt, liquefied petroleum gas, diesel fuel, lubricating oils, fuel oils, gasoline, kerosene, paraffin wax, tar, petrochemicals. Product variation is fairly extensive depending on the requirements of the segment served. In many cases, specific customers have their own special requirements.
The lubricating oil and grease are one of the most important sectors of the petrochemical industry. The lubricating oil and grease market in India is of the order of 1.3 million tonnes and is growing at around 4.5% annually. The moderate growth is paradoxically due to the supply of better quality of lubricants which have longer servicing capability. The lubricant market is estimated to grow to the level of 1.42 million tonnes in 2006-07 and to approximately 2 million tonnes in 2014-15.
The Indian lubricants industry claims to be the sixth largest in the world. It has the presence of almost all major MNCs which include Shell, Mobil, Gulf oil, Caltex. Some of these oil majors have even tied up or renewed old ties with public sector undertakings, thereby gaining the advantage of distribution and infrastructural networks. The industry is being constrained by high petroleum prices.
The Lubricants market was dominated by three public sectors refinery companies. One of them is Bharat Petroleum, followed by Indian Oil Corporation and Hindustan Petroleum. Small contributions came in from BPL and private players like Castrol, Lubrizol India and Indian Additives came into existence for manufacturing sophisticated lubricant additives with the collaboration of Lubrizol and Chevron, respectively.
The Lube market consists of two major segments, automotive and industrial, having a market share of 60% and 40%, respectively. Most of the competition is crowding into the first category. In the automotive segment, while cars and two or three wheelers segment accounts for 30% of the market, diesel operated engines, trucks and other heavy vehicles have the bulk share of 70%.
Some of the leading brands include Mobil, Penzoil, Castrol, Servo, Friction, Modifiers, Multi-G, Power Trac, XHD, Elf, Motorol, ESSO, Shell, to name a few.
Please choose a project below related to this category.
A positive blend of health and tradition makes mustard oil an interesting space for startups to explore. With India’s mustard oil market at appr...
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Capacity : Mustard Oil: 30 MT Per Day, Deoiled Cake (By Product): 67 MT Per Day |
Plant and Machinery cost: 275 |
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Working Capital : N/A |
Rate of Return (ROR): 28 |
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Break Even Point (BEP): 57 |
TCI :
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Cost of Project : 1358 |
Mustard belongs to the family of “Cruciferae” and popularly used in Indian cooking. India is number one in production of mustard. Mustard gives edible...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Turmeric, known as haldi in Hindi, is a popular and sacred spice from India. It is nicknamed as ‘Indian Solid Gold’ and ‘Indian Saff...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Pomegranate Farming Business. Profitable Fruit Cultivation Business Ideas. Best Agriculture/Agro-Based Business Pomegranate (Punica granatum) is one...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Banana Plantation. Banana Fruit Farming Business. Commercial Agriculture Cultivation Banana is a very popular fruit due to its low price and high nut...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Goat Rearing & Breeding Business. Raising Goat for Milk and Meat Production. Commercial Goat Farming Project Rearing goats is a profitable business....
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Teak is a tropical tree indigenous to South East Asia. Most Teak comes from managed plantations in Indonesia, India, Myanmar, Philippines, and Malaysi...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Eucalyptus is a genus of trees. There are over 700 species of eucalypts, and almost all of them are in Australia. Eucalypts can be found in almost eve...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Dragon Fruit stems are scandent (climbing habit), creeping, sprawling or clambering, and branch profusely. There can be 4-7 of them, between 5 and 10...
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Capacity : 7200 Kgs/day |
Plant and Machinery cost: 1316 lakhs |
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Working Capital : - |
Rate of Return (ROR): 133.00 |
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Break Even Point (BEP): 15.00 |
TCI : Cost of Project : Rs 3183 lakhs |
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Cost of Project : 318300000 |
Button mushroom (Agaricus bisporus) is the most popular variety, fetches high price, still dominating the Indian and International market. It contribu...
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Capacity : 5000 Kgs./day |
Plant and Machinery cost: 672 lakhs |
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Working Capital : - |
Rate of Return (ROR): 28.00 |
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Break Even Point (BEP): 34.00 |
TCI : Cost of Project: Rs 1277 lakhs |
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Cost of Project : 127700000 |
Banana is one of the most important fruit crops grown in India. In respect of area it ranks second and first in production only after mango in this co...
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Capacity : Banana G 9:334.8MT/aanum Banana RED:334.8MT/aanum Banana NENDRAN:334.8MT/aanum Banana YELAKI |
Plant and Machinery cost: Rs 389 lakhs |
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Working Capital : - |
Rate of Return (ROR): 14.00 |
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Break Even Point (BEP): 38.00 |
TCI : Cost of Project: Rs 1071 lakhs |
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Cost of Project : 107100000 |
Banana is one of the most important fruit crops grown in India. In respect of area it ranks second and first in production only after mango in this co...
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Capacity : Banana G 9:334.8MT/aanum Banana RED:334.8MT/aanum Banana NENDRAN:334.8MT/aanum Banana YELAKI |
Plant and Machinery cost: Rs 389 lakhs |
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Working Capital : - |
Rate of Return (ROR): 14.00 |
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Break Even Point (BEP): 38.00 |
TCI : Cost of Project: Rs 1071 lakhs |
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Cost of Project : 107100000 |
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