- Lubricants in India began in 1889 with the discovery of oil in Digboi, Assam, followed by the establishment of the first refinery in 1893.
- It is the world's sixth-largest lubricant market, primarily focused on innovative formulations for the automotive and industrial industries.
- Automotive lubricants have the highest market share, with two-wheelers and passenger vehicles generating major engine oil demand.
GyanTech Synergies Group (GSG), with its inception in 1970, started offering the market and sales of business research information services and integrated services of marketing, research, and market entry strategy. The group of companies, backed up by a comprehensive research institution of Japanese origin, boasts a strong presence in Japan, India, and the rest of the world, leading companies and research institutions, UN agencies, G20 government agencies, global educational institutions, etc.
15 May 2022
Facts & business lubricants in India
Labels:
Assam,
GyanTech Research,
India,
Lubricants,
Market Research Corporation
Location:
India
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