BPCL planning to raise engine oil market share to 13-14% by March
13th Oct 2020

Bharat Petroleum Corporation (BPCL), which controls 11-12 percent of the around Rs 35,000-crore engine oil market, has set a target of raising its market share to 13-14 percent by March, given the rising rural demand as the farm sector is set for yet another bumper harvest. The second-largest national oil marketer is also expecting to increase its rural volumes to 60 percent and above by the end of this fiscal, from 45-50 percent now. Tractor oils are the largest selling product for the divestment-bound company that sells its lubes under the umbrella brand of Mak.

BPCL is into exploration, production and retailing of petroleum and petrol related products. The retail business unit of BPCL is into marketing of petrol, diesel and kerosene.