Manufacturing oils for both the automotive and industrial markets is Castrol India Ltd. With a 20% [failed verification] market share in the whole Indian lubricant market, Castrol India is the second-largest maker of automotive and industrial lubricants. Castrol Ltd UK owns it (part of BP Group). It has 5 manufacturing facilities that are connected to 270 distributors and provide products to over 70,000 retail stores.
In order to enter the Indian market, Castrol India began importing specific car lubricants from C C Wakefield & Company in 1910. CIL was established in 1979 as Indrol Lubricants and Specialities Pvt Ltd. In 1982, CIL became a public limited company and was listed on the BSE. Indtech Speciality Chemicals, Ltd. was a subsidiary company that CIL had established in 1987.
Indrol Lubricants & Specialities Ltd. was replaced with Castrol India Ltd. on November 1st, 1990. Through technical cooperation with Dussek Campbell, U.K., it assisted in the production of telephone cable jellies, pharmaceutical jellies, and industrial waxes.
Reliance Industries and BP were discussing a setting as of December 2019.
As of December 2019, Reliance Industries and BP were planning the establishment of petrol stations in India where Castrol’s products would be offered.
