Castrol India

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Castrol India
public company
Traded as BSE500870
NSECASTROLIND
Industry Oil and Gas
Founded 1910
Headquarters Mumbai, Maharashtra, India
Key people
Mr. Omer Dormen
(Managing Director)[1]
Products Oil
Petroleum
Petrochemical
Lubricant
Revenue 23,543 million (US$370 million)[2]
Owner BP (50.9%)[3]
Website www.castrol.com/en_in/india.html

Castrol India Limited is an automotive and industrial lubricant manufacturing company. Castrol India is the largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 48%[4] market share in the overall Indian lubricant market.[5] Its part of Castrol Limited UK (part of BP Group). It has 5 manufacturing plants that are networked with 270 distributors, serving over 70,000 retail outlets.[6]

History[edit]

In 1910, Castrol India started importing certain automotive lubricants from C C Wakefield & Company made an entry in the Indian market. In 1979, CIL was incorporated under the name of Indrol Lubricants and Specialities Pvt Ltd.[7] It was listed on BSE in 1982 and CIL was converted into a public limited company. CIL had formed a subsidiary Company in the year 1987 under the name of Indtech Speciality Chemicals, Ltd.

On 1 November 1990, the name of the company was changed from Indrol Lubricants & Specialities Ltd. to Castrol India Ltd. It helped to manufacture of Telephone cable jellies, pharmaceuticals jellies and industrial waxes in technical collaboration with Dussek Campbell, U.K.

Products[edit]

  • corrosion preventives and lubrIndustrial - Castrol metalworking fluids, cleaners,icants.
  • Oils - Cylinder oils-crosshead, crancase oils-crosshead, truck piston engine oils, hydraulic oils,gear oils, compressor oils, turbine oils, refrigeration oils, emulsifiable oils, multi-grades, heat transfer oils, greases, and fishing

References[edit]

  1. ^ "Executive Profile". Business Week. Retrieved 28 October 2014. 
  2. ^ "BSE Plus". Bseindia.com. Retrieved 22 December 2010. 
  3. ^ http://www.4-traders.com/CASTROL-INDIA-LIMITED-16030562/company/. Retrieved 2016-10-25.  Missing or empty |title= (help)
  4. ^ https://www.capitaline.com/SiteFrame.aspx?id=1
  5. ^ "HDFC Securities". Hdfcsec.com. Retrieved 22 December 2010. 
  6. ^ "Castrol India - Castrol India". Castrol.com. Retrieved 22 December 2010. 
  7. ^ "HDFC Securities". Hdfcsec.com. Retrieved 22 December 2010. 

External links[edit]