The Lubricant Industry in India: A Deep Dive into Lubricant Oil Manufacturers in Mumbai
The lubricant industry in India is a cornerstone of the country’s industrial and automotive sectors, playing a vital role in ensuring the smooth operation of machinery and vehicles across diverse industries. Among the key players in this industry, Mumbai stands out as a hub for lubricant oil manufacturers, driving both innovation and quality. Companies like Nandan Petrochem Limited (NPL), with their flagship brand Velvex, are leading the charge in this dynamic market. Overview of the Lubricant Industry in India India's lubricant industry is one of the fastest-growing sectors globally, driven by the rapid industrialization and expansion of the automotive sector. The country is home to a wide range of lubricants, including automotive oils, industrial oils, greases, and specialty products. These lubricants are essential for reducing friction, preventing wear and tear, and ensuring the longevity of engines and machinery. The industry has seen significant growth due to the rising deman...