- moc.ortepahdol@stropxe
Indian Petroleum Industry
Indian petroleum industry has more than hundred year rich history and witness of many technological changes during this remarkable journey. The rich history of Indian petroleum industry started in 1889 under the British rule in Digboi, Assam and after that it is continuously growing. When we talk about Indian petroleum industry it includes exploration, extraction, refining, transporting and marketing of petroleum products across the globe. As far as Indian export economy is concern oil-based products has supported the economy to a large extent. We at Lodha Petro – leading exporter of petroleum products in India explains the export scenario in this blog post for petroleum products.
Export Scenario of Petroleum Products
Petroleum products are the number one commodity exported from India in last financial year before jewellery, automobile and machinery. We are hugely depended on crude oil import however petroleum products is the number one revenue generator from export. We have tough competition from china for petroleum product export in recent past still our growth is remarkable. India is considering the major market leader for petroleum product export in south Asia.
Products Exported from India
Worldwide there is a huge demand for the refined petroleum products and India becomes the hub for export in recent past. The quality of Indian petroleum products is better compare to other country including china and hence the export from India is increased. The export of petroleum products from India is increased by almost 11 percent in the current financial year. There are so many petroleum products which is exported from India including White Oil & Liquid Paraffin, Paraffin Wax, Rubber Processing Oil, Agricultural oils, White Petroleum Jelly cutting fluids, greases, hydraulic oils, Transformer Oil and other byproducts.
We at Lodha petro is flag-bearer of Indian petroleum industry with our numerous quality products. We have seen tremendous growth since our inception and established strong clientele in Europe, Middle East, Africa and other part of the world. To know more about Indian petroleum industry and our range of products feel free to contact us anytime or read our blog post.