Gulf Oil and SCHWING Stetter partner to jointly market a range of genuine oils to meet the future high growth plans for both companies.

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~Gulf Oil the first-ever to partner with SCHWING Stetter for genuine oils for it’s CE lubricant needs~

Mumbai, February 14, 2022: Gulf Oil Lubricant, one of India’s largest and fastest-growing lubricant players, collaborated with SCHWING Stetter, pioneer of Concrete Construction equipment manufacturing in India to launch a range of genuine oils.

In line with the burgeoning demand in the construction and infrastructure space, SCHWING Stetter has entered into a strategic partnership with Gulf Oil for its construction equipment needs. Continuing with the government’s vision of developing world-class infrastructure and additional push with the PM Gati Shakti plan focusing on roads, ports, railways, logistics, etc. The demand for high quality, synthetic industrial lubricants and oils will witness growth, Gulf Oil is strategically positioned to cater to the growing market consumption in the construction segment.

This partnership brings to the market a range of products that include high technology & high-quality lubricants like Premium Hydraulic Oil, Engine Oil, Axle Oil, Gear Oil & High-end Synthetic Gear Oil for their Concrete Pump, Batching Plant, Concrete mixture & Self-loading mixer. This will cater to the distinct and technologically progressive needs of the Construction Equipment sector for Schwing Stetter pan India aftermarket requirement. These Genuine Oils will be distributed by SCHWING Stetter exclusively through its own outlets positioned at various locations across the country.

Ravi Chawla, MD & CEO, Gulf Oil Lubricants India Ltd, said, “Gulf Oil lubricant is strategically poised for exponential growth for the future. SCHWING Stetter’s confidence in Gulf Oil further reaffirms our position and our capability to drive the growth narrative of the construction sector.  The upsurge in demand for lubricants in the construction sector is clearly visible. Our innovative advanced product technologies and diverse product range can meet the ever-evolving demands of SS equipment users and the market. In addition, the unmatched extensive pan India network helps us raise the service standards.”

VG Sakthikumar, MD, SCHWING Stetter India said, “Innovation and technology have been our key drivers for the brand and Gulf Oil seamlessly fit in to provide the right kind of solutions to our infrastructure  growth. SCHWING Stetter is extremely delighted and thrilled with the collaboration and we are optimistic that our genuine oils will provide solutions to a lot of existing problems of the construction industry.” 

As the country’s fastest-growing sector, the infrastructure industry, SCHWING Stetter is the market leader, with a 65 per cent market share in concrete technology, where huge investments are expected by the government, private sector and housing welfare schemes. SCHWING Stetter is looking to extend its presence in India by distributing its new genuine oils exclusively through PAN India outlets. Gulf Oil will partner the brand to execute with better efficiency and efficacy.

About Gulf Oil Lubricants

Gulf Oil Lubricants India Limited (GOLIL), part of Hinduja Group and Gulf Oil International, is one of the leading players in the lubricant market in India and has a top 2 / 3 position in key segments amongst the private sector brands. GOLIL has a wide range of world class-leading products in the automotive and industrial lubricants space catering to B2B and B2C segments with a growing distribution network. The brand has tie-ups with over 20 leading OEM’s and a leader in the direct sales network to industrial, infrastructure and institutional customers, and exports to over 25 countries. Along with automotive and industrial lubricants, greases, we have a significant share in the 2-wheeler batteries segment. In India, the brand has a strong manufacturing and R&D bases with two plants in Silvassa and Ennore, Chennai. The brand is working towards being future-ready to offer additional mobility solutions and has recently tied up with Indra Technologies- UK based charger/mobility company to drive the change.

Today, globally the Gulf brand is present in more than 100 countries across five continents. The Gulf Oil International Group’s core business is manufacturing and marketing an extensive range of over 400 performance lubricants and associated products for all market segments.

Gulf enjoys a strong brand recall built through association with brand ambassadors like Mahendra Singh Dhoni, Hardik Pandya, Chennai Super Kings coupled with global sporting partnerships like McLaren etc.

To know more about GOLIL visit us at www.gulfoilindia.com

About SCHWING Stetter

SCHWING Stetter India is the leading manufacturer and supplier of construction equipment like Batching Plant, Concrete Pump, Concrete Mixer, Self-Loading Mixer, Excavator, Weigh Bridge, Chilling Plant, Plastering Machine, Tower Crane, Motor Grader, Horizontal Drilling Machine, Rotary Piling Rig, Aerial Working Platform, Cold Milling Machine, Slipform Paver, Light Mast, Sludge Pump, Wheel Loader and all types of Cranes.

To know more about SCHWING Stetter, visit us at https://www.schwingstetterindia.com/

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