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Indian Lubricants Industry 2008
Heernet Ventures Limited, March 2008, Pages: 38
This report provides a comprehensive overview of the Indian lubricants’ industry. It covers: market size and structure; historical development; regulatory environment; major players; foreign investment; and growth prospects. The report covers both the automotive and industrial lubricants sectors.
The report was research and written by our India-based analysts following extensive desk research and interviews with industry participants. The report is detailed and well illustrated with appropriate graphs, maps and diagrams.
Target audience
The report is targeted at lubricant manufacturers and distributors who are keen to build an understanding of the Indian lubricants industry and the opportunities it presents. In addition to this, it will be extremely useful for financial investors pursuing investment opportunities in India, consultants and other industry analysts.
Indian lubricants’ industry presents new market opportunities, according to this new research study
Strong growth in the Indian automotive, power and engineering sectors is creating new market opportunities for lubricants’ manufacturers, according to this new study.
In the automotive sector, consumers are migrating to better quality vehicles and motorbikes and as a result, using higher grade lubricants; this is benefiting multi-grade lubricant products with strong brand recognition and wide distribution. In the industrials’ segment, high levels of investment in the power, manufacturing and transport sectors should drive very strong growth for transformer oils, marine and aviation lubricants. Whilst there are no restrictions on foreign lubricant manufacturers from establishing 100%-owned operations in India, many have chosen to partner with local companies.
This new research study provides a comprehensive overview of the Indian lubricants’ industry. It covers: market size and structure; historical development; regulatory environment; major players; foreign investment; and growth prospects. The study covers both the automotive and industrial lubricants sectors. It is detailed and well illustrated with appropriate graphs, maps and diagrams.
The report is targeted at lubricant manufacturers and distributors who are keen to build an understanding of the Indian lubricants industry and the opportunities it presents. In addition to this, it will be extremely useful for financial investors pursuing investment opportunities in India, consultants and other industry analysts.
Commenting on the research, Harjinder Singh-Heer, Managing Director of India Analysis said “lubricant manufacturers who produce premium products and invest in marketing and distribution can expect to benefit from the growing opportunities in the Indian lubricants market.”
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