Monthly Archives: October 2015

Lubricants Market in India

Posted By Team MCG On

  India occupies fifth position in the global lubricants market after US, China, Russia and Japan.  Indian lubricants market which was a monopoly of public sector oil marketing companies, has witnessed the entry of multinational and domestic private players post liberalization. Over the recent years, consumer awareness about usage of lubricants has improved leading to an increased demand for high performance products. The domestic lubricants industry is witnessing stiff competition among players leading to an […]