Gulf Oil the first-ever to partner with SCHWING Stetter for genuine oils for it’s CE lubricant needs
Mumbai, February 16, 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.
