Gulf Oil Lubricant has collaborated with Schwing Stetter, which makes concrete construction equipment in India to launch a range of genuine oils.
In line with the burgeoning demand in the construction and infrastructure space, Schwing Stetter says it has entered into a strategic partnership with Gulf Oil for its construction equipment needs. The company says the demand for high quality, synthetic industrial lubricants and oils will witness growth and Gulf Oil is strategically positioned to cater to the growing market consumption in the construction segment.
The partnership will bring to the market a range of products that include high technology and high-quality lubricants including – premium hydraulic oil, engine oil, axle oil, gear oil & high-end synthetic gear oil for their concrete pump, batching plant, concrete mixture and self-loading mixer. It will cater to the distinct and technologically progressive needs of the Construction Equipment sector for Schwing Stetter all-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 and CEO, Gulf Oil Lubricants India said, “Gulf Oil lubricant is strategically poised for exponential growth for the future. 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 all-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. “
At present, Schwing Stetter says it is the market leader with a 65 percent market share in the concrete technology, where huge investments are expected by the government, private sector and housing welfare schemes. The OEM is looking to extend its presence in India by distributing its new genuine oils exclusively through outlets across the country. Gulf Oil will partner the brand to execute with better efficiency and efficacy.