- Business
- Castrol India Limited is a leading manufacturer and marketer of automotive and industrial lubricants in India, operating as part of Castrol Limited UK under the BP Group. The company offers a comprehensive product portfolio including engine oils, transmission fluids, greases, industrial lubricants, marine lubricants, and energy sector oils. Its product brands include Castrol Edge, Castrol Magnatec, Castrol GTX for passenger vehicles; Castrol Vecton, CRB, and RX for commercial vehicles; and specialized fluids such as Transmax and Syntrax for transmissions and differentials. It serves diverse customer segments including automotive, commercial vehicles, industrial machinery, marine, and energy sectors across India through five manufacturing plants, a network of over 400 distributors, and 70,000 retail outlets.
Founded in 1910 and headquartered in Mumbai, Castrol India has recently pursued strategic growth initiatives with a focus on innovation and market expansion. Key developments in the past two years include a strategic investment of up to ₹487.5 crores in ki Mobility Solutions Pvt. Ltd., forming a partnership to expand automotive aftermarket services and digital multi-brand service offerings for internal combustion and electric vehicles. The company also launched new auto care products such as Throttle Body Cleaner, Fuel Injector and Carburetor Cleaner, and Brake Cleaner, enhancing its product range. Additionally, it strengthened collaborations with established vehicle manufacturers, including a strategic partnership with Mahindra for tractor lubricants under the brand "Mileage Ka Master." Castrol India has also emphasized growth in rural markets and industrial lubricants as part of its long-term strategy.
The company continues to advance its market position by upgrading existing product lines to meet industry standards, such as the Castrol Magnatec now complying with the latest API SQ standard, and focusing on digital capabilities and sustainability aligned with evolving clean mobility goals in India. Management changes include the appointment of Kedar Lele as Managing Director effective November 2024 and recent leadership appointments aimed at reinforcing business growth and sales performance. Castrol India maintains a strong presence in the lubricant market as the second-largest player in India, holding about 20% market share overall, and leverages BP's global technology and innovation to drive its business forward.