HPCL, Petromin Express India collaborate to set up 1,000 multi-brand quick service centres

22 Jun 2023 , 10:14 AM

HPCL announced that Petromin Express India has partnered with the company for setting up about 1,000 vehicle service centres at its retail outlets in India.

The co-branded outlets of Petromin-HPCL will allow customers to experience world-class vehicle ownership at affordable price points.

Petromin Corporation – KSA, will jointly work with HPCL for setting up about 1,000 co-branded quick service outlets. These outlets will offer a wide range of solutions under one umbrella. This will include, light repairs, HP lube change, battery, tires, periodical maintenance, AC, and car eco wash services at HPCL’s retail outlets across India.

This collaboration will cater to the needs of customers across all segments of two, three, and four-wheelers.

Sandeep Maheshwari, Executive Director Retail, HPCL, and Kalyana Sivagnanam, Group CEO of Petromin Corporation, signed the agreement on June 16, 2023, in Bengaluru.

Petromin Corporation, a prominent company in Saudi Arabia, is engaged in multiple sectors, including lubricants and automotive services. The company operates four distinct lines of business, namely oil lubricants, car servicing under the brand name Petromin Express, fuel retailing, and car dealerships.

Petromin manages about 6,000 employees and 700 service centers across GCC. The company exports its products to more than 40 countries.

At around 10.09 AM, HPCL was trading 0.42% lower at Rs 272.85, against the previous close of Rs 274 on NSE.

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