Indian Oil ties up with Dabur to provide seamless logistics framework

24 Feb 2022 , 03:50 PM

Indian Oil will leverage its cooking gas distributors to deliver Dabur India’s consumer products to the homes of around 140 million cooking gas customers.

Indian Oil stated that its cooking gas distributors will act as retail business partners of Dabur to ensure seamless delivery of Dabur India’s products directly to the cooking gas customers. The two firms are carrying out a technological and system integration.

Indian Oil has an exquisite army of 12,750 Indane distributors and have more than 90,000 delivery personnel, serving 14.30 crore households around the country. This tie-up between the two companies will ease the buying for customers.

With a drastic change in markets post pandemic, and significant improvement in e-commerce industries, need for a better logistics framework has necessitated for a better reach to their customers.

IOCL ended at par with the broader index at Rs110, down by Rs7.15 or 6.10% against its previous closing price of Rs117.15. It touched the day’s high and low of Rs116.25 and Rs109.45 respectively. While Dabur India also dipped around 2% in today’s trade.