Shell India eyes a 13% market share

ShellShell India Markets Pvt Ltd is surely getting aggressive in nature by the day on the back of factors like the rising demand in the Indian market. In fact, the company has recently said that it is eyeing around 13 percent market share in the Indian lubricant market from the present 6-7 percent.

It is to be mentioned here that Shell India Markets Pvt Ltd is 100 percent subsidiary of global oil major Shell which manufactures close to 3,000 varieties of lubricants globally. Donald Anderson, Country Head, Lubricants, Shell India Markets, said that the company is looking at a double digit market share.

However, Anderson also mentioned the fact that is the company needs to reach its target in the near future then it needs to increase supplies through various option, either by adding capacity to its Taloja plant or by sourcing supplies from its plants in neighbouring countries.

Whatever be the final call of the company, the fact of the matter is that the Indian market is one of the favoured destinations by the global lubricant manufacturers and with Shell being the global market leader the high level of optimism is more than justified.