Top 10 Lubricants Companies in India | Manufacturers 2025

Q: What is the projected growth rate of the India Lubricants Market?

The India Lubricants Market is expected to grow steadily, exhibiting a CAGR of 9.7% between 2025 and 2031.

Q: What are the major factors contributing to this growth?

Growth is driven by increasing demand in automotive and industrial sectors, rising adoption of synthetic lubricants, and expanding rural and urban consumption.

Q: Who are the top players in the India Lubricants Market?

Key companies include Indian Oil (Servo), BPCL (MAK), Castrol India, and Gulf Oil among others.

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6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

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Code: MTA8075

Publication Date: Aug 2025

Top 10 Lubricants Companies in India

According to 6Wresearch internal database and industry insights, the India Lubricants Market is expected to grow in the upcoming years, expanding at a steady growth rate (CAGR) of 9.7% during the forecast period (2025-2031).

This expansion is spurred by increasing industrialization, rising vehicle ownership, and the demand for high-performance lubricants across automotive, manufacturing, and energy sectors. In addition, evolving customer preferences toward synthetic and eco-friendly lubricants, and government initiatives endorsing quality standards are further accelerating market demand.

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This report emphasizes the Top 10 Lubricants Companies in India, as acknowledged through widespread analysis conducted by 6Wresearch internal database. Directed by in-depth market evaluation and industry experts, these leading companies have been known as the primary leaders driving growth and innovation in the India Lubricants Industry.

List of Leading Companies in the India Lubricants Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Shell India Markets Private Limited

Company Name	Shell India Markets Private Limited
Establishment Year	1996
Headquarters	Bengaluru, Karnataka, India
Official Website	Click Here

Shell India is known for its advanced synthetic lubricants and commitment to innovation, sustainability, and fuel efficiency across passenger and commercial vehicle markets.

2. Indian Oil Corporation Ltd (Servo Lubricants)

Company Name	Indian Oil Corporation Ltd (Servo Lubricants)
Establishment Year	1959
Headquarters	New Delhi, India
Official Website	Click Here

Indian Oil's Servo brand is one of the most trusted lubricants in India, serving diverse automotive and industrial applications through one of the largest distribution networks in the country.

3. Bharat Petroleum Corporation Limited (MAK Lubricants)

Company Name	Bharat Petroleum Corporation Limited (MAK Lubricants)
Establishment Year	1952
Headquarters	Mumbai, Maharashtra, India
Official Website	Click Here

BPCL's MAK Lubricants offer high-quality solutions for automobiles, marine, agriculture, and heavy industries, with a strong focus on performance and customer trust.

4. Hindustan Petroleum Corporation Limited (HP Lubricants)

Company Name	Hindustan Petroleum Corporation Limited (HP Lubricants)
Establishment Year	1974
Headquarters	Mumbai, Maharashtra, India
Official Website	Click Here

HP Lubricants is among India's largest lubricant marketers, offering products for two-wheelers, four-wheelers, and industrial machinery, with a focus on innovation and efficiency.

5. Castrol India Limited

Company Name	Castrol India Limited
Establishment Year	1910
Headquarters	Mumbai, Maharashtra, India
Official Website	Click Here

Castrol India, a subsidiary of BP Group, is a leading premium lubricant brand known for cutting-edge technology, strong consumer trust, and leadership in automotive and industrial lubrication.

6. Tide Water Oil Co. (India) Ltd (Veedol)

Company Name	Tide Water Oil Co. (India) Ltd (Veedol)
Establishment Year	1921
Headquarters	Kolkata, West Bengal, India
Official Website	Click Here

Tide Water Oil's Veedol brand is a heritage name in Indian lubricants, offering a wide range of solutions for modern automotive engines and industrial machinery.

7. Gulf Oil Lubricants India Ltd

Company Name	Gulf Oil Lubricants India Ltd
Establishment Year	2008
Headquarters	Mumbai, Maharashtra, India
Official Website	Click Here

Part of the Hinduja Group, Gulf Oil has built a strong presence in high-performance automotive lubricants and is also a trusted partner for infrastructure and agriculture applications.

8. Valvoline Cummins Private Limited

Company Name	Valvoline Cummins Private Limited
Establishment Year	1998
Headquarters	Gurugram, Haryana, India
Official Website	Click Here

Valvoline India delivers a wide portfolio of engine oils and greases with American technology, serving commercial transportation, passenger vehicles, and industrial applications.

9. TotalEnergies Marketing India Private Ltd

Company Name	TotalEnergies Marketing India Private Ltd
Establishment Year	1993
Headquarters	Mumbai, Maharashtra, India
Official Website	Click Here

TotalEnergies provides technologically advanced lubricants for cars, bikes, trucks, and industrial needs in India, with a strong focus on sustainability and clean energy.

10. ExxonMobil Lubricants Pvt Ltd

Company Name	ExxonMobil Lubricants Pvt Ltd
Establishment Year	1996
Headquarters	Bengaluru, Karnataka, India
Official Website	Click Here

ExxonMobil markets its Mobil-branded lubricants in India, offering premium synthetic and mineral-based lubricants designed for high-performance automotive and industrial applications.