Eight years after they collaborated to create hydrocarbons in India, Reliance Industries Ltd and British oil major BP Plc have met up again to open an across the nation system of fuel retailing outlets. The outlets will be set up through another joint endeavor organization that will be claimed 51 percent by RIL and the rest of BP, as indicated by a joint proclamation issued by the companies. The partnership will also market aviation turbine fuel to take into India’s developing aviation industry. Together, the companies intend to set up 5,500 fuel retail stations across the country, which may incorporate the 1,378 retail outlets RIL freely keeps running across India at present. Signage companies engaging in branding and fabrication jobs of petrol pump outlets will get a new business opportunity with Reliance and BP’s plan of setting up 5500 petrol pumps.
Reliance and BP plan for setting up 5500 petrol pump outlets in five years
- Post author:SignNews
- Post published:April 3, 2020
- Post category:New Business Opportunity
- Post comments:0 Comments
