Ahmedabad Wealth Management:Indian Oil Logo
Since its inception in 1959, Indian Oil Corporation Limited (IOCL), known as IndianOil, has played a key role in shaping India’s energy world.Ahmedabad Wealth Management
Indian Refineries LtdAhmedabad Stock. and Indian Oil Company Ltd., established in 1958 and 1959, merged to form Indian Oil with the common goal of developing and efficiently utilizing India’s petroleum resources.Jaipur Stock
Indian Oil experienced rapid growth in its early years, with the first refinery built in 1962 at Guwahati, followed by the commissioning of new refineries at Barauni and Koyali.
In the 1970s, in response to India’s growing energy needs, Indian Oil began aggressive growth and diversificationLucknow Investment. The company expanded its refining capacity, ventured into petrochemical production, established a nationwide marketing network, and consolidated its position as a key player in India’s energy sector.
Indian Oil has achieved a number of significant milestones, including refining 30 million tons of crude oil in a year and becoming India’s largest consumer of natural gas.
Indore Stock