New Delhi: Jindal Stainless, India’s leading stainless steel manufacturer, and Indian Oil Corporation Limited (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for a further period of five years, continuing their long-standing association and strengthening collaboration between the two organisations.
A formal agreement signing ceremony was organised at the Company’s Hisar unit. The ceremony was graced by Executive Director, Northern Region & State Head, DSO, Indian Oil, Mr Hemant Rathore, and Unit Head – Hisar, Jindal Stainless, Vijay Bindlish.
Managing Director, Jindal Stainless, Abhyuday Jindal, said, “Our long-standing association with Indian Oil reflects the value of sustained collaboration between two organisations with a shared focus on quality, reliability and technical excellence. The renewal of this arrangement for another five years reinforces this relationship and provides an opportunity to deepen our engagement further. We look forward to continuing our collaboration with Indian Oil and exploring new avenues of technical cooperation as industry needs evolve.”
Executive Director, Northern Region & State Head, DSO, Hemant Rathore said, “Indian Oil Corporation Limited and Jindal Stainless Limited share a long-standing and valued relationship, encompassing a wide range of lubricant and fuel requirements. The renewal of the Consumer’s Operated Lube Depot’s (COLD) agreement for another 5 years marks an important milestone in this enduring partnership. In addition to lubricants, Indian Oil also caters to Jindal Stainless’ energy requirements through supplies of LDO, HSD, LSHS and Propane, further reflecting the breadth and depth of the association between the two organizations. We believe that such collaboration, built on mutual trust, reliability and shared objectives, steers a true win-win proposition for both organizations. We look forward to further strengthening our association with Jindal Stainless and supporting its growth through dependable energy and high-end SERVO® lubricants for all its challenging applications.”
The renewed partnership builds on the organisations’ broader engagement across lubricants and energy supplies. With industrial operations increasingly focused on equipment reliability, operational efficiency and performance, dependable lubrication and energy solutions play an important role in supporting manufacturing continuity. The extended arrangement reinforces the two organisations’ commitment to sustained technical collaboration and reliable supply solutions as industry requirements continue to evolve.
