Looking For Engine Oil Retailer in India

About Company

Boomlubricant is serving in Pune, Hadapsar, Wagholi, Kharadi, Vadgaon Sheri,Kondhwa & Katraj since 2019. We are one of the trusted Brand of Pune,India. We believes in quality service in time. We understand the value of Service and time. Boomlubricant started Engine Oil service with one vision that every people get better service in short time. We have complete range of product and service.

Without an engine oil the entire vehicle couldn´t work. It has thereby a variety of tasks in the motor: lubrication, wear and corrosion protection, cooling et al. However, engine oil is not always only one engine oil, it varies in it´s composition. The engine of your car can thus need a mineral oil (base oil derived from petroleum directly), semi-synthetic oil (blend of mineral oil and synthetic oil) or fully synthetic oil (synthetically produced oil).

MISSION & VISION

Mission:– Our absolute mission and relentless goal is to supply our customers with superior lubrication products at competitive prices

Vision:– To become the market leader in Lubricants industry with excellence on the global platform.

Last trends in the Economy of India

The Indian economy is growing in the recent years. According to data from the International Monetary Fund, today it’s the fastest growing economy and the seventh largest economy in the world. Among the most developed sectors we find in addition to mining (in India 80% of the extraction concerns the production of coal) is also the food processing sector, which is enjoying success, thanks also to economic incentives provided by the Indian Government.

Import

In 2018, Indian imports reached 421 billion euro, realizing a significant growth, as shown in the chart below. Raw materials, including energy raw materials, ores, raw wood, etc. excel with 37% of the total import. Follow then, with 21%, from industrial raw materials (steel, copper, aluminum etc.).

Export

As for exports, in 2018, 280.5 billion euro were reached, with a growth that should exceed 350 billion by 2021. Goods exported in India represent 3% of national production and in comparison of 2014, with 4.4% a slight decrease is reported. The main sectors, as shown in the graph, are those of fuels (14.9%), precious metals (12.4%), machinery (6.3%) etc.

THE FOOD PROCESSING SECTOR

The growth and liberalization of the food processing sector has made the Indian market even more attractive for foreign entrepreneurs. India is the second largest food producer in the world after China, but the waste along the chain that leads to the consumer is around 40% (about 10 million dollars). The causes are mainly due to the inadequacy of the infrastructures.

In the last 15 years, the sector obtained investments of around 6.2 billion euros and is estimated to reach 30 billion over the next 10 years, while in the last 5, the sector has grown by 9%. The agricultural sector is one of the largest in the world, just think that its production constitutes 8% of the world one.

These factors combine to create great demand for machinery for food processing. In this context, Italian and European companies certainly have the opportunity to satisfy this demand and acquire a decisive role. In recent years there has been an increase of 17% in the export of Indian food production machinery to India, placing the “beautiful country” in second place, behind China. Furthermore, the Central Bank classifies the sector as a “priority sector lending”, encouraging the provision of loans to companies (including foreign ones) operating in the sector.

India

Looking For Engine Oil Retailer in India

About Company Boomlubricant is serving in Pune, Hadapsar, Wagholi, Kharadi, Vadgaon Sheri,Kondhwa & Katraj since 2019. We are one of the trusted Brand of Pune,India. We believes in quality service ...
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Last trends in the Economy of India

The Indian economy is growing in the recent years. According to data from the International Monetary Fund, today it’s the fastest growing economy and the seventh largest economy in the ...
Read More