Indian Oil Company Limited (IndianOil) is India’s largest commercial enterprise headquartered in Delhi, with a gross sales turnover of Rs. 4,50,756 crore (US$ seventy three.7 billion) and earnings of Rs. 5,273 crore for the year 2014-15. Additionally it is the main Indian corporate in Fortune’s prestigious ‘International 500’ itemizing of the world’s largest corporates, ranked on the 119th position for the 12 months 2015.
As India’s flagship nationwide oil company, with a 33,000-robust work-pressure at present, IndianOil has been meeting India’s vitality demands for over half a century. With a corporate imaginative and prescient to be ‘The Energy of India’ and to grow to be ‘A globally admired company,’ IndianOil’s enterprise interests straddle the whole hydrocarbon worth-chain – from refining, pipeline transportation and marketing of petroleum merchandise to exploration & production of crude oil & fuel, marketing of natural gas and petrochemicals, moreover forays into alternative vitality and globalisation of downstream operations.
Having set up subsidiaries in Sri Lanka, Mauritius and the UAE, the Corporation is concurrently scouting for brand new business alternatives in the vitality markets of Asia and Africa. It has additionally formed about 20 joint ventures with reputed business partners from India and abroad to pursue numerous enterprise pursuits.
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