Jindal Stainless, one of India’s leading stainless steel manufacturer, and Indian Oil Corporation Limited (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years. The renewed agreement continues the companies’ long-standing association while strengthening their technical and supply collaboration. The agreement was formally signed at Jindal Stainless’ Hisar unit. Present were Hemant Rathore, Executive Director, Northern Region & State Head, DSO, Indian Oil, and Vijay Bindlish, Unit Head – Hisar, Jindal Stainless.
Focus on Quality and Technical Collaboration
Abhyuday Jindal, Managing Director, Jindal Stainless, 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.” The renewed agreement will enable both organisations to build on their existing technical collaboration and respond more effectively to evolving industrial requirements.
Indian Oil Strengthens Energy and Lubricants Support
Hemant Rathore, Executive Director, Northern Region & State Head, DSO, Indian Oil, highlighted, “IOCL 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 five years marks an important milestone in this enduring partnership.” In addition to lubricants, Indian Oil supplies Jindal Stainless with LDO, HSD, LSHS and Propane, further expanding the scope of their energy partnership. Rathore added that the collaboration, built on mutual trust, reliability and shared objectives, creates value for both organisations. Indian Oil will continue supporting Jindal Stainless with dependable energy supplies and SERVO® lubricants for demanding industrial applications.
Supporting Manufacturing Reliability
The renewed partnership strengthens the companies’ broader engagement across industrial lubricants and energy supplies. As manufacturing operations increasingly focus on equipment reliability, operational efficiency and uninterrupted production, dependable lubrication and energy solutions remain essential. As per the press release, the five-year extension reinforces Jindal Stainless and Indian Oil’s commitment to reliable supply, technical cooperation and long-term industrial support as manufacturing requirements continue to evolve.
