Ahmedabad: GP Petroleum Limited (GPPL) Indian, an automobile and industrial company Lubricants, which belongs to the UAE-based GP Global Group, plans to invest Rs. 10. crore investment in a new state-of-the-art plant in Saronda, Gujarat.

The plant will process more than 30000000000 kilograms of lubricants enabling the company to enter the entire lubricants industry in India. market. This will be GPPLL India’s second blending plant. In a statement, the company said that apart from the locally produced IPOL apart from the brand, the company may also have various automotive products under the REPSOL brand.

Sudip Shyam, Head of Sudip, GP Global Group He said that the new plant is part of the company’s global growth strategy to produce and sell 500 million liters of lubricants globally through organic and inorganic routes.

“The new plant will accelerate our engine growth which will be driven by the automobile industry in tier II and tier III cities. We already work with 5,000 locations in India Many distributors have already established strong partnerships that will be further strengthened in the coming days. ” Prashanth Achar, CEO, GPPL.

“India has an impact on GP Global It is a very important market and we are confident of capturing a higher market share in the automotive and industrial segments in the coming years,” added Shyam.