Tata Motors and Malaysian oil and gas company Petronas International have tied up to launch an oil for the passenger vehicles range for the Indian market. Tata Motors Genuine Oil (TMGO) will be the first range of co-branded lubricants jointly developed by the companies.
At the moment, Tata Motors and Petronas Lubricants will offer two lubricants. Tata Motors Genuine Oil CH-4 15W-40 for diesel vehicles and Tata Motors Genuine Gear Oil 80EP for petrol vehicles. These two oils will make part of a range of nine products that will be rolled out in a phased manner by the venture.
MP Singh, Chief Executive Officer, Petronas Lubricants India said, "PLIPL has recorded steady volume growth at 40 per cent CAGR and is aiming to capture 5 per cent total market share by 2019. PLI in India is now entering the next wave of growth in line with our aspirations and we are confident that the coming together of Tata Motors, a highly-respected leader in automotive engineering, together with PLI will help us better our position in this market as a leading provider of premium lubricants.”
Dinesh Bhasin, Head, Customer Support, Passenger Vehicle Business Unit, Tata Motors said, "We will continue to provide our customers with the best lubricant technology expertise and support in today's competitive market place. We are happy to have partnered with Petronas in developing this range for our vehicles.”
Petronas had previously tied up with Maruti Suzuki and developed a customized Syntium 3000 SZ MGDO 5W40 lubricant for their diesel vehicles. These new oil products will be available at the Petronas distributor network of over 3,500 outlets, across India today and will be rolled out gradually in 2016.