Gulf Oil Lubricants India Limited (Gulf Oil) and Piaggio Vehicles Pvt. Ltd. (Piaggio India) have extended their exclusive partnership for the supply and marketing of high-performance lubricants for commercial vehicles. The agreement, renewed until 2030, reinforces their shared commitment to innovation, with a focus on enhancing vehicle efficiency and developing advanced lubricant technology tailored to the evolving needs of Piaggio’s BS VI and electric vehicle (EV) segments.
This partnership, which began in 2020, enables Gulf Oil to remain Piaggio India’s exclusive lubricant partner for factory fill, workshop, and retail requirements in India and selected international markets. With the rising demand for EVs and advancements in commercial vehicles, Gulf Oil will continue providing a comprehensive range of lubricants, including specialized EV fluids, to support Piaggio India’s operations.
Ravi Chawla, MD & CEO of Gulf Oil, highlighted the partnership’s alignment with India’s growing commercial vehicle market, driven by infrastructure development and increased focus on electric mobility. Similarly, Diego Graffi, Chairman & MD of Piaggio India, emphasized Gulf Oil’s investments in EV solutions as complementary to Piaggio’s efforts in lightweight commercial and three-wheeler EVs, ensuring both companies remain at the forefront of innovation.
