Currently there are 60,000 filling stations in India, sells fuel and lubricants vehicles and also known as petrol bunk or petrol pumps in India. Most of the filling stations in India are owned by Indian Oil Corporation, The largest oil and gas company in India, followed by Hindustan Petroleum and Bharat Petroleum.
How many Indian Oil petrol pumps are currently there in India?
This includes 29,000+ fuel stations (petrol pumps), including over 8,515 Kisan Seva Kendra (KSK) outlets in rural markets, all of them fully automated for quality & quantity assurance.
Which petrol pump is highest in India?
World’s Highest Petrol Pump and Retail Outlet. The Indian Oil Corporation Limited run petrol pump is situated at an altitude of 3,740 metres (12,270 ft) above mean sea level in Kaza, the head quarters of Spiti division of Lahaul And Spiti district of Himachal Pradesh.
How much does a petrol pump owner make in India?
How to Start a Petrol Pump Business? On average, a petrol bunk business owner or dealer earns a profit margin of Rs. 1.2 for every litre of petrol sold, whereas he earns Rs 1.8 for every litre of diesel. So, a petrol pump is a low-margin business, where you can generate good revenue and become profitable.
Which petrol is best in India?
List of Top 6 Best Quality Brands of Petrol Pumps in India
- Indian Oil Corporation Limited (IOCL)
- Bharat Petroleum Corporation Limited (BPCL)
- Hindustan Petroleum Corporation Limited (HPCL)
- Reliance Industries Ltd.(RIL)
- Shell India Private Limited (Shell)
- Essar Oil(Nayara Energy)
Which brand of petrol is best?
Best Petrol & Service Stations
- Puma Energy.
- United Petroleum.
- Coles Express Shell.
- Woolworths Caltex.
Which petrol is best for car?
The higher the octane number is, the more resistant the fuel is to pinging in your engine. For this reason, it’s recommended you fill high-performance cars with higher octane fuels, such as 98 premium unleaded petrol, since these cars are more likely to burn fuel consistently at higher temperatures than regular cars.
Is Shell petrol better?
Their fuel is portrayed to have a higher quality and be better for your car’s engine. Retailers like BP, Shell and Esso sometimes put additives into their fuel to help boost the fuel efficiency of your car. This means that fuel from supermarkets, without these additives, could be costing you more in the long run.
How much money do I need to open a petrol pump?
To start a petrol pump, the applicant must show the ability to invest a minimum of Rs. 25 lakhs in case of regular petrol pumps and Rs. 12 lakhs in case of rural petrol pumps.
Is running a petrol station profitable?
Despite falling oil prices buying a petrol station can still generate healthy profit margins. … Buying a petrol station ranges from roughly $90,000 to as much as $3.5 million, depending on a number of factors, including the location, size and profitability of the business.
What is the most profitable business in India?
2. Most Profitable Businesses In India
- Website Designing. Blogging and digital marketing are some of the most popular options for employment. …
- Interior Designing and Decoration. …
- Real Estate. …
- Building Materials. …
- Wedding Planning. …
- Pharmaceutical Businesses. …
- Travel Agency. …
- Organic Farming.