IndianOil Company Limited gets recognized as India’s Iconic Brand by The Brand Story at the Indian Brand and Leadership Conclave 2023 for being India’s highest-ranked energy PSU and “The Energy of India.”
IndianOil - The Energy of India Awarded as India’s Iconic Brand
ADVERTISEMENT
India’s economic growth has been more resilient and durable in recent times because of the exceptional work done by businesses that are dedicated to building better. These brands play a significant role in supporting a happier and cohesive society that further offers fulfilling employment to many people and also trains the country’s population for leading a good life. The Brand Story works relentlessly to acknowledge and promote these businesses by recognizing and promoting their work. In its latest edition of the Indian Brand and Leadership Conclave 2023, The Brand Story celebrated businesses doing impeccable work in their line of fields and making the people associated with these businesses and eventually the country grow.
IndianOil - The Energy of India was recognized as India’s Iconic Brand at the Indian Brand and Leadership Conclave 2023. IndianOil is a diversified and integrated energy major with a presence in almost all streams of oil, gas, petrochemicals, and alternative energy sources. It is an organization that is made and run by a high-caliber team that makes the most out of state-of-the-art technologies, cutting-edge R&D, quality consciousness, transparency, and a world of best practices. IndianOil makes sure that energy gets used responsibly and is also delivered to the customers affordably.
IndianOil’s journey began with the merger of Indian Oil Company Ltd. and Indian Refineries Ltd. in 1964 after which it has been guided by core values such as Care, Passion, Innovation, and Trust. These core values form the collective conscience of IndianOil and its people while steering the company towards being the Energy of India and a globally admired brand. As a business, IndianOil has always ensured that the company’s vision and values converge. It aspires to be the Energy of India and become a globally admired company. While the company steps into an era of transformation, it continues to widen its horizons, expand across new vistas, and infuse new-age dynamism among employees.
IndianOil is India’s flagship Maharatna national oil company with business interests across the entire hydrocarbon value chain including refining, pipeline transportation, and marketing to exploration and production of crude oil and gas, gas marketing, petrochemicals, alternative energy sources, and globalization of downstream operations. It has global aspirations fulfilled to an extent by the formation of subsidiaries in Sri Lanka, USA, the UAE, Mauritius, Sweden, Singapore and the Netherlands. It is pursuing wide business interests with setting over 27 joint ventures with reputed business partners from India and abroad to explore global opportunities.
During the year 2022-23, IndianOil displayed extraordinary performance in the face of significant challenges. Amid the volatility of the global energy sector, IndianOil stood as a beacon of resilience, fuelling the nation’s progress with unwavering dedication. It achieved the best-ever operational performance, delivered on expectations, and set new industry benchmarks. Simultaneously, considering the evolving energy dynamics, IndianOil also developed a robust transition plan. The commitment towards achieving Net-Zero operational emissions by 2046, targeting Scope 1 and Scope 2 emissions, reflects the Company’s dedication to shaping a greener future while ensuring a balanced energy transition.
One of the largest customer interfaces brands in India, IndianOil reaches petroleum fuels to almost every nook of the country with a network of around 60, 000 plus customer touch-points while overcoming the challenges of rough terrains, climate, and accessibility. Further, it has a marketing network bolstered by over 70.05 MMTPA of Refining Capacity and more than 17, 000 KM of cross-country pipelines. IndiaOil’s R&D Centre at Faridabad is one of Asia’s finest in downstream petroleum R&D and it offers a competitive edge to the Corporation through world-class technology, process solutions, and innovative products.
IndianOil R&D also has been instrumental in pioneering path-breaking research to leverage the potential of Hydrogen and other fuels for the sustainable progress of the country. As a socially responsible brand, IndianOil has successfully combined the corporate social responsibility agenda with its business offerings and has also been partnering with communities in which it operates by supporting many initiatives connected with health, family welfare, environment protection, sanitation, empowerment of women, and other marginalized groups.
The Brand Story acknowledges the impeccable work done by IndianOil in taking India ahead in the field of energy. Dr Abhay Kaushik, Director and Editor In Chief, The Brand Story said, “IndianOil’s commitment to providing the best to its customers, stakeholders, partners, and associates is absolutely noteworthy. With its wide-ranged business, the company has been transforming relentlessly to be a socially responsible and sustainable energy company at each step. IndiaOil is taking India ahead with its services and it deserves all the recognition possible. The Brand Story is proud to award IndianOil with Indian’s Iconic Brand award.”
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
