Total Oil India, a part of the French oil & gas giant Total, on Wednesday launched an automotive lubricant ‘Total Hi-Perf’ for the motorcycle segment.
"With an increasing demand for greater mobility along with rising disposable income, there is significant growth opportunity for two-wheeler segment in this market, which recently surpassed China to become the largest two-wheeler market in the world. We see tremendous potential in India," Total Oil India Chairman and MD Dilip Vaswani said while launching the product here.He also said, the company is looking at growing fast and hopes to capture 10 per cent market share in the next five years in the two-wheeler lubes space in the country.
The price range of Total Hi-Perf varies from Rs 250 to Rs 750 a litre, the company said.
"Hi-Perf, our newest range of high performing motorcycle engine oil is fully equipped to meet everyday challenges and provide a joyful riding experience by shielding the bikes engine from daily wear and tear, thereby increasing engine life, amplifying fuel efficiency and keeping the engine clean," Karoly Repas, Senior Vice President – Sales, Marketing and Technical of Total Oil India Pvt Ltd’s lubricant division, said.
Totals lubricants division has pan-India network of over 31 depots, 297 distributors and over 40,000 dealers.
Total Oil India started its operations in 1993 and a has growing presence in a slew of businesses such as lubricants for automotive and industrial applications, LPG for domestic and commercial applications, modified bitumen products and special fluids managed through a team of over 600 employees.
(Reported by Priyabrat Biswal)