Gulf Oil and Piaggio Strengthen Collaboration Until 2030

25 Nov 2024 , 10:52 PM

Gulf Oil Lubricants India Ltd has renewed its exclusive strategic partnership with Piaggio Vehicles Pvt Ltd, extending their collaboration until 2030. The partnership focuses on co-branded lubricants for Piaggio’s small commercial vehicles, covering retail, factory-fill, and export markets.

The agreement was signed by Diego Graffi, Chairman & MD of Piaggio Vehicles, and Ravi Chawla, MD & CEO of Gulf Oil Lubricants India. Since 2020, Gulf and Piaggio have jointly developed high-performance lubricants catering to BS VI and EV vehicles.

Gulf Oil highlighted that the partnership consistently delivers advanced products that enhance vehicle performance and longevity. Ravi Chawla expressed excitement about the renewal, emphasizing Gulf’s mission to offer innovative lubricants for diverse vehicle segments, including traditional and electric vehicles.

With this renewal, Gulf will remain Piaggio India’s exclusive lubricant partner for factory fills, workshops, and retail markets, including exports to select countries. The partnership includes advanced BS-VI oils and new EV fluids tailored to Piaggio’s expanding customer base. Diego Graffi reaffirmed Piaggio’s commitment to quality, stating the long-term partnership supports optimal vehicle performance for customers.