Regional Market Drivers in India

India-Truck-Fuel

India is one of the fastest-growing economies in the world, and its relevance to the global engine oil lubricant market is following suit. Similar to many countries advancing in this regard, India is making a transition to lubricants that provide enhanced benefits. The evolution is being supported by India’s Bharat Stage (BS) emissions standards requiring new vehicles to meet increasingly strict emissions goals. BS III (Euro 3 comparable) is the existing minimum standard for new vehicle sales, though many cities have already adopted BS IV (Euro 4 level)—a move that will become national by 1st April 2017. With this move, BS III will cease to exist.

Also, with the recent news of BS VI norms being applied in 2020, a huge rate of hardware development will be required with respect to introduction of after-treatment device technology. These advances, will lead to the need for higher performing lubricants, including the use of low sulphated ash, phosphorus and sulphur (SAPS) lubricants as these will be needed to maintain durability in new hardware.

India-Traffic

These advances, will lead to the need for higher performing lubricants, including the use of low sulphated ash, phosphorus and sulphur (SAPS) lubricants as these will be needed to maintain durability in new hardware. For the Indian engine oil market, all these changes are driving the adoption of higher performing lubricants which support lower emission, more fuel efficient new vehicles.

Let’s also keep in mind the significant volume of existing, older trucks already on the roads, conforming to the earlier BS II and India 2000 standards. Whilst the lubricant requirements stated by OEMs may now be regarded as fit for purpose at that time, the subsequent evolution of additive technologies means that moving to higher performance, extended durability lubricants is also equally applicable and readily available for all of these vehicles too.

These enhanced lubricants offer increasing levels of benefits such as increased wear control, soot handling, piston deposit control, corrosion control, oxidation control and fuel economy improvements. And the larger the move up to higher performance solutions, the bigger the potential benefit. All these equal a higher performance lubricant that helps maximize vehicle operation whilst minimizing running and maintenance costs for truck owners for the life of their vehicles.

The opportunity to use higher performance lubricants is here now, and offers real advantages to the vehicle owner. It’s all indicative of the global incentive to move to higher value solutions, and why all players have a stake as our industry evolves toward increasingly higher performance in all areas.

Share This Article

Print to PDF

Print Friendly, PDF & Email

Related Posts