Chevron, HPCL Launch Caltex: Paving the Way for OEM Ties!
October 25, 2023
Chevron’s subsidiary and HPCL debut Caltex lubricants in India, focusing on OEM partnerships. HPCL manages licensing, marketing, manufacturing, and distribution, producing Havoline and Delo lubes. Despite electric vehicle growth, India’s robust 3% CAGR lubricants market continues, aligning with Shell’s aim for India to be the third-largest globally.
