Jindal Stainless Ltd and Indian Oil Corporation Ltd (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for another five years, extending their long-standing collaboration in lubricants and energy supplies.
The renewed agreement was signed at Jindal Stainless’ Hisar unit. The partnership is aimed at strengthening supply reliability and technical cooperation as the company continues to focus on equipment performance and operational efficiency.
Partnership expands technical cooperation
“The renewal of this arrangement for another five years reinforces this relationship and provides an opportunity to deepen our engagement further. We look forward to exploring new avenues of technical cooperation as industry needs evolve,” Jindal Stainless, Managing Director, Abhyuday Jindal, said.
IOCL Executive Director, Northern Region & State Head, DSO, Hemant Rathore, said the renewal of the Consumer’s Operated Lube Depot (COLD) agreement for another five years marked an important milestone in the partnership.
IOCL supplies lubricants and energy
“In addition to lubricants, Indian Oil also caters to Jindal Stainless’ energy requirements through supplies of LDO, HSD, LSHS and Propane, further reflecting the breadth and depth of the association between the two organisations,” Rathore said.
“We look forward to further strengthening our association with Jindal Stainless and supporting its growth through dependable energy and high-end SERVO lubricants for all its challenging applications,” he said.
Focus on manufacturing reliability
The extended partnership builds on the two organisations’ broader engagement across lubricants and industrial energy supplies. Reliable lubrication and energy solutions are increasingly important for maintaining equipment reliability, operational efficiency and manufacturing continuity.
The renewed arrangement reinforces the companies’ commitment to sustained technical collaboration and dependable supply solutions as industrial requirements continue to evolve.