Indian Oil Corp inks pact with 3M for auto care centres

Auto care centres, to be established at IOCL outlets, will not only provide car/bike detailing services but would also sell vehicle care products

Officials of IOCL & 3M India sign the MoU
Officials of IOCL & 3M India sign the MoU
BS B2B Bureau New Delhi
Last Updated : Mar 19 2016 | 10:16 AM IST
Indian Oil Corporation Ltd (IOCL) has signed an agreement with 3M India Ltd for setting up 3M auto care centres at Indian Oil retail outlets (ROs). 3M is a US-based multinational company in the top 100 of Fortune 500 list of companies and has a diversified range of products from adhesives & laminates to car and bike detailing services.
 
“In our relentless efforts to provide value added services to customers, the auto care centres will not only provide car/bike detailing services but would also sell vehicle care products such as sun films, polish, wax, car shampoo, treatment for the exterior, interior and under-chassis rust protection, among other products and services,” said IOCL in a press release.
 
The auto care centres will be operated by the franchisee appointed by 3M India Ltd, which plans to establish 25 such centres during 2016-17 on pan India basis. “This partnership is a significant step in further improving vehicle care facilities/services at our ROs and the brand synergy of these two Fortune 100 companies will definitely help in winning the loyalty of existing clientele and fetching new customers,” added the release.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 19 2016 | 10:11 AM IST

Next Story