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Two and three-wheeler manufacturer TVS Motor Company has strengthened its partnership with PETRONAS Lubricants International, reaffirming the shared commitment of both companies to promoting motorsports in the country. As part of the alliance with TVS Motor, PETRONAS Lubricants International will continue to be the title sponsor for TVS Racing, the factory racing team, for the next three years. PETRONAS Lubricants India has been the title sponsor of TVS Racing during the 2022-23 season. The partnership includes supporting the racing team's participation in the Indian National Supercross Championship, Indian National Rally Championship, and Indian National Motorcycle Racing Championship. "TVS Racing is a pioneer in motorsports in India and has consistently achieved a win rate of over 80 per cent across multiple racing formats. For over four decades, TVS Racing has played a pivotal role in democratising motorsports in India and nurturing world-class talent," said Vimal Sumbly, Head o
Petronas Lubricants International looks to capture 4% of the India's total lubricants markets in the next five years time, the company's top management said on Thursday. The company will also look to use India as its hub to export products to neighboring countries like Nepal and Sri Lanka."The facility at Maharashtra will be complete by December 2017 and will start production in the first quarter of 2018," said Guiseppe Pedretti, group chief commercial officer, Petronas Lubricants International SDN BHD.Petronas Lubricants is setting up a lubricant blending plant in Maharashtra Industrial Development Corporation (MIDC), Patalganga for an investment of close to $50 million and 110 million litres of lubricants capacity.The company also looks to use India as an export hub for sale to neighboring countries like Nepal, Myanmar and Sri Lanka once the Maharashtra facility starts production. The company already has a small presence in these markets.Petronas Lubricants target to capture 4% of ..