State-run IOCL and Rosneft-backed Nayara together control over one-third of India’s fuel outlets, leading rural and semi-urban transport fuel distribution.
The state-run Indian Oil Corporation (IOCL) and Rosneft-backed Nayara Energy are the only two oil marketing companies (OMCs) in India with a significant rural presence; together, they account for over one-third of the country's entire transport fuel retailing network within the India petrol pump network, making them among the leading petrol pump companies in India.
Read full news here: https://bizfortune.com/2025/12/business-fortune-iocl-nayara-india-fuel-retail-crosses-1-lakh-pumps
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