TOP1 enters Indian lube market

U.S.-based TOP1 Oil has partnered with Lucas Indian Service to distribute its line of lubricants in the Indian market. “We see huge potential in the Indian lubricant market which today is worth  Rs 25,000 crore [US$5.6 billion] . Of this, over Rs 2,000 crore [US$449.3 million] is for high quality synthetic and semi-synthetic oil segment, the market which we are targeting in India,” Vice President  for Sales & Marketing Frank Ryan said in a recent interview. (June 7, 2011)