Gulf Oil Lubricants India Announces Strategic Partnerships with ACE, Ammann, and XCMG
Gulf Oil Lubricants India Ltd announced strategic partnerships with ACE, Ammann India, and XCMG to strengthen its infrastructure segment position. Gulf becomes Ammann's official lubricants partner, accessing their 60%+ market share in asphalt mixing plants, while expanding its ACE relationship with new products for multiple equipment categories. The XCMG partnership brings branded lubricants to India, supporting Gulf's 15-year infrastructure focus and over 50 OEM associations across sectors.

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Gulf Oil Lubricants India Ltd has announced strategic partnerships with three construction equipment manufacturers to strengthen its position in the infrastructure segment. The collaborations with ACE (Action Construction Equipment), Ammann India, and XCMG will see Gulf Oil supplying OEM-branded lubricants to these manufacturers.
Partnership Details
The three strategic partnerships offer distinct opportunities for Gulf Oil's expansion in the construction equipment sector:
| Partner | Partnership Type | Key Benefits |
|---|---|---|
| Ammann India | Official lubricants partner | Access to 60%+ market share in asphalt mixing plants |
| ACE | Expanded relationship | New products for multiple equipment categories |
| XCMG | Brand partnership | XCMG-branded genuine lubricants for Indian market |
Ammann India Collaboration
Under the Ammann partnership, Gulf becomes the official lubricants partner for the road construction equipment maker, which holds over 60.00% market share in asphalt mixing plants. The companies will jointly develop specialised formulations for Ammann's upcoming equipment, focusing on application-specific solutions.
ACE Partnership Expansion
Gulf has expanded its existing relationship with ACE by introducing new products for the manufacturer's diverse equipment portfolio. The enhanced partnership covers:
- Cranes and backhoe loaders
- Compactors and motor graders
- Forklifts and tractors
- Harvesters and related equipment
XCMG Market Entry
The XCMG partnership will bring XCMG-branded genuine lubricants to the Indian market, expanding Gulf Oil's reach in the construction equipment segment.
Strategic Focus and Market Position
Managing Director and CEO Ravi Chawla said infrastructure has been a strategic focus for Gulf for over 15 years. The partnerships aim to deliver application-specific solutions that improve equipment reliability and reduce downtime for customers.
Gulf Oil currently maintains over 50 OEM associations across automotive, industrial and construction sectors. The company, part of the Hinduja Group, operates manufacturing and R&D facilities in Silvassa and Chennai, and exports to over 25 countries.
Product Innovation
Alongside these partnerships, Gulf has launched a new lubricant range including fire-resistant hydraulic oil and energy-efficient formulations designed for Indian operating conditions.
Market Performance
On Monday, the shares of Gulf Oil Lubricants India Ltd ended on the NSE at ₹1,097.00 apiece, down ₹17.50 or 1.57%.
Historical Stock Returns for Oil India
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.86% | +3.75% | +8.49% | -2.39% | -7.43% | +469.45% |
















































