Savita Oil Technologies to continue to manufacture and supply engine oils for Swaraj tractor range.
Savita Oil Technologies, which is one of the major players in auto and industrial lubricants sector, has renewed its agreement with Mahindra Group’s Swaraj Tractors to manufacture and supply company branded engine oils for the Swaraj tractor range.
Savita Oil Technologies will also continue to supply Swaraj Genuine oils for their authorized service stations and Swaraj company branded oil with SAVSOL brand for the market. Savita Oil Technologies has been in the business of manufacturing lubricants for over 58-years and has a current turnover over Rs. 2,250 Crores. The company has a sales volume in excess of 3,40,000 KL, and it is the market leader in Transformer Oil and White Oils.
Commenting on the development, Hemant Sikka President & Chief Purchase Officer, Powerol & Spares Business, Mahindra & Mahindra Limited said, “We are pleased to join hands with Savita an Indian company and our existing business partner for Swaraj Division. Both the companies have core strength in their respective fields. Our objective is to meet the customers’ need to use the recommended engine oils by OEMs.”
Sunil Aima, Chief Executive Officer - Lubricants, Savita Oil Technologies Limited said, “Our relationship with Swaraj Tractors is now 8 years old. We are delighted to continue our business with Swaraj Tractors and the Mahindra Group, to manufacture and supply genuine, company branded engine oils. This is a reaffirmation of high-quality standards that we adhere to, across all our product lines. This partnership bears testimony to our commitment towards quality, technological advancement and heightened customer engagement. I am confident that this will create right value for all stakeholders.”