Daewoo Lubricants' Expansion Plans in the Indian Market
In this video interview, Vineet Singh, Director, Strategy and Growth, Daewoo Lubricants (India) outlines the company's roadmap to capture a 2% market share by FY26 with its range of highly advanced and localised products.
On April 29, Korea's Daewoo partnered India's Mangali Industries to foray into the area of automotive lubricants in India. Daewoo Lubricants showcased its range of highly-advanced and localised products catering to a variety of vehicle segments in the country.
In this video, Vineet Singh, Director, Strategy and Growth, Daewoo Lubricants (India) outlines the company's roadmap to achieve 2% market share by FY26. Singh's optimism stems from the fact that the automotive lubricants market is registering a 1.4-2% CAGR in India.
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