Video - Gulf Oil Targets ₹400–500 Crore Charger Revenue in 4–5 Years: Ravi Chawla
Gulf Oil Lubricants India discusses its strategic expansion into EV charging infrastructure, targeting significant revenue growth through investments in mobility solutions and localization efforts.
By Shahkar Abidi
5023 Views
In this conversation with Ravi Chawla, MD & CEO, Gulf Oil Lubricants India, we explore how the company is building a significant EV mobility business beyond its traditional lubricants portfolio.
Chawla shares insights from Gulf Oil’s four-year EV mobility value-chain study, the rationale behind investments in Indra, ElectreeFi and Tirex chargers, and the company’s ambition to generate ₹400–500 crore in EV charging revenue over the next 4–5 years.
The discussion also covers Gulf Oil’s progress on 55% localisation, its growing focus on R&D and engineering, and why EV mobility could account for 15–20% of the company’s revenue within five years.
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