chevron: Chevron's Caltex Lubes returns to India after 12 ye

chevron: Chevron's Caltex Lubes returns to India after 12 years; HPCL to market it

Chevron Corporation is re-entering the Indian lubricants market after a 12-year absence through a partnership with state-run Hindustan Petroleum Corporation Ltd (HPCL). The companies have signed a 10-year agreement to license, produce, distribute, and market Chevron's lubricant products under the Caltex brand. Chevron sees India as a strategic growth market, particularly for industrial and commercial vehicles.

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