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India's biggest oil retailers are now focusing on rural revival

India’s biggest oil retailers are now focusing on rural revival
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Last Updated: Mar 01, 2021, 02:20 PM IST
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Synopsis
Bharat Petroleum and Hindustan Petroleum — two of the three biggest fuel retailers — both said they planned to raise the proportion of outlets they have in rural areas this year.
India is pinning its hopes on the agricultural sector to help the economy recover after its worst recession since the 1950s.
If there’s one part of India’s economy that’s been relatively unscathed by the devastating impact of Covid-19 it’s the vast rural hinterlands. And the country’s biggest fuel retailers are sitting up and taking notice.

Hindustan , India-general , India , Bharat , Mukesh-kumar-surana , Neeraj-akhoury , Bloomberg , Bharat-petroleum , Hindustan-petroleum , Bharat-petroleum-corp , Mahindra-ltd , Indian-oil-corp

HPCL, BPCL, RIL, IOC Gearing Up For Rural-Led Economic Rebound

Mar 02 2021, 5:08 PM
March 01 2021, 2:30 AM
March 02 2021, 5:08 PM
(Bloomberg) -- If thereâs one part of Indiaâs economy thatâs been relatively unscathed by the devastating impact of Covid-19 itâs the vast rural hinterlands. And the countryâs biggest fuel retailers are sitting up and taking notice.
(Bloomberg) -- If thereâs one part of Indiaâs economy thatâs been relatively unscathed by the devastating impact of Covid-19 itâs the vast rural hinterlands. And the countryâs biggest fuel retailers are sitting up and taking notice.
Stay-at-home orders first imposed from March last year had a disproportionate impact on Indiaâs teeming cities, but in small towns and villages people mostly went about their business with fewer restrictions. A bumper agricultural crop and a splurge in government spending to pull the economy out of a slump is also expected to put more money into the hands of rural farmers and laborers.

Hindustan , India-general , India , Bharat , Mukesh-kumar-surana , Neeraj-akhoury , Bloomberg , Bharat-petroleum , Mahindra-ltd , Hindustan-petroleum , Bharat-petroleum-corp , Indian-oil-corp

India's biggest oil retailers are focusing on rural revival - News for the Oil and Gas Sector

If there’s one part of India’s economy that’s been relatively unscathed by the devastating impact of Covid-19 it’s the vast rural hinterlands.

Hindustan , India-general , India , Bharat , Mukesh-kumar-surana , Neeraj-akhoury , Ambuja-cements-ltd , Bharat-petroleum , Mahindra-ltd , Hindustan-petroleum , Bharat-petroleum-corp , Indian-oil-corp

Indian biggest fuel retailers gearing up for rural-led economic rebound

Indian biggest fuel retailers gearing up for rural-led economic rebound
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Hindustan , India-general , India , Bharat , Mukesh-kumar-surana , Neeraj-akhoury , Ambuja-cements-ltd , Bharat-petroleum , Mahindra-ltd , Hindustan-petroleum , Bharat-petroleum-corp , Indian-oil-corp