Reliance and BP to create major world-class fuels partnership for India’s fast-growing market
Green Car Congress
AUGUST 9, 2019
BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India. India is expected to be the fastest-growing fuels market in the world over the next 20 years, with the number of passenger cars in the country estimated to grow almost six-fold over the period. India is set to be the world’s largest growth market for energy by the mid-2020s.