India’s state-owned Hindustan Petroleum Corporation Limited (HPCL) has selected Al Nabooda Automobiles as its UAE distributor, the petroleum giant has announced.
Part of the diversified Khalifa Juma al-Nabooda Group, al-Nabooda Automobiles has around four decades of experience in the automotive sector and is the exclusive dealer for the Audi, Porsche, and VW brands in the Northern Emirates of UAE and Dubai. Al Nabooda Automobiles was selected by the HPCL through its 100 percent subsidiary in the UAE HPCL Middle East, it was announced on Tuesday. Incorporated in 2018, HPCL Middle East FZCO is the UAE arm of the Indian Petroleum giant which is a market leader in the competitive Indian lubricant market. The HPCL is a Global Fortune 500 Company concluding more than USD 35 billion in sales revenues and other from its major fuel refineries, owns and operates the largest Lube Refinery in India. In the large Indian Lubricants market, the HPCL has consolidated its position as the largest lubricant marketer and with a robust research and development support and state of the art blending plants, manufactures and markets more than 450 grades of lubricants, specialties and greases finding applications in all sectors including automotive, transport, industrial, mining, construction, agriculture, defence and marine.
Subhendu Mohanty, CEO, HPCL Middle East FZCO, called this a perfect mixture of strengths, given the brilliance of al-Nabooda Automobiles in building hugely successful world-class brands in UAE and the market-leading and customer-centric products and services offered by a seasoned marketer as HPCL”. CORR CPS. K Rajaram, the CEO, Al Nabooda Automobiles, stated that the company’s growth strategy over the past few years has hinged on network expansion wherein facilities have been across the UAE to be able to cater to the needs of customers