Castrol India (CASTROL) manufactures and markets high-quality automotive and industrial lubricants and specialty oils. Promoted by Burma Castrol, UK, a 71% stakeholder in the company, it was incorporated in 1979 as a private limited company called Indrol Lubricants and Specialities. In 1982, it was converted into a public limited company and acquired its present name in 1990. The company has leadership positions in most of the segments in which it operates including passenger car engine oils, premium 2-stroke and 4-stroke oils and multigrade diesel engine oils. The company has five manufacturing plants across the country, including a state-of-the-art plant in Silvassa. It markets its automotive lubricants under two brands, Castrol and BP. A budget of Rs 100 million was earmarked to be spent over three years towards making facilities at the technology centre world class. Castrol`s BikeZone is another first to its credit. Through BikeZone, Castrol has created a new channel of multi-branded two wheeler service centers. The company has initiated several competitions and awards for sports. Castrol India has the largest manufacturing and marketing network amongst the lubricant companies in India. The company reaches its consumers through a distribution network of 270 distributors, servicing over 70,000.retail outlets. It enjoys a 22% market share in lubricants. It has major agreements with Tata Cummins, ITC`s E Chaupal Sagar Stores, Godrej Adhar, Reliance India and Essar Oil for supply of lubricants. The company exports grease to Asian countries and Korea and has also initiated export of engine oils and specialty products. Its registered office is at Technopolis Knowledge Park, Mahakali Caves Road, Andheri (East), Mumbai-400093.