Indian Oil Corporation (IOC) has reportedly collaborated with Vellore Cooperative Sugar Mill to start a petrol pump at Ammundi. The outlet would be operated by IOC, which appointed staff on a contract basis. The mill management has provided the land and IOC took the initiative to set its retail outlet.
IOC is the largest enterprise in the country and the foremost ranked Fortune Global 500 Company in India and has presence in the complete hydrocarbon value chain from downstream refining & marketing, pipeline transportation, Petrochemicals, E&P and Gas Marketing.