Indian Oil Corporation’s (IOC) Octamax technology has won the country’s top technology award. Indian Oil was declared winner of the coveted National Award-2022 under the category ‘Successful Commercialization of Indigenous Technology’ for commercialization of Octamax Technology.
The recognition carries a cash award of Rs. 25 lakh and a trophy. IOC was adjudged first in the Category A of the National Awards alongside a medical devices company that also won this prestigious award for fluting stents.
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.
