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Jindal Stainless renews lubricants partnership with IOCL for five years

05 Oct 2026 Evaluate

Jindal Stainless and Indian Oil Corporation (IOCL) have renewed their Lubricants Vendor Managed Inventory (VMI) partnership for a further period of five years, continuing their long-standing association and strengthening collaboration between the two organisations.

The renewed partnership builds on the organisations’ broader engagement across lubricants and energy supplies. With industrial operations increasingly focused on equipment reliability, operational efficiency and performance, dependable lubrication and energy solutions play an important role in supporting manufacturing continuity. The extended arrangement reinforces the two organisations’ commitment to sustained technical collaboration and reliable supply solutions as industry requirements continue to evolve.

Jindal Stainless (JSL) is one of the largest stainless steel conglomerates in India and ranks amongst the top 10 stainless steel conglomerates in the world. 


Peers
Company Name CMP
JSW Steel 1243.55
Tata Steel 176.90
Steel Authority 177.30
Jindal Stainless 741.45
APL Apollo Tubes 2120.00
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