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Business Economy


Indian Oil adopts 2018 as ‘Year of Trust’

Indian Oil adopts 2018 as ‘Year of Trust’

New Delhi, Jan 3 (UNI) State-owned oil and gas major Indian Oil Corporation (Indian Oil), has adopted 2018 as the ‘Year of Trust.’

From Pradhan Mantri Ujjwala Yojana (PMUY) to daily price revision of petrol and diesel, to the decision to leapfrog BS-VI fuels supply to Delhi by April 1 this year, two years before its actual implementation date, are a few instances where policy-makers trusted the delivery potential of Indian Oil, a company press release said.

“The observance of 2018 as the ‘Year of Trust’ is a unique opportunity to sustain the Company’s trust among its customers and stakeholders by enhancing our capabilities and our integrity, as individuals and as an organisation,” Indian Oil Chairman Sanjiv Singh said while unveiling the corporate theme for the year 2018.

The decision follows the tradition started by the organisation in the year 2016 of adopting calendar year-based on IndianOil’s corporate values - Care, Innovation, Passion and Trust - when the organisation completed 10 years of formalising the corporate Core Values. Year 2016 was the ‘Year of Core Values’, while the year 2017 was observed as the “Year of Innovation and Technology.’

Starting from refineries and pipeline networks to bulk storage terminals and fuel stations, adoption of smart technologies, e-portals for customer convenience and efficient use of SAP have resulted in greater efficiency. Now, a full-fledged CRM (customer relationship management) solution is being implemented to engage more closely with customers,a company release said.

The resolution to adopt 2018 as ‘Year of Trust’ comes at a particularly important moment as India joins countries like France and China to stand by the accord to meet the challenge for a low-carbon sustainable future in the COP-23 Bonn Summit held in November 2017.

For India, moving in consonance with the commitment would mean an increased share of Natural Gas and Renewables in the future energy mix. Being a market leader IndianOil will

be once again leading this national agenda in the coming years, the release said.

UNI JPG SHK 2040

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