Thursday, Apr 18 2024 | Time 22:13 Hrs(IST)
image
Business EconomyPosted at: Jan 28 2023 10:32PM


IndianOil exports first consignment of AVGAS 100 LL to Papua New Guinea from JNPT

New Delhi, Jan 28 (UNI) S M Vaidya, Chairman, IndianOil, flagged off the first export consignment of AVGAS 100 LL to Papua New Guinea from GTI Terminal of JNPT on Saturday.
The consignment consisted of 16 KL of AVGAS packed in 80 barrels.
This is the first ever instance of India exporting AVGAS, a statement from the company said.
Speaking on the occasion, Vaidya, said, “The global aviation gasoline market is project to grow at 5% CAGR. The Aviation traffic in India is also likely to grow by 7%. IndianOil is fully geared to explore the possible business avenues opened up with manufacturing of this product. With the superior performance quality standards and competitive prices, IndianOil is aiming to secure significant market share."
" The indigenous production of AVGAS 100 LL in India will not only help in saving foreign exchange on imports but will make pilot trainings in domestic flying institutes economical for budding pilots," he said.
UNI AKM GNK
Please log in to get detailed story.
Tags: #IndianOil exports first consignment of AVGAS 100 LL to Papua New Guinea from JNPT
More News

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..

Microsoft and ByteXL join hands to Present HackXcelerate 2024 at CBIT in Hyderabad

18 Apr 2024 | 5:57 PM

Hyderabad, Apr 18 (UNI) Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform, to present HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students.

see more..

Honda Motorcycle & Scooter India inaugurates new Engine Assembly Line for CKD exports

18 Apr 2024 | 5:46 PM

Gurugram, Apr 18 (UNI) Honda Motorcycle & Scooter India (HMSI), one of the country’s leading two-wheeler manufacturers, has announced a significant milestone in its journey.

see more..
image