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India: Shell 10 Years Fuel Retail Network Expansion Plan

India: Shell 10 Years Fuel Retail Network Expansion Plan

Energy giant Shell plans to open 1,200 fuel service stations in India with a potential to create around 2 lakh jobs in the next decade.

Nitin Prasad, Chairman, Shell Companies in India, said that every fuel service station can create 50-70 jobs. “If you do the math, the opening of 1,200 fuel service stations can create close to 1 lakh jobs. Another lakh can come by selling lubricants, servicing other auto sector requirements and indirect jobs,” he said.

The energy giant did not give a definitive time frame as to how many fuel service station it will open every year as the process of getting a license for a fuel service station is time consuming. However, Prasad said that Shell India has acquired land for 150-200 fuel service stations across the country and operates around 120 fuel service stations.

This development comes in the backdrop of recent statements made by Shell senior executives who are readying the ground on the assumption that if India continues to prosper, it will be the fastest growing energy market in the world by 2030s. Source: The Hindu PWKD03092018

Last modified onWednesday, 05 September 2018 08:03
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