Gulf Oil Lubricants India Limited (Gulf Oil), a leading player in the lubricants industry, and Piaggio Vehicles Pvt Ltd (Piaggio India), a 100 per cent subsidiary of the Italian Piaggio Group and India's foremost manufacturer of small commercial vehicles, have renewed their strategic partnership. This exclusive collaboration, extended until 2030, aims to deliver genuine and co-branded lubricants tailored for Piaggio's commercial vehicle segment, reinforcing their commitment to high-performance and customised solutions. 

Under the renewed agreement, Gulf will remain Piaggio India's exclusive lubricant partner for factory-fill, workshop, and retail requirements within India, as well as exports to select international markets. The partnership encompasses a full range of lubricants, including advanced BS VI oils and new EV fluids, designed to meet the evolving needs of Piaggio's growing customer base. 

The renewed agreement was signed by Diego Graffi, Chairman & Managing Director of Piaggio Vehicles Pvt Ltd, and Ravi Chawla, Managing Director & CEO of Gulf Oil Lubricants India Limited. Since its inception in 2020, the partnership has focused on developing advanced lubricants for Piaggio's diverse vehicle range, including BS VI and electric vehicles (EVs).

Reflecting on the renewal, Ravi Chawla, MD & CEO of Gulf Oil Lubricants India, stated: "We are delighted to renew our partnership with Piaggio India, which aligns with our mission to deliver industry-leading, specialised lubricants across diverse vehicle segments. Built on a shared passion for innovation and growth, this collaboration positions us to expand our reach in both traditional and electric vehicle markets. With India's commercial vehicle sector set for significant growth, driven by robust infrastructure development, this partnership strengthens Gulf's position as a trusted OEM partner, supporting our vision for sustained growth and excellence."

Diego Graffi, Chairman & MD of Piaggio Vehicles Pvt Ltd, added: "This long-term renewal with Gulf Oil underscores our commitment to delivering quality products that ensure optimal performance for Piaggio's customers. Gulf's strategic investments in the EV fluids segment align perfectly with Piaggio's increasing focus on electric mobility in India, particularly in the lightweight commercial and three-wheeler EV segments. We look forward to this new chapter of collaboration."