Shell-MRPL and Reliance-BP jet fuel sales jumped in April

29 May 2024 CW Team

Due in large part to their increased supply network and effective client marketing, private companies now account for a tenth of India's aviation turbine fuel (ATF) industry. Industry data shows that the two private sector joint ventures, Reliance-BP and Shell-MRPL, have achieved remarkable progress in the last year, increasing their combined market share in the ATF market from 6.3% in April of last year to 10.3% in April of this year.

In April 2022, their combined stake was 6.5%. An 84% year-over-year rise in their sales volume in April has been the primary driver of their market share increases. The sales increase for state-run ATF providers, who have controlled the market from the start, was 8.3% in April, which was less than the 13% industry average. This contributed to the state-run businesses' ATF share contracting to 89.7% from 93.7%.

Due in large part to their increased supply network and effective client marketing, private companies now account for a tenth of India's aviation turbine fuel (ATF) industry. Industry data shows that the two private sector joint ventures, Reliance-BP and Shell-MRPL, have achieved remarkable progress in the last year, increasing their combined market share in the ATF market from 6.3% in April of last year to 10.3% in April of this year.

In April 2022, their combined stake was 6.5%. An 84% year-over-year rise in their sales volume in April has been the primary driver of their market share increases. The sales increase for state-run ATF providers, who have controlled the market from the start, was 8.3% in April, which was less than the 13% industry average. This contributed to the state-run businesses' ATF share contracting.

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