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How lubrication keeps manufacturing moving and how MobilTM is contributing towards the manufacturing industry in India
Manufacturing Today
|October 2024
Mobil™ recognizes the evolving needs of manufacturers, offering more than just products by providing end-to-end solutions tailored to enhance efficiency and profitability
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Vasanth Thangavelu, General Manager - Brand Marketing South AP, ExxonMobil Lubricants Pvt. Ltd.
• Mobil™ emphasizes innovation through its industry-leading services like Mobil Lubricant Analysis (MLA) program, Mobil Solcare Service app, and Machine XT aimed at optimizing equipment performance and reducing maintenance costs
• Mobil™ Recently launched a high impact ‘Fill with Mobil™’ campaign that emphasises expertise, collaboration, and trust, highlighting the company›s commitment to delivering top-notch solutions through specialized knowledge and collaborative efforts.
INDUSTRY OVERVIEW
India’s manufacturing sector has seen significant growth over the past decade, becoming a key driver of the nation›s economy. In FY23, manufacturing exports reached an all-time high of US$ 447.46 billion, marking a 6.03% growth from the previous year. The sector›s competitive advantage, bolstered by a skilled workforce and lower labour costs, has attracted significant capital expenditures and heightened M&A activity, leading to increased manufacturing output and a substantial boost in exports. This surge in exports reflects India›s expanding presence in new geographies and segments, propelled by growth in priority sectors and favourable megatrends.
This story is from the October 2024 edition of Manufacturing Today.
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