As the leading oil and gas company in India, Indian Oil Corporation offers a range of services to its customers. One key aspect of their services is their dealership program, which allows interested individuals and businesses to partner with Indian Oil and sell their products.

If you`re considering becoming a dealership for Indian Oil, it`s important to understand the terms and conditions of their dealership agreement. Here`s what you need to know:

1. Eligibility: Indian Oil has specific criteria for selecting its dealers. They prefer individuals or businesses with a good reputation, financial stability, and experience in the oil and gas industry. You must also have a suitable location and infrastructure to store and sell Indian Oil`s products.

2. Duration: The dealership agreement is typically valid for a period of three years, subject to renewal based on performance and compliance.

3. Investments: As part of the agreement, you`ll be required to make an initial investment to set up your dealership, which includes the cost of infrastructure, equipment, and inventory. You`ll also be responsible for ongoing expenses such as salaries, rentals, and utilities.

4. Products: Indian Oil has a wide range of products, including petrol, diesel, lubricants, and LPG. As a dealer, you`ll be required to sell a minimum quantity of these products, as per the terms of the agreement.

5. Marketing and promotions: Indian Oil provides its dealers with marketing and promotional support to help them attract customers and increase sales. This includes advertising and branding materials, loyalty programs, and customer engagement initiatives.

6. Training and support: Indian Oil also provides its dealers with training and support to ensure they have the necessary knowledge and skills to run their business efficiently. This includes product training, safety training, and compliance training.

Overall, becoming a dealership for Indian Oil can be a lucrative business opportunity if you meet the eligibility criteria and are willing to make the necessary investments. By signing the dealership agreement and abiding by its terms and conditions, you can become a trusted partner of one of India`s most reputable oil and gas companies.