Introduction:
Liquified petroleum gas (LPG) employment has significantly increased as India’s power system develops and grows, resulting in an essential power source for homes, businesses, and the automobile industry. India’s LPG business environment is anticipated to remain LPG Companies in India. LPG, which is mostly made up of propane and butane, has grown to be a vital supply of effective, renewable power that has greatly reduced carbon emissions and enhanced the standard of living for countless Indians.
This article explores India’s dynamic and developing LPG market and lists the 10 largest LPG firms that are expected to have a significant influence by 2024. These businesses are essential to the distribution, promotion, and provision of LPG, meeting the various energy requirements of India’s rapidly expanding populace.
Following the ‘Ujjwala Yojana’ project, which intends to supply nutritious food to impoverished homes, and the Indian government’s ongoing promotion of renewable energy reports, the LPG industry is witnessing a revolutionary development pattern. LPG is in plentiful supply not just for cooking purposes but also because it can be used in a variety of business activities and is more environmentally friendly compared to gasoline for automobiles.
This article will examine the major participants in the LPG market, stressing their roles in advancing an environmentally conscious and happier India, their environmentally friendly procedures, and how they contribute to satisfying the increasing need for LPG.
We will also talk about the potential and difficulties these businesses confront in an energy market as they strive to make LPG more accessible and affordable for all societal groups. At the vanguard of this rapidly evolving sector, the most prominent 10 LPG firms in India are providing optimistic answers for 2024 that are healthier, environmentally friendly, and energy-rich.
List Of Top 10 LPG Companies in India 2024:
Indian Oil Corporation Ltd.
Indian Oil Corporation Ltd (Image Source: iocl.com)
• By 2024, Indian Oil Corporation Ltd. (IOCL) will be one of the country’s top LPG companies.
• It is among the biggest gas and oil corporations in the nation that is controlled by the state.
• IOCL is renowned for its dependable LPG Companies in India and boasts an extensive supply chain.
• The firm is essential to India’s residential LPG supply chain.
• In the LPG industry, it is renowned for its dedication to excellence, security, and pleasing consumers.
• Founded: 1959.
• Headquarters: New Delhi
• Market Share (%): 29.1
• Number of Customers (Millions): 125
• Number of Distributors: 18,000.
• Number of Retail Outlets: 90,000.
Bharat Petroleum Corporation Limited:
Bharat Petroleum Corporation Limited (Image Source: Facebook.com)
• In 2024, Bharat Petroleum Corporation Limited (BPCL) will rank among the top LPG businesses in India.
• BPCL, a subsidiary of the state, makes a substantial contribution to the LPG industry.
• It caters to a sizable clientele and LPG Companies in India runs underneath the “Bharat Gas” name.
• BPCL is renowned for its dedication to ecological sustainability, high standards of excellence, and security.
• The firm is essential to meeting India’s domestic LPG needs and ensuring millions of families can access environmentally friendly cooking fuel.
• Founded: 1951.
• Headquarters: Mumbai
• Market Share (%): 22.3
• Number of Customers (Millions): 95
• Number of Distributors: 15,000.
• Number of Retail Outlets: 75,000.
Hindustan Petroleum Corporation Limited:
Hindustan Petroleum Corporation Limited (Image Source: en.wikipidea.org)
• In 2024, Hindustan Petroleum Corporation Limited (HPCL) will be one of India’s top LPG companies.
• It is a petroleum and natural gas LPG Companies in India firm controlled by the state, with its main office located in Mumbai, Maharashtra.
• HPCL supplies thousands of customers through its vast system of LPG wholesalers.
• In its LPG activities, the business prioritizes efficiency, environmental responsibility, and security.
• HPCL is a major participant in the LPG market in India because of its robust representation and dedication to sustainability.
• Founded: 1951.
• Headquarters: Mumbai
• Market Share (%): 21.5
• Number of Customers (Millions): 90
• Number of Distributors: 14,000.
• Number of Retail Outlets: 70,000.
Reliance Petroleum Ltd:
Reliance Petroleum Ltd (Image Source: datareign.com)
• In 2024, Reliance Petroleum Ltd. will be a major participant in the LPG market in India.
• It serves both residential and commercial clients and runs a strong LPG transportation system.
• The brand is reputable because of the LPG Companies in India company’s dedication to dependability and quality.
• Reliance Petroleum Company Ltd guarantees a consistent flow of LPG to fulfill India’s increasing energy needs.
• It has a solid foothold in the marketplace and makes a substantial contribution to the expansion and environmental consciousness of the LPG industry in India.
• Founded: 1995.
• Headquarters: Mumbai
• Market Share (%): 17.1
• Number of Customers (Millions): 75
• Number of Distributors: 12,000.
• Number of Retail Outlets: 60,000.
TotalEnergies:
TotalEnergies (Image Source: en.wikipidea.org)
• The world’s largest energy company, TotalEnergies, is well-known in the LPG industry in India.
• Renowned for its environmentally friendly procedures and wide range of energy options.
• Offers a large selection of LPG Companies in India for the business, manufacturing, and domestic industries.
• Devoted to minimizing environmental damage and advancing sustainable energy.
• A major force behind the infrastructural growth and rising demand for LPG in India.
• Founded: 1924.
• Headquarters: Navi, Mumbai
• Market Share (%): 10.5
• Number of Customers (Millions): 45
• Number of Distributors: 8,000.
• Number of Retail Outlets: 40,000.
SE Shell plc:
SE Shell plc (Image Source: chart.parts)
• The multinational energy conglomerate SE Shell plc has established a stronghold in the LPG industry in India.
• It’s a well-liked option for LPG users due to its excellent track record for dependability and quality.
• The vast transportation system of SE Shell plc guarantees widespread LPG supply acros India.
• The organization’s dedication to the LPG Companies in India environmental is in line with India’s objectives for energy conservation.
• An essential part of supplying India’s expanding LPG requirement is SE Shell plc.
• Founded: 1897.
• Headquarters: Gurgaon
• Market Share (%): 9.9
• Number of Customers (Millions): 42
• Number of Distributors: 7,000.
• Number of Retail Outlets: 35,000.
Supergas: (SHV Energy Pvt Ltd.)
Supergas (Image Source: commons.wikimedia.org)
• By 2024, SUPERGAS, an affiliate of SHV Energy Pvt Ltd., will be one of India’s top LPG providers.
• It offers dependable and pure LPG alternatives for households, businesses, and enterprises.
• SUPERGAS is well-known for providing excellent customer service and has a significant national footprint.
• The firm serves its clients’ varied LPG Companies in India energy demands while supporting India’s expanding LPG industry.
• SUPERGAS is still a major player in the LPG market in India in 2024.
• Founded: 1988.
• Headquarters: Bangalore
• Market Share (%): 3.5
• Number of Customers (Millions): 15
• Number of Distributors: 2,500.
• Number of Retail Outlets: 12,500.
Jyothi Gas Pvt Ltd:
Jyothi Gas Pvt Ltd (Image Source: jyothigas.com)
• Established in the Indian LPG market, Jyothi Gas Pvt Ltd is renowned for providing high quality goods and services.
• The organization’s effective logistics system and extensive supply chain both support its financial performance.
• In line with the demands of the LPG Companies in India country for energy, Jyothi Gas Pvt Ltd provides LPG to meet the rising requirements in India.
• It is essential to guarantee that LPG is available and dependable for homes and businesses all over the nation.
• Founded: 1995.
• Headquarters: Hyderabad
• Market Share (%): 3.1
• Number of Customers (Millions): 13
• Number of Distributors: 2,100.
• Number of Retail Outlets: 10,500.
Eastern Gases Ltd Source:
Eastern Gases Ltd Source (Image Source: easternligs.com)
• One important participant in the LPG market in India is Eastern Gases Ltd.
• It strengthens the country’s transportation and logistics network for LPG.
• The business purchases LPG from LPG Companies in India a number of local and foreign vendors.
• An essential part of satisfying India’s increasing requirement for LPG is Eastern Gases Ltd.
• It maintains strict hygiene and LPG Companies in India security requirements, guaranteeing dependable LPG services.
• With this representation, India’s LPG transportation system is more diversified.
• Founded: 1960.
• Headquarters: Kolkata
• Market Share (%): 2.9
• Number of Customers (Millions): 12
• Number of Distributors: 2,000.
• Number of Retail Outlets: 10,000.
Oil and Natural Gas Corporation:
Oil and Natural Gas Corporation (Image Source: en.wikipidea.org)
• One of the top LPG suppliers in India in 2024 is HP Gas, a reputable name with a solid reputation for dependability as well as excellence in LPG delivery.
• Hindustan Petroleum Corporation Limited (HPCL) owns HP Gas as its wholly-owned subsidiary.
• The organization serves LPG Companies in India thousands of homes and companies by providing both industrial and residential LPG requirements through its extensive nationwide delivery system.
• In the ever-changing LPG industry in India, HP Gas is still a major participant.
• Founded: 1951.
• Headquarters: Mumbai
• Market Share (%): 2.7
• Number of Customers (Millions): 11
• Number of Distributors: 1,700.
• Number of Retail Outlets: 8,500.
Best Top 10 LPG Companies in India 2024:
Rank | Property Websites | Founded | Headquarters |
1 | Indian Oil Corporation Ltd. | 1959 | New Delhi |
2 | Bharat Petroleum Corporation Limited | 1951 | Mumbai |
3 | Hindustan Petroleum Corporation Limited | 1951 | Mumbai |
4 | Reliance Petroleum Ltd | 1995 | Mumbai |
5 | TotalEnergies | 1924 | Navi, Mumbai |
6 | SE Shell plc | 1897 | Gurgaon |
7 | SUPERGAS (SHV Energy Pvt Ltd.) | 1988 | Bangalore |
8 | Jyothi Gas Pvt Ltd | 1995 | Hyderabad |
9 | Eastern Gases Ltd Source | 1960 | Kolkata |
10 | Oil and Natural Gas Corporation | 1956 | Delhi |
Conclusion:
By 2024, the Indian Liquefied Petroleum Gas (LPG) market was radically different, with the most prominent Top 10 LPG Companies in India 2024 having a huge effect on the energy industry throughout the nation. These businesses are essential to satisfying the increasing requirement for LPG as India searches for renewable energy sources and stays focused on achieving its environmentally friendly goals.
The most prominent ten LPG businesses in India have proven their dedication to ecological accountability, inventiveness, and excellent client service. In order to increase circulation and customer interaction, they have embraced digital technology in response to shifting market conditions.
These businesses have developed their systems in order to guarantee that LPG is widely available in both residential and agricultural regions, supporting the effort made by the government to increase accessibility to environmentally friendly preparing food energy.
These businesses have also actively supported LPG management and consumption safeguards, lessened their negative environmental effects, and improved India’s energy independence. Notables are their efforts to promote environmentally conscious and environmentally friendly techniques, including mixing LPG with biofuels.
In conclusion, the most prominent 10 LPG firms in India for 2024 are innovators and pioneers in their respective industries. They play a critical role in driving the country’s renewable energy revolution and encouraging an increasingly environmentally friendly, lusher, and healthier future. With persistent work, the LPG industry in India is poised to make a significant contribution to lowering pollutants, boosting public health, and elevating the standard of living for all of its people.