Petrol pumps are more than just pit stops, they’re the backbone of India’s ever moving roads. From cities to highways, they keep the nation on the move while offering solid business opportunities for entrepreneurs.
With vehicle numbers soaring and road networks expanding, there’s never been a better time to invest in a fuel station.
In this blog, we’ll delve into some of the top petrol pump franchises in India, and break down what exactly makes them a smart and rewarding investment.
List of Petrol Pump Franchises in India
Listed below (not by order) are some of the successful petrol pump franchise opportunities in India that we’ve handpicked for you-
1.) IOCL Franchise:
Indian Oil Corporation Limited (IOCL), trading as IndianOil, is India’s largest and most trusted oil and gas company. It operates under the ownership of the Government of India, with administrative control from the Ministry of Petroleum and Natural Gas.
Established in 1959 by the Government of India, IndianOil has played a crucial role in fueling the nation’s growth for over six decades. The company was founded by the merger of Indian Refineries Ltd. and Indian Oil Company Ltd.
Headquartered in New Delhi, IOCL is a public sector undertaking (PSU) registered in Mumbai. With a market share of over 40%, Indian Oil dominates the petroleum industry.
IndianOil operates the largest network of petrol pumps in the country, with over 27,000 outlets
The brand is well known for its iconic ‘XtraPremium’ petrol and ‘XtraMile’ diesel.
Indian Oil Corporation establishes retail outlets after a feasibility study by its field team. If the location is approved in the marketing plan, advertisements are published in newspapers, inviting applications with prescribed documents. Dealer selection is conducted transparently, following the company’s established guidelines.
Non-refundable application fee payable at the time of application is as followed-
For Regular ROs:
- Locations reserved for SC/ST category- INR 3,000
- Locations reserved for OBC category- INR 5,000
- Other locations- INR 10,000
For Rural ROs:
- Locations reserved for SC/ST category- INR 2,500
- Locations reserved for OBC category- INR 4,000
- Other locations- INR 8,000
For more information, visit www.iocl.com
NOTE: The information provided is based on estimates and may vary. We strongly recommend consulting franchise specialists before making any investment or financial decisions.
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2.) Bharat Petroleum Corporation Limited Franchise
Headquartered in Mumbai, Maharashtra, Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector oil and gas company. It is India’s second largest government-owned downstream oil producer, with operations overseen by the Ministry of Petroleum and Natural Gas.
The origins of BPCL trace back to 1891 when it was established as Burmah Shell Oil Storage and Distribution Company in India. In 1976, the company was nationalized and renamed Bharat Petroleum Corporation Limited.
BPCL operates three major refineries located in Bina (Madhya Pradesh), Kochi (Kerala) and Mumbai (Maharashtra).
BPCL plays a crucial role in India’s energy sector by producing and distributing petroleum products nationwide.
The financial requirement for a regular BPCL retail outlet is INR 25 L (approx).
In rural locations, a minimum investment of INR 15 L is required whereas an investment of at least INR 2 Cr is required for urban regions.
BPCL Retail Outlet Application Fees:
- Rural ROs: ₹100 (General), ₹50 (SC/ST)
- Regular ROs: ₹1000 (General), ₹500 (SC/ST)
Fees must be paid via demand draft in favor of BPCL.
For more information, visit www.bharatpetroleum.in
NOTE: The information provided is based on estimates and may vary. We strongly recommend consulting franchise specialists before making any investment or financial decisions.
3.) Hindustan Petroleum Limited Corporation
Hindustan Petroleum Corporation Limited (HPCL) is a leading Indian public sector undertaking in the petroleum and natural gas industry, headquartered in Mumbai. Established in 1974, HPCL is a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Government of India and operates under the administration of the Ministry of Petroleum and Natural Gas.
HPCL has a strong presence in India’s fuel retail market, with an extensive network of over 15,000 petrol pumps across the country. The company operates major refineries in Mumbai and Visakhapatnam, producing a wide range of petroleum products.
HPCL offers a reliable and trusted business model for franchise partners.
Once HPCL finalizes a location for a retail outlet dealership, it announces the opportunity through advertisements in leading newspapers (one in English and one in Hindi or a regional language). These ads invite applications from eligible candidates based on the reserved category for that location. The advertisement outlines the eligibility criteria, terms, conditions, and application process clearly for interested applicants.
NOTE: The information provided is based on estimates and may vary. We strongly recommend consulting franchise specialists before making any investment or financial decisions.
4.) Nayara Petrol Pumps
Nayara Energy is one of India’s fastest-growing private fuel station networks, with over 6,000 operational petrol pumps and more than 1,200 in various stages of commissioning. Established in 1989 as Essar Oil, the company underwent a transformation in 2017 when it was acquired by Rosneft and an investment consortium, leading to its rebranding as Nayara Energy.
Headquartered in Mumbai, the company follows a Dealer-Owned, Dealer-Operated (DODO) model, allowing entrepreneurs to set up fuel stations on self-owned or leased land. The minimum land requirement is 800 sq. meters in town areas and 1,200 sq. meters on highways, with frontage and depth specifications varying for city and highway locations. Applicants can apply online or download the application form, provided they meet the eligibility criteria, which include land availability, investment for retail outlet development, statutory approvals, and active business involvement. The investment requirement for a Nayara Energy fuel station is a minimum of INR 1.5 Cr.
- MINIMUM FRONTAGE
- City/Town: 25-30 mts
- Highway: 35-45 mts
2. MINIMUM DEPTH
- City/Town: 25-30 mts
- Highway: 35-45 mts
NOTE: The information provided is based on estimates and may vary. We strongly recommend consulting franchise specialists before making any investment or financial decisions.
5.) Jio-BP
Founded in 2020, Jio-bp is a joint venture between Reliance Industries Limited (RIL) and BP, established to revolutionize India’s fuel retail sector. Under the Jio-bp brand, the company offers a range of mobility services, including fuel retail, EV charging, and convenience services.
Beyond traditional fuel stations, Jio-bp provides additivised fuels, Castrol lubricants, convenience stores, and fleet management solutions like Fleet4U.
The brand is also expanding its presence in battery swap stations and its RewardMeter Program. Currently, Jio-bp is accepting applications for both mobility stations and mobile dispenser units, with an investment starting from INR 2 Cr.
NOTE: The information provided is based on estimates and may vary. We strongly recommend consulting franchise specialists before making any investment or financial decisions.
Afterword
Investing in a petrol pump franchise offers a stable and rewarding path for entrepreneurs. With trusted brands and growing energy needs, it’s the perfect time to fuel your business dreams and drive toward success.