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
How lubrication keeps manufacturing moving and how MobilTM is contributing towards the manufacturing industry in India

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.

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