![]() Financial Daily from THE HINDU group of publications Thursday, Mar 31, 2005 |
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Marketing
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Channels and Franchises Gulf Oil in marketing pact with US co Our Bureau
Hyderabad , March 30 GULF Oil Corporation Ltd (GOCL) has entered into an exclusive tie-up with GRACO Inc. of the US to distribute and market the latter's lubrications systems in India. GRACO is a world leader in fluid handling systems and components, with an approximately 40-per cent market share worldwide. GOCL will market these systems to modern auto workshops, vehicle manufacturers, engineering industries and original equipment manufacturers, among others. The company will also undertake designing the systems as per the requirements of customers, with technical inputs from GRACO, according to a press release here on Wednesday. GRACO's lubrication systems are used in industries and workshops to dispense lubricants and other fluids in engine/gear boxes/other machines at fixed intervals.
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