Shell Strengthens India Presence With Acquisition of Raj Petro

In a significant move to deepen its presence in the Indian lubricants market, Shell has acquired 100% equity in Raj Petro Specialities Pvt Ltd, a Mumbai-based specialty oil and lubricant manufacturer, from Germany’s Brenntag Group. India, being the third-largest lubricants market globally, is a key focus area for Shell’s growth strategy.

With this acquisition, Shell expands its portfolio into high-growth sectors such as pharmaceuticals, personal care, power transmission, and white oils—segments where Raj Petro has built strong capabilities over the years. The company operates manufacturing facilities in Chennai and Silvassa, with a combined capacity of 350,000 tonnes per annum, along with robust R&D infrastructure and a presence in over 100 countries.

Shell already runs a lubricant blending plant in Taloja, Maharashtra, and a 200+ distributor network serving nearly 50,000 outlets across India. According to Shell India Chairperson Mansi Madan Tripathy, this acquisition not only complements Shell’s existing operations but also brings operational synergies, enhanced customer reach, and new opportunities for innovation and scale.

The integration is expected to drive value across the lubricants value chain, helping Shell accelerate its market footprint and deliver tailored solutions to a wider customer base in India.