The Indian industrial lubricants market is expected to record a CAGR of around 4-5 percent, considering the period 2021-2025. The major factors driving the growth of the market studied are rising demand from the Agricultural Industry, Wind energy sector and the ‘Make in India’ initiative, which is expanding the industrial base and focus in India. Factors such as the growing agriculture industry, mining operations, road construction and robust growth of the construction industry are likely to provide opportunities for the Industrial Lubricants. In order to keep the equipment and its performance intact, various industrial lubricants such as greases, engine oil, wire rope lubricants, are designed.
Innovation towards Auto-Motion is the conceptual approach of a company named, Futurol Moteur Globale. This organization provides unique innovative products to Automotive Industry. It was shaped by the founder, Satish Pathak who has over 22 years of experience in serving Automotive Organizations. Established in 2018, Futurol is fairly young, upcoming manufacturer, exporter and marketer of complete range of Automotive Clutches, Lubricants (Automotive & Industrial) & Filters like Oil Filters, Air Filters, Fuel Filters, Hydraulic Filters, Industrial Filters and more. These are specially being designed and developed for various OEM manufacturers to suit the Aftermarket conditions for multiple sectors and have challenging plans to come up with multiple products in future like Batteries, Solar Solution and Brakes.
With corporate Head Office in the heart of the futuristic Industrial city Greater Noida and manufacturing facility in Delhi, Futurol is poised to grow and become strong business partners for the Aftermarket channel. Quality is the result of
Futurol's efficient manufacturing facility which enables them to come up with output in the required time sphere. Futurol is also equipped with various sophisticated, high precision machines that are used for testing and manufacturing, and are essential for the quality control and zero-defect Filters, Clutches and Lubricants.
Innovative Product Lines
Automotive Filters are not only about keeping harmful particles out of the engine and prolonging its life but it's also about fuel efficiency. Hence, FILPRO is one of Futurol's brands that is the right product to prolong life of a machine. FILPRO Filters are designed to work in conjunction with quality Oils and Fuel in engines and component system to provide the highest standards of cleanliness and performance, thus providing a comprehensive tractor or machine protection solutions. With increased usage of such equipment and machines, the demand for industrial lubricants is also increasing.
Therefore, Futurol came up with their very own Automotive & Industrial lubricant brand named Yoddha Lubricants which is used in heavy-duty engines, industrial machines and 2-Wheeler, 3-Wheeler segments. Some of their product lines also include Hydraulic Oil, Cutting Oil, Quenching Oil, Turbine Oil, Compressor Oil and more. FILPRO not only manufactures filters but also offers a complete range of tractor clutches, brakes and batteries. Clients’ expectations majorly revolve around Technological or Product Support, Supply Chain Training and development of Field force or channel Partners on Lubricants. Futurol caters to all such clients' needs.
Quality is the result of futurol's efficient manufacturing facility which enables them to come up with output in the required time sphere
Aspiring To Grow Further In The Indian Market
Futurol is completely focused on creating brand presence in Aftermarket as they prefer to tie-up with OEMs as mentioned previously. So currently, Futurol is working on these critical success factors to position themselves in this segment with goals to start entering into Genuine Oil with OEMs by early 2022. As of now, Futurol is focusing primarily on things like Quality where they ensure that the products are developed after rigorous testing procedures in Labs with proper R&D, providing physical evidence by confidently sharing Product data sheet and characteristics of the Lubricants.
Expanding The Distribution Network
Branding activities to promote their Brand Off line & Online which also comes with merchandizes is in their veins in order to spread full wings in the Indian market. Some interesting facts about Futurol to conclude are that they spend 10-15 percent of sales volume on marketing, branding and product development in order to reach new heights. Just for good measures, Futurol have also created a data base of over 2000 plus Retailers and 1500 plus Mechanics within a short period and created a brand for itself in the Aftermarket segment which aspires to reach new horizons.