News Release Details
New Delhi 17-Aug-2007
IndianOil has signed a Memorandum of Understanding with M/s Sagas Autotec Pvt. Limited, Mysore, for the marketing of Sagas CNG and LPG auto kits for three wheelers through our Retail Outlets, ALDSs and Indane Distributors. The MoU was signed by Mr. K.R. Suresh Kumar, GM(RS), IndianOil and Mr. Sanjay Shyamanur (Director), M/s Sagas Autotec in the presence of Mr. S.S. Bapat, GM(LPG-Ops), HO, Mr. SS Samant, DGM(LPG-Strategies), HO, Mr. R.K. Arora DGM(LPG-Sales), HO and other Officials from IndianOil and M/s Sagas Autotec. M/s Sagas Autotec, is a pioneer in the design, manufacturing and marketing of CNG and LPG auto kits for three wheelers and has a strong R&D set up in these products. Through this MOU, the CNG and LPG auto kits will be marketed through our reseller network to enable us to tap the full potential of these fast growing, alternative automobile fuels.
