News Release Details

IndianOil adopts 2018 as ‘Year of Trust'
New Delhi   03-Jan-2018

      The Energy of India Runs on Trust.
      #2018AtIndianOil #Year of TRUST

The country's largest customer-facing organisation, IndianOil Corporation (IndianOil), has adopted 2018 as the 'Year of Trust.' From Pradhan Mantri Ujjwala Yojana (PMUY) to daily price revision of petrol & diesel, to the decision to leapfrog BS-VI fuels supply to Delhi by April 1, 2018, two years before its actual implementation date, are a few instances where policy-makers trusted the delivery potential of IndianOil.

"The observanceof 2018 as the 'Year of Trust' is a unique opportunity to sustain the Company's trust among its customers and stakeholders by enhancing our capabilities and our integrity, as individuals and as an organisation,” said IndianOil Chairman, Sanjiv Singh while unveiling the corporate theme for the year 2018. “Backed by our inherent strengths as a team and as an organisation, it would be a great project to make TRUST an enduring value across our supply chain,” he added.

Every second Indian is served by IndianOil employees, channel partners and their team members through more than 47,000 customer touch points. “Our core values inspire us to give our best. Among these, TRUST is the keystone and the active DNA of our organisational culture,” said Mr. Sanjiv Singh.

The decision follows the tradition started by the organisation in the year 2016 of adopting calendar year-based on IndianOil's corporate values- Care, Innovation, Passion and Trust - when the organisation completed 10 years of formalising the corporate Core Values. Year 2016 was the 'Year of Core Values', while the year 2017 was observed as the 'Year of Innovation and Technology.' Starting from refineriesand pipeline networks to bulk storage terminals and fuel stations, adoption of smart technologies,e-portals for customer convenience and efficient use of SAP have resulted in greater efficiency. Now, a full-fledged CRM (customer relationship management) solution is being implemented to engage more closely with customers. IndianOil during 2017 also selected 11 innovative research proposals for support with its start-up fund.

The resolution to adopt 2018 as 'Year of Trust' comes at a particularly important moment as India joins countries like France and China to stand by the accord to meet the challenge for a low-carbon sustainable future in the COP-23 Bonn Summit held in November 2017. For India, moving in consonance with the commitment would mean an increased share of Natural Gas and Renewables in the future energy mix. Being a market leader IndianOil will be once again leading this national agenda in the coming years.

(Kalikrishna M)
Chief General Manager (Corporate Communications)
Indian Oil Corporation Ltd.
Corporate Office, Delhi