Savita Oil Technologies Limited (, ) (formerly known as Savita Chemical) is an Indian automotive, industrial

lubricant A lubricant (sometimes shortened to lube) is a substance that helps to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, ...

and petroleum specialty oils production company with its headquarters at

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

Maharashtra Maharashtra () is a state in the western peninsular region of India occupying a substantial portion of the Deccan Plateau. It is bordered by the Arabian Sea to the west, the Indian states of Karnataka and Goa to the south, Telangana to th ...

. It has primarily engaged in manufacturing of petroleum specialties such as

transformer oil Transformer oil or insulating oil is an oil that is stable at high temperatures and has excellent electrical insulating properties. It is used in oil-filled wet transformers, some types of high-voltage capacitors, fluorescent lamp ballasts, and so ...

s, liquid paraffin and white oils, petroleum jellies, synthetic petroleum sulfonates and other specialties. Savita Oil has been ranked ''#42'' in Fortune Next 500 list under lube oil and lubricants category, by

Fortune India ''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The ...

. The company is also involved in manufacturing of automotive and industrial

s. In 2018, the company relaunched Savsol, a domestic brand of

s and engine oils.

History

The company has been listed on

Bombay Stock Exchange BSE Limited, also known as the Bombay Stock Exchange (BSE), is an Indian stock exchange based in Mumbai. It is the 6th largest stock exchange in the world by total market capitalization, exceeding $5 trillion in May 2024. Established with t ...

and National Stock Exchange since 1994. It operates three manufacturing plants in

Western India Western India is a loosely defined region of India consisting of western states of India, Republic of India. The Ministry of Home Affairs (India), Ministry of Home Affairs in its Western Zonal Council Administrative divisions of India, Adminis ...

. Its Lube Oil manufacturing plant situated at

Silvassa Silvassa is a city and the headquarters of the Dadra and Nagar Haveli district in Union territory of Dadra and Nagar Haveli and Daman and Diu in western India. It is today the largest city in the union territory. The city was chosen as one of t ...

, is a fully automated manufacturing unit and has been certified for ISO 9001:2015 & ISO 14001:2015.

Partnership

In 2018,

Tata Motors Tata Motors Limited is an Indian Multinational corporation, multinational Automotive industry, automotive company, headquartered in Mumbai and part of the Tata Group. The company produces passenger cars, cars, trucks, vans, and busses, buses. T ...

signed an agreement with Savita Oil Technologies to manufacture and provide original oils for their

passenger vehicle A car, or an automobile, is a motor vehicle with wheels. Most definitions of cars state that they run primarily on roads, seat one to eight people, have four wheels, and mainly transport people rather than cargo. There are around one billio ...

brands.

References

External links

Official website
Oil and gas companies of India Petrochemical companies of India Technology companies established in 1961 1961 establishments in Maharashtra Indian brands Energy companies established in 1961 Companies based in Mumbai Companies listed on the National Stock Exchange of India Companies listed on the Bombay Stock Exchange {{India-company-stub