1. ExxonMobil has introduced a range of lubricants in India. Can you elaborate on your recent product launches and business expansions?
As one of the world’s fast-growing economies, India has placed the construction and infrastructure (C&I) industry at the pivot of its growth story. As industry leaders, we, at Mobil™, are pioneering lubrication innovation for the C&I sector with products and services that will positively impact economic expansion. For instance, our Mobil DTE 10 Excel™ Series high performance anti-wear hydraulic oilshelp reduce power consumption and increase machine output. These oils help keep modern hydraulic systems cleaner for longer and have been proven to boost hydraulic efficiency by up to 6 per cent*. Further, our Mobilgrease XHP™ 460 Series extended service lithium complex greases have been designed to outperform conventional products by applying high-performance proprietary lithium complex manufacturing technology. Additionally, we are providing our best-in-class lubrication formulations for the iconic Mumbai Coastal Road Project, a first-of-its-kind infrastructure project in India expected to decongest traffic in Mumbai.
2. What are Mobil's off-highway construction and mining equipment energy-efficient products and practices?
India is witnessing increased focus on public infrastructure development and this, in turn, is driving the need for high-quality off-highway construction machinery. At Mobil, we are formulating best-in-class industrial lubricants and technologies that can help businesses achieve enhanced efficiency and unhindered profitability. To ensure exceptional off-highway engine wear performance and support long engine life, our Mobil Delvac Modern™ 15W-40 Super Fleet is an extra high-performance synthetic technology diesel engine oil that provides excellent lubrication to both on highway and off highway diesel engines. It offers upto 60%** more wear protection than API CI-4 PLUS standards thus reducing engine maintenance cost along with long oil drain interval.
As off-highway equipment often function under adverse conditions, maintaining long gear and bearing life of heavy-duty equipment becomes a challenging task. Here, our Mobilube™ 1 SHC 75W-90 – a fully synthetic automotive gear lubricant – is providing additional support by ensuring increased load-carrying capability, reduced maintenance costs, and longer equipment life. The usage of mineral products to lubricate severe service applications often yields limited results. To combat this roadblock and enhance productivity of off-highway machinery, we have developed superior performance compressor oils under the Mobil Rarus SHC™ 1020 Series to lubricate severe-duty rotary screw and vane air compressors, resulting in cleaner compressors and lower deposits compared to conventional mineral oils.
3. How are lubricants used by Indian mining and construction equipment changing over time?
With growing emphasis on durability, fuel efficiency, reduced oil drain intervals (ODIs), and ensuring overall productivity, the lubricant industry, currently, has become more sensitive to ensuring profitability and productivity. There is a shift from opting for mineral-based to recognizing the benefits of synthetic lubricants that enable machines to achieve increased productivity by ensuring equipment efficiency and reduced machine breakdowns even in extreme temperatures. Businesses are today also more sensitive of micro-efficiencies and their overall impact on surrounding conditions. In addition to these goals, there has been a growing trend of integrating digitalization within core operations to ensure continuous monitoring, through report analyses and timely recovery. These changing trends are modifying how customers perceive the lubrication experience that is driven towards becoming more holistic in providing a comprehensible suite of products, services, and expert guidance.
4. What do you think about India as a market that is expanding quickly and has a vibrant business scene?
We believe that India is an incredibly promising market that is expanding quickly. The C&I sector plays a significant role in advancing economic growth and receives intricate policy attention and investments. Urban and rural development policies along with the National Infrastructure Pipeline (NIP), the 'Make in India' initiative, the production-linked incentives (PLI) scheme, among others, are encouraging the sector to move towards greater profitability. Duly, there is growing diversity in equipment deployed across India’s diverse terrains and conditions with varied functionalities that necessitate the use of superior lubrication solutions along with timely servicing and effective care. Bringing its 150-year-old legacy in superior lubrication formulation, Mobil will remain committed to associating with India’s rapidly growing C&I sector – especially for public utility projects that demand innovation for universal good. We are confident that India is a market that will continue to grow and thrive in the coming years, and we are excited to be a part of it.
5. What are the market expectations and growth trends highlighted until 2030?
The Indian construction sector is expected to increase at a 6.2% annual rate from 2023 to 2026, owing to a robust pipeline of infrastructure projectsand is anticipated to reach $1.4 Tn by 2025. There will be growing expectations from leading lubricant providers to develop profitable solutions that can aid optimal performance in difficult conditions and temperatures. With the coming of digitalization and Industrial Internet of Things (IIoT), reimagining and redesigning of work processes will become imperative for businesses to remain relevant. Digitalization and automation solutions will be the new order in an interconnected industry system marked by the emergence of cyber-physical interfaces, IIoT, AI/ML and cloud computing. Here, the Mobil ServSMLubrication Analysis (MSLA) program is spearheading precise and informed oil monitoring and analysis which allows timely monitoring, course correction, and eliminates sample labelling. Our Mobil ServSM IIoT Insights is also proving to be game-changing in integrating automation with manufacturing efficiency. This platform brings special benefits with AI/ML, automated monitoring and precise analysis that directly benefit machine performance and manufacturing efficiency. The C&I sector will remain relevant as India doubles up on achieving its dream of becoming a USD 5tn economy – and Mobil will remain a firm partner in this journey towards greater efficiency, profitability and prosperity.
*The energy efficiency of Mobil DTE 10 Excel relates solely to the fluid performance when compared to conventional Mobil-branded hydraulic fluids. The technology used allows up to 6% increase in hydraulic pump efficiency when tested in standard hydraulic applications under controlled conditions. The energy efficiency claim for this product is based on test results on the use of the fluid conducted in accordance with all applicable industry standards and protocol. Results may vary based on operating conditions and equipment.
** Based on Cummins M11 EGR/Cummins ISM engine test
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(Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and references to “corporation”, “company”, “ExxonMobil”, “EM”, and other similar terms are used for convenience and may refer to one or more specific affiliates or affiliate groups.)