Govt allows state-run oil marketing companies to open nearly 56K new fuel pumps across the country

The government has allowed the state-run oil marketing companies, OMCs to go for a massive expansion of their retail operations by opening nearly 56,000 new fuel pumps across the country. The move is expected to boost employment generation and an investment of thousands of crores of rupees.

An official of the Indian Oil Corporation Limited Parth Vora told reporters in Mumbai that the expansion has been undertaken to meet the growing fuel needs and convenience of customers in emerging markets like the upcoming highways, agricultural pockets and industrial hubs.

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