India: Bharat's MD Underlines Importance of Retail & Ancillary Income

Bharat Petroleum Corporation Limited (BPCL) will set up retail stores at its 400 petrol pumps in the country. The corporation is planning to enter the retail as well as other ancillary incomes from entertainment and advertisement sector, said BPCL Managing Director Ashok Sinha at the Indian Institute of Technology, Kanpur.

Bharat Petroleum Corporation Limited (BPCL) will set up retail stores at its 400 petrol pumps in the country. The corporation is planning to enter the retail as well as other ancillary incomes from entertainment and advertisement sector, said BPCL Managing Director Ashok Sinha at the Indian Institute of Technology, Kanpur.

Mr Sinha was speaking at the annual general meeting of the institute’s alumni association. Several alumni were conferred with Distinguished Alumnus Award (DAA) and Satyendra K Dubey Memorial Award. DDA is the highest award given by institute to its alumni in recognition of their achievements.

Sinha, who received the DDA award, said BPCL also plans to enter to enter the entertainment sector by introducing film theatres in Gujarat. He underlined the importance of generating incomes from ancillary services and at the same time providing services for the local communities. He added efforts were on to supply cooking gas to the residents of Kanpur through piped natural gas network.