Public sector oil companies such as IOC and ONGC will launch a portal to provide information on their capital goods requirements to domestic industry in line with the government’s Aatmanirbhar Bharat campaign.
The portal “aims to highlight the capital goods requirement of oil and gas majors besides the items related to maintenance, repair, and overhaul (MRO),” an Indian Oil Corp (IOC) press release said here.
It will provide opportunities to new entrepreneurs and existing manufacturers to invest and expand their manufacturing base in India.
“This portal shall also provide real-time data, along with visual indicators in the form of graphs and charts, to facilitate decision making for the apex management and other stakeholders,” it said.
