{"id":304104,"date":"2019-12-04T12:01:25","date_gmt":"2019-12-04T06:31:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=304104"},"modified":"2019-12-04T12:12:55","modified_gmt":"2019-12-04T06:42:55","slug":"opening-up-of-auto-fuel-retailing-doesnt-worry-us-indianoil-chief","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/opening-up-of-auto-fuel-retailing-doesnt-worry-us-indianoil-chief\/","title":{"rendered":"Opening up of auto fuel retailing doesn\u2019t worry us: IndianOil chief"},"content":{"rendered":"<p>India\u2019s largest auto fuel retailer Indian Oil Corporation Ltd (IndianOil) says it is not just about having petrol pumps; the real challenge is to make them work 24&#215;7, 365 days.<\/p>\n<p>The government recently liberalised the fuel retail policy, allowing non-oil companies also to enter the business.<\/p>\n<p>According to Sanjiv Singh, Chairman IndianOil, \u201cNow there is much more opportunity for medium and smaller players to come in. More healthy competition means better service for consumers.\u201d<\/p>\n<p>Asked if IndianOil, which has 28,237 petrol pumps out of 66,408 in the country as on November 1, felt threatened by competition, Singh told BusinessLine: \u201cIn terms of competition, the sector is already working on matching global prices \u2014 it is not a cost-plus model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s largest auto fuel retailer Indian Oil Corporation Ltd (IndianOil) says it is not just about having petrol pumps; the real challenge is to make them work 24&#215;7, 365 days. The government recently liberalised the fuel retail policy, allowing non-oil companies also to enter the business. According to Sanjiv Singh, Chairman IndianOil, \u201cNow there is much more opportunity for medium and smaller players to come in. More healthy competition means better service for consumers.\u201d Asked if IndianOil, which has 28,237 petrol pumps out of 66,408 in the country as on November 1, felt threatened by competition, Singh told BusinessLine: \u201cIn [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-304104","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=304104"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/304104\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=304104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=304104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=304104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}