Key Points
Private players are grabbing a larger share of India's growing aviation fuel business as they expand their supply networks and stitch more deals with airlines.].
Reliance-BP and Shell-MRPL, the two private sector joint ventures, expanded their market share to 9% in February from 5.5% in the same month last year..
Reliance-BP's share rose to 5.4% in February from 3.3% a year earlier and 3.9% in 2022..
Margins on jet fuel exports are slightly lower than on domestic sales, said an industry executive, explaining the incentive for private players to expand domestic market share..
Without open access at airports, it could have been difficult for private fuel suppliers to compete with state-run oil companies, which control supply infrastructure..
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