Castrol India Ltd. Launches Castrol Magnatec with Intelligent Molecules

Mumbai, Maharashtra, India

Castrol India Limited today unveiled Castrol Magnatec, a specially formulated engine oil, using synthetic technology, with the unique proposition of "Intelligent Molecules". The announcement was made at the finals of the Castrol Magnatec Intelligent Corporate Cricket tournament held at the Goregaon Sports Complex in Mumbai.

Elaborating on the launch of Castrol Magnatec, Mr. V. Srikanth, Vice President Marketing, Castrol India Limited explained, "The sales in the mid-segment (segment B and segment C) category of the passenger car segment has seen a surge over the last decade owing to the rapid growth in the personal mobility space. The car owners of this segment are relatively less involved with the maintenance of their car yet seek reliable performance from their vehicle and are willing to pay a premium for the right maintenance and service. Castrol Magnatec has been formulated with synthetic technology that forms a stronger layer of protection from the moment you turn on the ignition thus ensuring that the engine performs at its peak for a longer duration."

Typically, maximum wear and tear occurs to the engine during start up as the oil drains out if it has been turned off for a long period. The molecules in Castrol Magnatec are attracted to the surface area of the engine and bond to the metal surface thereby making it resistant to damage during start-up. Thus, the unique proposition of intelligent molecules that know where to go.

Speaking on the occasion, Rahul Dravid, Brand Ambassador, Castrol Magnatec, said, "I am happy to be associated with a high performance brand like Castrol that incorporates cutting edge technology in all its products so as to bring out the best performance from the engine. The launch of Castrol Magnatec comes as a good news to those car owners who care about their vehicle and believe in giving the best to their car."

In an effort to bring about awareness of the launch of Castrol Magnatec among its consumers Castrol India Ltd. had organized the Castrol Magnatec Intelligent Corporate Cricket tournament. More than 200 corporates were targeted across Delhi, Mumbai and Bangalore for this activity. On the 13th and 14th of October, corporate India padded up to compete in the Castrol Magnatec Intelligent cricket. Vijay Yadav (ex Wicket Keeper) of India with his team of Ranji trophy players as the match consultants, Umpires of international repute and the perfect pitches, the teams battled it out on the field. Some of the big Corporate names included the likes of ICICI Bank, HDFC Bank, Standard Chartered, Accenture, Times of India , Star News, Sahara , ABN Amro , Axis Bank, Jet Airways , HLL, IBM, Airtel, Hero Honda, Yamaha, Alcatel, Siemens, Infosys, Dell, Zee TV and a host of others. The finals today saw a tough fight by the Magnatec Champs of all four regions Mumbai - ICICI, Delhi - Make My Trip, Bangalore - AXA Business Services & Kolkatta- DPSC. AXA - Business Services from Bangalore put up a winning performance and received their trophy from Rahul Dravid and have won a team trip to Egypt.

About Castrol India Limited

Castrol India Limited is a public limited company in which 70.92 % of the paid-up capital is held by Castrol Limited, U.K which is a part of BP Group worldwide. Starting off as a trading unit in India, Castrol has grown to become the largest lubricant company in the retail automotive segment. Castrol has constantly demonstrated its commitment to Indian consumers by offering world class products, backed by the highest level of customer service. Castrol India is acknowledged as the technology leader in the Indian lubricant industry.

For more on Castrol India, visit www.castrol.co.in

To view the photographs click the links below:

Rahul Dravid and V Srikanth

Rahul Dravid

Source: Castrol (Business Wire India)

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