After Jio Mobile and Jio Mart, Reliance has prepared to open the Jio Petrol Pump. The company is going to open thousands of petrol pumps in the country. In such a situation, if someone wants to open a petrol pump, then there is a big opportunity for them. British Petroleum (BP) of Britain has taken a 49 per cent stake in Reliance’s fuel retail venture by investing $ 1 billion. The deal was announced last year between the two companies. This deal has now been completed. After this, Reliance and BP together will form Reliance BP Mobility Limited Company. This company will operate under the name of Jio-BP brand. After this, the name of Reliance petrol pump will be changed to Jio-BP and further petrol pumps will be opened with the same name. The company plans to open around three and a half thousand petrol pumps in the next few years. In such a situation, if you are planning to open a petrol pump, then there is a great chance.
Reliance and BP together will lay a network of Jio-BP petrol pumps in the country. According to the information given by the company, the fuel retailing network is to be increased to 5500 fuel stations in the next 5 years. At present it is 1400 nationwide. In this way, 4100 new petrol pumps will be opened. These petrol pumps will be called Jio-BP petrol pumps. At the same time, about 80000 thousand people will also get job opportunity at these petrol pumps. About the new venture, Reliance Industries Chairman Mukesh Ambani said that RBML aims to be the market leader of mobility and low carbon solutions. Through digital and technology, it wants to offer a clean and affordable alternative to fuel for Indian consumers.
Situation of petrol pumps in the country
This is the situation of petrol pumps in the country right now, the government oil companies are dominating the field of petrol pumps in the country. At present there are around 69,392 petrol pumps in the country. Among these, Indian Oil Corporation, BPCL and HPCL have around 62,072 petrol pumps. Similarly, these three companies have 224 out of 256 aviation fuel stations in the country. It is expected that after the formation of this new company, the number of petrol pumps in the country will increase rapidly. According to one information, India will be the fastest growing fuel market in the world in the next 20 years. During this period, the number of passenger cars in the country is estimated to increase nearly six-fold. The joint venture aims to expand its network of more than 1,400 retail outlets to 5,500 over the next five years.
How to apply for Jio-BP Petrol Pump
All information about the Reliance Jio-BP petrol pump is available at https://www.reliancepetroleum.com/businessEnquiry. You can take full details from here. Apart from the rest of the petrol pumps, you can work with the company in various ways ranging from lubricants, trans connect franchisees, A1 plaza franchisees, aviation fuel and more. Franchisee details of these works are on site, people can also apply if they are interested.
Rules for opening petrol pumps in the country
- You must be between 21 and 60 years of age.
- To open a petrol pump, you have to invest Rs 15-20 lakhs.
- You need 1200-1600 square feet of land, if you are in the city, 800 square feet will work.
- You should have proper property papers. Because on applying, the company will validate your land, if it is right, you can get dealership within a month.
