Private companies plans fuel pumps in small cities
With the government allowing petrol prices to be market driven, private retailers are now looking to tap urban markets, especially the smaller cities, where auto demand is on the rise. Essar Oil, which is now operating 1,340 outlets, is planning to increase to 1,700 by March 2010. The new retail outlets will be distributed across the country, including cities across the country. Now, these fuel outlets will pump up new business opportunities for those signage players engaging in this inbdustrial segment.
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