Fortune‘ G l o b a l 5 0 0 ’ . I t w a s r a n k e d a t 1 3 5 t h p o s i t i o n i n 2 0 0 7 .

I t i s
a l s o t h e 2 0 t h l a r g e s t p e t r o l e u m company in the world.Indian Oil
Corporation Ltd. is currently India's largest company by sales with a turnover of
Rs.247,479 crore (US $59.22 billion), and profit of Rs. 6963 crore (US $
1.67 billion) for fiscal2007.Indian Oil and its subsidiaries today accounts for
49% petroleum products market share in India.
Indian Oil group has sold 59.29mn tonnes of Petroleum including 1.74mn tonnes
of Natural gasin the domestic market and exported 3.33mn tonnes in the yr 2007-
08.
VISION OF IOCL
A major diversified, transnational, integrated energy company, with
national leadership and astrong environment conscience, playing a national
role in oil security & public distribution.
MISSION OF IOCL
IOCL has the following mission:
•
To achieve international standards of excellence in all aspects of energy and
diversified business with focus on customer delight through value of products and
services and costreduction.
•
To maximize creation of wealth, value and satisfaction for the stakeholders.
•
To attain leadership in developing, adopting and assimilating state-of- the-art
technologyfor competitive advantage.
•
To provide technology and services through sustained Research and Development.
•
To foster a culture of participation and innovation for employee growth and
contribution.
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To
cultivate
high
standards
of business
ethics and
Total
Quality
Manageme
nt