IndianOil observes Productivity Week
Mumbai   18-Feb-2008
In his message on the occasion of the 'Productivity Week' being observed during 12 to 18 February 2008 across IndianOil Refineries and offices, B N Bankapur, Director (Refineries) stated that "In order to achieve a higher economic growth rate, the corporate sector needs to look at sustainable development challenges not only as a component of corporate social responsibility, but also as a business opportunity At IndianOil this philosophy is well practiced and can be seen in action at all refineries. Various activities to promote productivity and performance are being organized during the week. IndianOil refineries employ state-of-the-art technology, which is regularly upgraded. It is our constant endeavour to create our own benchmarks, which will definitely lead to increased productivity and thereby better margins and profitability. There is a greater focus on improving gross refinery margins, infrastructure development, reliability, improvement and improving profitability"