Celebrating 40 Years of Excellence
In 1985, when India’s lubricant industry was still taking shape, one visionary believed that the future of mobility and industry would rest on performance-driven, reliable, and world-class lubricants. That visionary was Mr. Paras Bansal, whose dream gave birth to Paras Lubricants Limited, today recognized globally under the brand name “PALCO”
What started as a modest venture quickly grew into a trusted brand, admired for its quality, innovation, and customer-first values. Forty years later, PALCO stands tall as a name synonymous with excellence, serving millions of vehicles, industries, and businesses across India and beyond.
From Humble Beginnings to Industry Leadership
The early years were all about laying strong foundations. With a relentless focus on quality control and performance, PALCO gained confidence among customers and industries alike. By 1995, PALCO’s growth led to its transformation into a public limited company, signaling its ambitions for national leadership and global expansion.
At the core of PALCO’s success lies our state-of-the-art manufacturing facility in Daman, Union Territory. Established as a hub of advanced production, this unit has become the backbone of our operations, churning out a diverse portfolio of lubricants tailored to meet the needs of modern industries. From high-performance engine oils that keep vehicles running smoothly to specialized greases and industrial fluids designed for heavy-duty applications, our Daman facility ensures every product meets stringent quality standards. PALCO’s products reached every corner of the country, building trust among fleet owners, OEMs, government institutions, and industrial players.
Expanding Horizons Beyond India
The 2010s marked the beginning of a new chapter, global expansion. PALCO recognized the growing demand for reliable lubricants in emerging economies and stepped forward to serve them.
- In 2017, the company established Greenwich Industries Ltd. in Tema, Ghana, to serve West Africa’s fast-growing transport and industrial sectors.
- In 2020, PALCO set up PALCO Petrochem Manufacturing PLC in Addis Ababa, Ethiopia, strengthening its presence in East Africa with world-class manufacturing and supply chains.
Today, PALCO’s footprint extends to 25+ countries across Africa, the Middle East, and Asia, ensuring that the promise of performance and reliability knows no borders.
The Power of Innovation and Sustainability
At the heart of PALCO’s growth is its commitment to innovation. With over 350 skilled professionals and a state-of-the-art R&D facility, the company consistently develops lubricants that meet evolving engine and machinery demands.
This commitment is reinforced by globally recognized certifications that guide PALCO’s operations: ISO 9001 for our commitment to customer satisfaction through consistent quality, ISO 45001 for health, safety, and workplace well-being, and ISO 14001 for turning environmental responsibility into measurable action. Together, these certifications are not just badges of compliance but frameworks that provide structured, systematic approaches to managing quality, safety, and sustainability across every process at PALCO. They reflect how we align performance with people and the planet, ensuring that excellence is embedded in everything we do.
From next-generation engine oils that improve fuel efficiency to specialty greases that extend equipment life, PALCO ensures that every product reflects its philosophy: efficiency, reliability, and sustainability.
At PALCO, Sustainability means ensuring that nothing goes to waste. Our zero-discharge plant initiative is focused on complete utilisation and treatment of every by product generated during manufacturing. Our Lubricants are engineered with advanced formulations that are fuel efficient, eco-friendly and designed to reduce carbon footprint.
PALCO relies on Life Cycle Assessments, a “Cradle to Grave” approach that evaluates the environmental impacts of a products at every stage. This results a production model that does more with less ensuring every drop of resource adds values without adding unnecessary environmental burden.
Sustainability cannot be achieved by infrastructure alone, it requires peoples. At PALCO we believe in empowering our employees to be champions of sustainability through awareness sessions, training workshops, and green campaigns.
That’s why PALCO has committed itself to a series of initiatives that makes business greener, smarter and more meaningful!
A Legacy Built on Trust
For PALCO, success has always been about more than just manufacturing lubricants. It is about building long-lasting relationships, delivering consistent value, and standing by customers through every challenge. Recognition as a One Star Export House underscores its credibility, but PALCO’s greatest strength remains the trust it has earned from millions of partners and customers over four decades.
As PALCO celebrates four decades of success, it does so with gratitude, for its employees, distributors, partners, and millions of loyal customers who made this journey possible.
But this milestone is not an endpoint; it is a new beginning. With its mission to deliver superior-quality lubricants at true value, and its vision of becoming a global benchmark for excellence, PALCO is ready to write the next chapter of its story.
From a single vision in 1985 to a global name in lubrication by 2025, PALCO’s journey is proof that with innovation, trust, and determination, milestones turn into legacies.
Here’s to 40 incredible years, and to many more ahead!
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