.png)
How to Start Petrol Pump Business In India | Cost | License
Krishna
How to start a profitable petrol pump business in India? Learn the cost, requirements & process to open a petrol pump in Maharashtra, Gujarat or Karnataka. Understand how petrol pump business
The petrol pump business is a lucrative industry not just in India, but worldwide due to the increasing demands of transportation and logistics. With the rising necessity of personal vehicles, owning a petrol pump business has become a feasible option. Despite the legal obligations and paperwork involved, it remains one of the most profitable businesses in India. In 2023, the Oil Marketing Companies are striving to create more opportunities to boost the growth of the petrol pump business in India. Don't miss out on the chance to start your own successful petrol pump business!
Are you interested in opening a petrol pump business in India, but don't know where to start? Look no further! In this comprehensive discourse, we will guide you through the process of starting your own petrol pump business. From understanding the legal requirements to analyzing the market demand, we've got you covered. So, if you're ready to turn your entrepreneurial dreams into reality, read on and discover the steps to opening a successful petrol pump business in India.
Eligibility Criteria for Opening a Petrol Pump Business in India
Opening a petrol pump business in India requires meeting certain eligibility criteria to qualify.
Firstly, the applicant must be an Indian citizen with a valid identity card.
In case of an NRI or Non-resident Indian, the applicant must have lived in India for at least 180 days before applying for a petrol pump. Additionally, the applicant must be between the ages of 21 to 55 years.
If you meet these eligibility parameters and are interested in starting your own petrol pump business, you're one step closer to realizing your entrepreneurial dreams!
Educational Requirements to Open a Petrol Pump Business in India
When it comes to opening a petrol pump business in India, applicants must provide certain documents as proof of eligibility.
A birth certificate is required and a 10th class mark sheet serves as proof of age.
Additionally, applicants must meet certain educational qualifications, such as being a 12th pass for General category applicants and at least 10th pass for SC/ST/OBC applicants.
For those opening a petrol pump in urban areas, a graduate degree is required.
However, minimum education criteria do not apply for freedom fighters under the CC2 category. It is important for applicants to gather all necessary documents and meet eligibility requirements before embarking on the journey of opening a petrol pump business.
Minimum Land Requirement for Opening a Petrol Pump
When it comes to getting a petrol pump dealership, meeting specific land criteria is crucial. To begin with, petrol companies generally advertise sanctioned land locations. Hence, an individual must ensure that their land falls under the specified category before applying. To meet the land criteria for a petrol pump dealership, applicants must either own the land or lease it for the period agreed upon by the oil dealership. Additionally, the land should be easily accessible and must be developed and leveled. All legal documentation of the land must also be in place for the verification process. Furthermore, depending on the location, the land area must be at least between 800 sq. meters to 2000 sq. meters. Meeting these land criteria is essential for individuals looking to obtain a petrol pump dealership in India.
Shop For Your Petro Pump