BusinessK Puspa29 Jun 2026

"India's infrastructure is evolving at an unprecedented pace, creating the foundation for a more resilient and connected future. Through this joint venture with Shell Gas B.V. and Tiki Tar, we are bringing together world-class technology, advanced blending capabilities and BPCL's extensive manufacturing and distribution network to strengthen the performance bitumen sector. Together, we will make next-generation road construction technologies accessible across the country, contributing to infrastructure that is shaping the future of India while staying true to BPCL's purpose of Energising Lives."
“India’s road sector is witnessing unprecedented growth, and the demand for highly durable valueadded bitumen is accelerating. By partnering with established industry leaders, BPCL is taking a decisive step to expand our product portfolio and meet the stringent quality demands of mega-projects under the Bharatmala Pariyojana. We bring our vast sales network to the table, which will empower this joint venture to secure significant government and infrastructure contracts, ensuring collective growth and long-term profitability.”
“This joint venture represents the coming together of complementary strengths built over decades. Shell’s global expertise and legacy of innovation in advanced bitumen solutions, combined with Tiki Tar’s extensive panIndia manufacturing capabilities, have already created a strong foundation since 2019. With BPCL joining as a strategic partner, we are not just strengthening the partnership but unlocking new possibilities to transform the bitumen landscape. Together, we are well positioned to redefine industry benchmarks, drive innovation, and support India’s shift towards more durable and resourceefficient road construction.”
“For over six decades, Tiki Tar has been a premier provider of construction solutions in India. Our contribution to this joint venture lies in our robust, on-ground manufacturing footprint and cost-effective production. Across our six state-of-the-art plants Taloja, Halol, Palwal, Mangalore, Vizag and Pithampur we provide the JV with immediate, scalable production capacity. Combined with BPCL’s market reach and Shell’s technology, we are uniquely positioned to lead the VAB market."
"This partnership marks a significant step in strengthening BPCL's Industrial & Commercial Solutions portfolio with high-performance, value-added bitumen products. By bringing together Shell's advanced technology, Tiki Tar's manufacturing expertise, and BPCL's extensive market reach, we are well positioned to deliver innovative, durable solutions that support India's rapidly growing infrastructure sector while creating long-term value for our customers."