What's the procedure to open a fuel station in India
To begin with, you need to get in touch with oil companies which are looking for franchise partners. The very first step of the process is to apply for a new petrol pump dealership. Unlike earlier, applying for a petrol pump has become extremely easy. You can opt for companies likes Reliance, BPCL, Nayara Energy etc. As for Nayara Energy, they provide a form which will ask for personal details and details about the land- size, location, distance from the highway, distance from nearest petrol pump etc. They will access the location and get back to you if they are interested. As for the capital required to open a petrol pump depends on the location of the land. It wouldnu2019t come as surprise to anyone that the investment for petrol pump dealership in an urban area will be higher as compared to the investment required to set up a petrol pump in a rural area. To put in numbers, a total investment of 15-40 lakh will be required.
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