LATARE MAHARAJ PETROLEUM PRIVATE LIMITED

In their own words

As diesel is carried in barrel, it is highly unsafe, as chances of spills and ignition are very high. Also there is a big threat of theft all along the way. Tie ups between the vendor/technician and RO is very likely to happen. Practically, there is no way to check over billing. No way to check the Quality and Quantity (Q & Q) of the product. Difficult to ascertain the amount of diesel consumed per Genset. Some vendors also store HSD on site to minimize their travel cost. Vendors take long time for reconciliation of their bills. Misplaced/Lost fuel receipts leads to confusion in reconciliation. We are solving problem of the industry where Diesel is running their businesses & we are helping them to deliver this key product via our innovative model. Indian economy, owing to its attractive demographic dividend is believed to be the next big thin in the World economy by many experts. But there is a word of caution too for India. Indian economy made a promising start to the 21st century and showed signs of China-like growth but all of it ebbed and flowed in the subsequent years. Now the question is can India also look towards the new growth model adopted by China? Quite recently the Government of India made its dream of making a 5 trillion dollar economy vocal. India would do great if we reach anywhere close to this target in the stipulated amount of time. The Indian government is tasked with the difficulty of boosting domestic consumption and encouraging growth but there is a limitation on how much the Government can stimulate the growth by letting the inflation run too high. Also to create jobs for crores of people is no mean task. In such a scenario, Indian Government is also looking to make use of the enterprise led model. Where Indian Startups would be helped and encouraged to spur the growth, add value to the economy and create huge employment opportunities. To achieve this GoI in recent past has come up with a slew of measures for startups like smoothening the processes, tax rebates and incubation for them.

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