Who Dominates India's Petrol Market? Check The Shares

India's petrol retail market is led by central govt state-run oil companies. In FY2024-25, Indian Oil (IOCL) held approximately 39.1% market share, followed by BPCL at 26.9% and HPCL at 24.6%. Among private players, Nayara Energy accounted for around 5.7%, while Reliance-BP (Jio-bp) held 3%. These figures reflect petrol sales, not the overall fuel market.