Rise in fuel sales in 2020 shows signs of economic recovery: IOC
Sat, Jan 2, 2021 8:15 AM

Rise in fuel sales in 2020 shows signs of economic recovery: IOC

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Despite disruptions in commercial activities due to the COVID-19 crisis, sales of motor spirit and diesel have increased during 2020, which indicates a revival of the economy, an official of Indian Oil Corporation (IOC) said on Friday. During 2020, sales of motor spirit have increased by 108 percent and diesel by 96 percent over the previous year, IOC director (marketing) Gurmeet Singh said.

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