“Most of the challenges will happen on the highways where diesel is the most dominant fuel. It makes no sense to ring-fence the retail marketing of oil products solely for the oil companies. Abroad, ‘independent’ oil retailers account for as much as half the retail offtake of petro-goods. We need similar opening-up here.It would boost realisations in the larger retail industry and improve service quality at the oil pumps. We definitely need much more competition in India’s large and growing oil economy.

Source: Economic Times October 19, 2016 19:30 UTC