MUMBAI: In line with the Government of India's flagship door-to-door delivery (DDD) of fuel initiative, mobile fueling platform TankUp will guide 1,000 new entrepreneurs in setting up and running a business in DDD of diesel. DDD is intended to build a strong ecosystem for entrepreneurs in the mobile fueling sector. The DDD market currently is 0.3 million KL and has the potential to grow to about 10 million KL of diesel annually in next five years, creating a ₹80,000 crore market. Approximately 26 million KL of the market is currently serviced through the barrel and jerry can procurement system that results in pilferage and handling losses. "TankUp’s mobile fueling solutions have enabled fuel entrepreneurs to deliver more than 1 crore litres of diesel to their industrial and stationed clients.

Source: Mint May 29, 2021 06:33 UTC