IOCL SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP

Published by MBA Skool Team, Last Updated: April 12, 2020

SWOT analysis of IOCL analyses the brand/company with its strengths, weaknesses, opportunities & threats. In IOCL SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like IOCL to benchmark its business & performance as compared to the competitors and industry. As of 2020, IOCL is one of the leading brands in the energy & power sector.

The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top IOCL competitors and includes IOCL target market, segmentation, positioning & Unique Selling Proposition (USP).

IOCL SWOT Analysis, Competitors, Segmentation, Target Market, Positioning, USP & Brand Analysis Table

Indian Oil Corporation Limited (IOCL)

Parent CompanyIOCL
Category

Oil & Gas

Sector

Energy & Power

Tagline/ Slogan

The energy of India

USP

Indian Oil Corporation (IOCL) is India's most well reknowned brand

IOCL STP
IOCL Segmentation

Corporates, countries, individuals looking to fulfill energy needs

IOCL Target Market

Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses

IOCL Positioning

IOCL provides energy, fuel and gas to entire India

IOCL SWOT Analysis
IOCL Strengths

Below are the Strengths in the SWOT Analysis of IOCL:

1. IOCL is India's largest commercial enterprise with a strong brand name
2. Indian Oil has petroleum products, fuels, lubricants, petrochemicals etc
3. Operates many refineries in India
4. Huge distribution network through retailing makes Indian Oil a popular brand name
5. Accounts for a majority share in the petroleum products market and substantial share in refining capacity and downstream sector pipelines capacity in India
6. IOCL has over 35,000 employees
7. Loyalty programs like XTRAPOWER Fleet Card Program is aimed at Large Fleet Operators

8. IOCL's pipeline in India spans more than 11,000km making it one of the largest globally

9. Strong branding and marketing exercises through TVC, sponsorships, print, online ads etc make Indian Oil a top brand

IOCL Weaknesses

Here are the weaknesses in the IOCL SWOT Analysis:

1. High competition from other oil companies means limited market share growth

2.Bureaucracy affects the operations of a government controlled company like IOCL

IOCL Opportunities

Following are the Opportunities in IOCL SWOT Analysis:

1. IOCL can tap on increasing demand and higher fuel/oil prices
2. Increasing natural gas market for industries and transportation
3. Global expansion with tie-ups with international oil companies

4. Acquisition of smaller companies can further strengthen the position of IOCL

IOCL Threats

The threats in the SWOT Analysis of IOCL are as mentioned:

1. Government regulations can slow down business
2. High Competition means limited market share for IOCL

3. NGOs and environment focused companies can be an obstacle in business

IOCL Competition
Competitors

Below are the top 4 IOCL competitors:

1. Bharat Petroleum

2. Hindustan Petroleum

3. ONGC

4. Reliance Industries Limited


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to IOCL. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.

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