The energy retail sector in India has undergone a significant transformation in recent years. With the advent of cutting-edge technologies such as artificial intelligence, user-friendly applications, IoT, and cloud-based services, as well as new business models, conventional energy distribution methods are being replaced by more advanced, innovative, and efficient systems.
One such disruptive business model that is revolutionizing the energy retail industry is doorstep fuel delivery. With doorstep delivery businesses, consumers can now get fuel delivered to their doorstep. It has gained significant momentum due to its convenience, affordability, and efficiency. In a country like India, the world’s third-largest oil consumer, the demand for energy is increasing every day.
According to a report, the consumption of fuel has risen by 5 per cent in 2023 with 4.82 million barrels per-day (18.5 million tonnes). This is the 15th continuous year-on-year rise that the industry is witnessing, while being the highest recorded data compiled by the Indian Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC) from 1998.
How easy is it now to purchase fuel?
As easy as a few taps on an application on your smartphone, and the fuel will be delivered to your doorstep. This model completely eliminates the need for consumers to travel to fuel delivery stations and it saves them valuable time, effort, and money. It is pilferage free, spillage free, and adulteration free. Doorstep fuel delivery also helps to reduce traffic congestion on roads leading to fuel stations, which can have a positive impact on the environment, especially in metropolitan areas.
Share this:
