India’s top state-run fuel retailers are collaborating and often investing in startups to solve several vexing issues facing the companies. For Indian Oil Corp, corrosion of its pipelines has been an enduring problem. The country’s largest fuel retailer spends Rs 70,000 ($988.5) per kilometre annually to maintain its pipeline and with the task of monitoring a 13,000km-long network, the cost of keeping the pipeline network healthy is mammoth.
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