Petrol Pumps can make you rich - here’s how can you start your own.

First, you have to approach one of the 6 Oil Marketing Company like Indian Oil, Bharat Petroleum or Hindustan Petroleum. You can wait for a tender or apply directly on the Oil Marketing Company’s website.

In order to start a Petrol Pump, you need to have 17 gunthas or approximately 17,000 square feet of land to use as the pump. Then you need to sign a 29 year contract with the Oil Marketing Company that the land cannot be used for anything except the petrol pump for 29 years.

Once you sign the contract, you have to build the canopy, underground tanks, roads and everything else needed for the pump which should cost about 1-2 crores.

Now you have your own petrol pump.

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