IndianOil has been promoting sports for over three decades. In line with the sports policy adopted in 1985, the Corporation has, over the years, recruited many promising sports persons, who went on to reach their peak in their chosen disciplines. The purpose of recruiting sportspersons is to nurture their talent early on, enhance their performance at the National & International level & bring laurels for the Company and the Country.

IndianOil introduced a Sports Scholarship Scheme in the year 2006-07 for promising young sports persons representing the  States in team games and National ranking in others. This scheme started with 55 scholarships in 7 games/sports. At present, 250 scholarships in 20 games/sports (Olympic sports categories & other popular games viz. Cricket, Carom, Chess, etc) are awarded to upcoming junior players from 13 to 16 years of age in two categories viz. Elite Scholar and Scholar. The scholarship amount varies from ` 15000/- to 19000/- per month for Elite Scholars and 12000/- to 16000/- per month for Scholars for a period of 3 years and cost of kit items is also paid by IndianOil. In addition, IndianOil also provides assistance towards travel, lodging etc. for scholars in individual games. During 2018-19, 103 sportspersons benefitted from the scheme and since inception, more than 900 sports persons have benefitted from Indian Oil Scholarship scheme.