Industry News

Sonalika Tractors recorded sale of 9714 units, amplifying the growth journey in May’18

New Delhi, June 4, 2018: India’s youngest and No.1 tractor brand across 4 countries, International Tractors Limited (ITL), makers of Sonalika tractors, which has built the World’s No 1 integrated tractor manufacturing plant in Hoshiarpur, recorded a robust growth of 16.5% with a total sale of 9714 units in the month of May as against 8335 units same period last year.

Commenting on the same, Mr. Raman Mittal, Executive Director Sonalika ITL stated,“We are delighted with our remarkable performance in initial months of FY’19. This has strengthened our confidence to perform better in coming months. We believe with our strong focused efforts we will definitely register healthy growth this year as well. With the arrival of monsoon in Kerala, we are looking at a favorable monsoon across which will boost farmer sentiments. The impressive growth trajectory across international and domestic markets has led us to stand strong as one of the market leaders and No.1 tractor brands across 4 countries. We at Sonalika are constantly working towards the aim to provide the best agriculture solutions which can increase the productivity and earnings of farmers”.

About Sonalika International Tractors Limited

Being farmer centric at its core, India’s youngest and fastest growing tractor brand, Sonalika International Tractors Limited has built the World’s No.1 largest integrated tractor manufacturing plant in Hoshiarpur. This world class plant is fully equipped to manufacture each component required in making of a tractor- from sheet metal to the whole tractor. Being India’s youngest and fastest growing tractor brand, Sonalika ITL export tractors to over 100 countries and holds leadership position across 4 countries. The company in India stand strong as the 3rd largest tractor manufacturing company growing rapidly by providing best customized solutions.

With the understanding that each farmer growing different crops have different needs Sonalika offers customized solutions in the widest heavy duty product range from 20-120HP. This farmer centric approach acts as an enabler to earn trust of over 8 lakh farmers globally and being chosen by Govt. of India as a contributing partner with NITI Ayog for doubling farmer’s income by year 2022.

With the new futuristic plant, a well-equipped state-of-the-art research and development center, consistency in the quality of products and services and with a robust growth year on year, Sonalika is on a path of becoming the No.1 Global Tractor brand.

 

Sangeeta Soi

Krishi Jagran/New Delhi


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