Skip to main content

Sonalika Tractors exports registers growth of 90%

Sonalika Tractors exports recorded a robust growth of 90 percent with sales of 2,082 tractors as compared to 1,095 units same period last year

Sub Category:

International Tractors Limited (ITL), the makers of Sonalika and Solis tractors is fully geared up for the upcoming season. The company has registered an overall sales growth of 23.2 percent with 7,369 tractors in August 2018 as compared to 6,036 tractors same period last year.

Exports recorded a robust growth of 90 percent with sales of 2,082 tractors as compared to 1,095 units same period last year.

Commenting on the sales, Raman Mittal, Executive Director, Sonalika Group said, “We are delighted with the overall growth of 23.2 percent which was driven by phenomenal growth of 90 percent in exports. The growth in exports is resultant of our wide distribution network across different markets. All time high performance of Asia and Europe markets has helped to achieve this extraordinary growth”.

“In the domestic market, with the onset of festive season, we are optimistic that the industry should continue to grow at healthy pace, driven by positive farmers’ sentiments,” he added.

Focussing on customer centricity, Sonalika ITL has built the World’s No.1 Largest Integrated Tractor Manufacturing Plant in Hoshiarpur, Punjab to provide the best customised solution to farmers in India and to over 100 countries. This world class plant is fully equipped to manufacture each component required in making of a tractor- from sheet metal to the whole tractor. The company manufacturer more than 1000 variants in 20-120HP category suited to the varied needs of farmers globally.

Sonalika ITL export tractors to over 100 countries and stand strong as the 3rd largest tractor manufacturing company growing rapidly by providing best customised solutions. With the understanding that each farmer growing different crops have different needs Sonalika offers customised 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 Government of India as a contributing partner with NITI Aayog for doubling farmer’s income by year 2022.

3 Votes with an average with 3.4

Related Story

Focused attention needed to meet India’s food needs: Chemicals Secretary

P. Raghavendra Rao, Secretary, Department of Chemicals & Petrochemicals, Government of India today said that India faces a big challenge in meeting its food needs and thus requires a focused…

3rd phase of PMGSY gets CCEA approval

In a major boost to rural road connectivity across India, the Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has given its approval for the launch of Pradhan…

How ISRO brings transparency in MGNREGS?

In order to bring transparency and to eliminate corruption in rural development works, National Remote Sensing Centre (NRSC) an organisation of Indian Space Research Organisation (ISRO) has geo-…