Sonalika Tractors registers 42.1% sales growth in May 2022

According to Sonalika Tractors, factors such as consistent increase in MSP, improved rabi procurement and timely arrival of monsoon will set up viable platform for agriculture activities
Sonalika Tractors registers 42.1% sales growth in May 2022
Sonalika Tractors registers 42.1% sales growth in May 2022

India’s one of the major tractor manufacturing companies, Sonalika Tractors has witnessed a 42.1 per cent sales growth in May 2022 with a sale of 12,615 tractors as compared to 8,878 tractors sold in the corresponding month in 2021. In May 2022, the demand for tractors has grown extraordinarily.
Sonalika Tractors also expanded its region-centric, customised tractor range in May’22. During the month, the company introduced two new tractors – ‘Sonalika Sikander RX 50 with 12 F + 3R transmission’ for Madhya Pradesh farmers to deliver powerful performance. This was followed by the launch of ‘Sonalika MM 18 Narrow Track’ launched especially for Gujarat farmers that are into orchards and vineyards later during the month. Both tractors are designed to set new benchmarks both in power and mileage while delivering an unmatched performance as well as affordability.

Underlining the performance, Raman Mittal, Joint Managing Director, International Tractors Limited, the holding company of Sonalika Tractors said, “It feels invigorating as all our concerted efforts have resulted in another electrifying performance by Sonalika in May’22. With a record 42.1 per cent growth, we have registered our highest ever May sales of 12,615 tractors. Sonalika truly believes in addressing specific farmer requirements and deliver dynamic tractor performance as well as affordability for farmers’ peace of mind.”

“Favourable factors such as a consistent increase in MSP by government, improved rabi crop procurement and now the timely arrival of monsoon in the country will set up a viable platform for agriculture activities to flourish in FY’23,” Mittal added.

Read more: How have been the sales of Mahindra Tractors in May 2022? Know here… is now on Telegram. Click here to join Rural Marketing on Telegram and stay updated with the latest news and updates on rural business and the economy.

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