• Home
  • News
  • Tractor News
  • Sonalika Tractors Registers 71% Domestic Growth; Leads Industry Growth With 11,478 Domestic Sales In November’20

Sonalika tractors registers 71% Domestic Growth; Leads industry growth with 11,478 domestic sales in November’20

Sonalika tractors registers 71% Domestic Growth; Leads industry growth with 11,478 domestic sales in November’20

New Delhi, 01st December 2020: Sonalika Tractors, one of India’s leading tractor manufacturers and the No.1 Exports brand in the country, is thankful to the farmers across the globe for their trust and confidence shown month on month during FY’21 in the company’s technologically advanced, customised product portfolio. The undaunted support of farmers during the pre-season as well as during the festival season as powered the company to clock an extraordinary 71% Domestic growth in November’20 to sell 11,478 tractors, surpassing the est. industry growth of around 49%.Cumulatively Sonalika has overall (Dom + Exports) recorded 92,913 tractors sales in FY’21 YTD (April- Nov’20).

Speaking his thoughts, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “I am pleased to share that our strategy to offer customised farming solutions has won us the farmer’s trust in our technologically advanced products. This noteworthy trust has powered us to surpass industry growth month after month by a significant margin. Our customised tractors and implements are designed with advanced features to offer significant increase in the farmer’s productivity and thus making us the No.1 choice for farmers. Sonalika has sold 11,478 tractors in November’20, registering a remarkable 71% growth which is the highest in the industry and powered us to surpass the industry growth of 49%(Est.).

He added, “As we enter the festive season in southern region, farming activities are at peak during this time of the year. We are fully geared up with our Mahabali series, which is the World’s first Puddling special tractor custom made to meet the crop and soil requirements of southern India farmers. The Mahabali range is designed with advanced features and has been developed especially for the southern states based on valuable consumer insights. It is powered by Maha Torque, Maha Speed and Maha Comfort to significantly increase farmer’s productivity and income level.”

 

We also Offer Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.

Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC

Follow us for Latest Tractor Industry Updates-
LinkedIn - https://bit.ly/TJLinkedIN
FaceBook - https://bit.ly/TJFacebok

Top Tractor News

Dometic Tractor Wholesale Dec 2020 - Mahindra & Mahindra, TAFE, Sonalika, John Deere, Escorts, New Holland and Kubota.

Dometic Tractor Wholesale Dec 2020 - Mahindra & Mahindra, TAFE, Sonalika, John Deere, Escorts, New Holland and Kubota.

The wholesale domestic tractor sales figures for December 2020 are as shown in above table : The Tractor industry has continuously been performing exceptionally well during the Covid era and the month of December 2020 was no exception. In total, 61,249 tractors were sold in the Indian market in December 2020, resulting in a YOY growth of approximately 43% for the Tractor industry. Some of the major driving factors for the strong sales figures include easy availability of finance, restoration of channel inventory after the festive season, higher Kharif output, higher rabi acreage and government support in agricultural produce procurement. Although the domestic market share of Mahindra & Mahindra Farm Equipment Sector (FES) fell from 40.21% in December 2019 to 34.57% in December 2020, its domestic tractor sales increased by 23.01%. The domestic tractor sales stood at 21,173 units in December 2020, against 17,213 units in December 2019.The total tractor sales (including exports of 1,244 units), registered an increase of approximately 25% with 22,417 units, against 17,991 units in December 2019. “The wholesale volumes continued to be strongly fueled by the restoration of channel inventory post the festive season, announcement of hike in tractor prices by major OEMs and anticipation of sustained demand on the back of higher Rabi acreage, GoI support in Kharif procurement and rural development schemes,” Hemant Sikka, President of Mahindra’s Farm Equipment Sector said. Chennai based tractor manufacturer Tractors and Farm Equipment (TAFE) reported a growth of 59.61% in domestic tractor sales in December 2020, with 11,096 units sold against 6,952 units in December 2019. The company's market share increased from 16.24% in December 2019 to 18.12% in December 2020. Sonalika Tractors reported a spectacular growth of 72.03% in domestic tractor sales, with 8,538 units sold in December 2020, against 4,963 units in December 2019. The total domestic market share increased from 11.59% in December 2019 to 13.94% in December 2020. The company reported a 57.65% growth in total global tractor sales with 11,540 units sold in December 2020, against 7,320 units sold in December 2019. Overall, the company registered its highest-ever December sales figures and highest-ever market share of 16.1%. Sharing his viewpoint on the remarkable achievement, Mr. Raman Mittal, Executive Director, Sonalika Group, said, ‘This is momentous occasion as we have taken just three quarters to accomplish what was being achieved annually over the last three years. We have surpassed our entire FY’20 sales to sell over 1 lakh tractors in just 9 months of FY’21, while recording 33.3% growth,which is 3X the industry growth of 12%. Alongside, we have registered our highest ever December sales of 11,540 tractors and highest ever market share of 16.1%. No external hardships like the pandemic, unfavourable factors can deter our passion to develop and offer customised, high-quality products to farmers globally. We have set our standards high with a mission to touch one lakh tractor sales in every six months and achieved 50% of it this year despite a challenging one the entire automotive fraternity. Sonalika has already embarked upon the journey to touch 2 lakh sales mark annually and will continue to introduce cutting edge technologies in the tractor industry while we relentlessly work towards our vision to ‘Lead Agri Evolution’ across the globe.” John Deere recorded domestic tractor sales of 7,315 units in December 2020, up from 4,695 units in December 2019, registering a growth of 55.8%. The company's market share grew from 10.97% in December 2019 to 11.94% in December 2020. Escorts' domestic tractor sales grew by an astounding 89.96% in December 2020 with sales of 7,230 units against 3,806 units in the same month in 2019. Globally, the company recorded its highest-ever December sales at 7,733 units, against 4,114 units in December 2019, registering a growth of 88%. Escorts exported 503 units in December 2020, against 308 units in December 2019, registering a growth of 63.3%. The company's domestic market share also saw an increase from 8.89% in December 2019 to 11.80% in December 2020. Post-lockdown, this is the first month where we could supply as per the demand of customers, some of whom waited long to get their preferred tractor brand, company added. Going forward all macroeconomic factors remain in favour of continued growth and we do not expect any significant supply-demand gaps. Rising Inflation, however, continues to be a worry, it added. Perhaps the only exception to the growing trend of tractor sales among India's top manufacturers was New Holland. The company witnessed a sharp decrease of 19.17% in domestic sales, from 2,358 units in December 2019 to 1,906 units in December 2020. The company's market share also decreased from 5.51% in December 2019 to just 3.11% in December 2020. Kubota Tractors also managed to put up a good show, registering a 32.12% growth in domestic tractor sales, from 1,233 units in December 2019 to 1,629 units in December 2020. However, it's market share marginally decreased from 2.88% to 2.66%. We also Offer Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report. Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC Follow us for Latest Tractor Industry Updates- LinkedIn - https://bit.ly/TJLinkedIN FaceBook - https://bit.ly/TJFacebok

Tractor Retail Sales Increase by 34% in December 2020

Tractor Retail Sales Increase by 34% in December 2020

Tractor Junction's research team created a monthly tractor retail sales report for December 2020. The Tractor industry has continuously been performing exceptionally well during the Covid era and the month of December 2020 was no exception. 67,802 tractors were sold in the Indian market in December 2020, resulting in a YOY growth of approximately 34% for the Tractor industry. The strong sales figures can be attributed to factors such as easy availability of finance, restoration of channel inventory after the festive season, higher Kharif output, higher rabi acreage and government support in agricultural produce procurement. Although the domestic market share of Mahindra Tractors fell from 25.13% in December 2019 to 23.99% in December 2020, its domestic tractor sales increased by approximately 28%. The domestic tractor sales stood at 16,269 units in December 2020, against 12,702 units in December 2019. Swaraj Tractors also registered a commendable growth of approximately 40% in domestic tractor retail sales, with 11,556 units sold in December 2020, against 8,264 units in December 2019. The company's market share increased from 16.35% in December 2019 to 17.04% in December 2020. Sonalika Tractors reported a spectacular growth of approximately 62% in domestic tractor sales, with 9,353 units sold in December 2020, against 5,758 units in December 2019. The total domestic market share increased from 11.39% in December 2019 to 13.79% in December 2020. The company reported a 57.65% growth in total global tractor sales with 11,540 units sold in December 2020, against 7,320 units sold in December 2019. Overall, the company registered its highest-ever December sales figures and highest-ever market share of 16.1%. Chennai based tractor manufacturer Tractors and Farm Equipment (TAFE) reported a growth of approximately 39% in domestic tractor sales in December 2020, with 7,953 units sold against 5,726 units in December 2019. The company's market share increased marginally from 11.33% in December 2019 to 11.73% in December 2020. Escorts domestic tractor sales grew by approximately 17% in December 2020 with sales of 7,291 units against 6,232 units in the same month in 2019. Escorts exported 503 units in December 2020, against 308 units in December 2019, registering a growth of 63.3%. However, the company's domestic market share decreased from 12.33% to 10.75%. John Deere recorded domestic tractor sales of 5,099 units in December 2020, up from 3,446 units in December 2019, registering a growth of approximately 48%. The company's market share grew from 6.82% in December 2019 to 7.52% in December 2020. Although the market share of Eicher Tractors fell from 7.33% in December 2019 to 6.47% in December 2020, its domestic tractor sales registered a growth of approximately 18% with 4,386 units sold in December 2020, against 3,706 units in December 2019. New Holland witnessed a sharp increase of approximately 35% in domestic sales, from 1,891 units in December 2019 to 2,550 units in December 2020. The company's market share also increased marginally from 3.74% in December 2019 to 3.76% in December 2020. Other Tractor OEMs such as Kubota, Preet and Force Motors all noted an increase in YoY sales. Disclaimer: 1- The above numbers do not have figures from AP, MP, LD & TS as all these States/UT’s are not yet on Vahan 4. 2- Vehicle Registration Data has been collected as on 03.01.21 from 1,265 out of 1,472 RTOs. Tractor Junction also Offer Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report. Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC Follow us for Latest Tractor Industry Updates- LinkedIn - https://bit.ly/TJLinkedIN FaceBook - https://bit.ly/TJFacebok

महिंद्रा ने दिसंबर 2020 में बेचे 22 हजार 417 ट्रैक्टर

महिंद्रा ने दिसंबर 2020 में बेचे 22 हजार 417 ट्रैक्टर

घरेलू बिक्री में 23 फीसदी का इजाफा, निर्यात भी 60 फीसदी बढ़ा महिंद्रा एंड महिंद्रा लिमिटेड ने दिसंबर 2020 में पिछले साल के मुकाबले 25 फीसदी ज्यादा ट्रैक्टर बेचे हैं। महिंद्रा एंड महिंद्रा लिमिटेड के फार्म इक्विपमेंट सेक्टर ने दिसंबर 2020 में 22 हजार 417 यूनिट्स ट्रैक्टरों की बिक्री कर 25 फीसदी की वृद्धि दर्ज की है। जबकि पिछले साल दिसंबर माह में 17 हजार 991 यूनिट्स बेची गई थी। सबसे पहले सरकार की सभी योजनाओ की जानकारी के लिए डाउनलोड करे, ट्रेक्टर जंक्शन मोबाइल ऍप - http://bit.ly/TJN50K1 घरेलू बाजार में 21 हजार 173 ट्रैक्टर बेचे महिंद्रा एंड महिंद्रा के फार्म इक्विपमेंट सेक्टर के अध्यक्ष हेमंत सिक्का ने प्रदर्शन पर टिप्पणी करते कहा कि हमने दिसंबर 2020 के दौरान घरेलू बाजार में पिछले वर्ष की तुलना में 23 प्रतिशत की वृद्धि के साथ 21 हजार 173 ट्रैक्टर बेचे हैं। त्योहारी सीजन के बाद चैनल इन्वेंट्री की बहाली, प्रमुख ओईएम द्वारा ट्रैक्टर की कीमतों में बढ़ोतरी की घोषणा और रबी फसलों की ज्यादा हेक्टेयर में बुवाई से मांग की आशंका, खरीफ खरीद और ग्रामीण विकास योजनाओं में भारत सरकार के समर्थन से मांग मजबूत बनी रही। उन्होंने बताया कि निर्यात बाजार में, हमने 1 हजार 244 ट्रैक्टर बेचे हैं, जो पिछले वर्ष की तुलना में 60 फीसदी अधिक है। दिसंबर 2020 में समग्र ऑटो बिक्री 35,187 वाहन दूसरी ओर, महिंद्रा एंड महिंद्रा ने घोषणा की है कि दिसंबर 2020 के महीने के लिए उसकी समग्र ऑटो बिक्री (यात्री वाहन + वाणिज्यिक वाहन + निर्यात) 35,187 वाहन थी। जबकि दिसंबर 2019 में कंपनी ने 39,230 वाहन बेचे थे। यूटिलिटी व्हीकल सेगमेंट में, महिंद्रा ने दिसंबर 2019 में 15,225 वाहनों की तुलना में दिसंबर 2020 में 16,050 वाहनों की बिक्री की जो 5 प्रतिशत अधिक है। पैसेंजर व्हीकल्स सेगमेंट (जिसमें यूवी, कार और वैन) ने दिसंबर 2020 में 16,182 वाहन बेचे, जो पिछले साल की समान अवधि की तुलना में 3 प्रतिशत अधिक है। ऑटोमोटिव डिवीजन, एमएंडएम लिमिटेड के मुख्य कार्यकारी अधिकारी, विजय नकड़ा के अनुसार, "महिंद्रा में हमने दिसंबर के महीने में यूटिलिटी वाहनों में 5 प्रतिशत की वृद्धि देखी है। लगातार बदलते वैश्विक परिवेश से संबंधित निरंतर आपूर्ति श्रृंखला चुनौतियों के कारण हमारी समग्र बिक्री प्रभावित हुई है, विशेष रूप से इलेक्ट्रॉनिक कंट्रोल यूनिट (ईसीयू) में उपयोग किए जाने वाले माइक्रो-प्रोसेसर (अर्धचालक) की आपूर्ति में कमी। अगर आप अपनी कृषि भूमि, अन्य संपत्ति, पुराने ट्रैक्टर, कृषि उपकरण, दुधारू मवेशी व पशुधन बेचने के इच्छुक हैं और चाहते हैं कि ज्यादा से ज्यादा खरीददार आपसे संपर्क करें और आपको अपनी वस्तु का अधिकतम मूल्य मिले तो अपनी बिकाऊ वस्तु की पोस्ट ट्रैक्टर जंक्शन पर नि:शुल्क करें और ट्रैक्टर जंक्शन के खास ऑफर का जमकर फायदा उठाएं। Tractor Junction also Offer Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report. Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC Follow us for Latest Tractor Industry Updates- LinkedIn - https://bit.ly/TJLinkedIN FaceBook - https://bit.ly/TJFacebok

Sonalika Surpasses FY’20 Sales to sell Over 1 lakh tractors in 9 months of FY’21; Powers ahead with 3X growth at 33%, against 12% industry growth

Sonalika Surpasses FY’20 Sales to sell Over 1 lakh tractors in 9 months of FY’21; Powers ahead with 3X growth at 33%, against 12% industry growth

Despite a pandemic hit year, Sonalika has taken just three quarters in 2020 to accomplish what was being achieved annually over the last three years and has surpassed its entire FY’20 sales in just 9 months of FY’21; the company has registered its highest-ever December sales of 11,540 tractors and highest ever market share of 16.1%. Throughout the year, Sonalika lived up to its legacy of introducing advanced technology equipped tractors for the global market throughout the unprecedented year and registered 33% growth, which is 3X of industry growth at 12%. New Delhi, 1st January’21:In line with the magnificent performance registered throughout the year 2020, Sonalika Tractors has started the New Year 2021 with an unparalleled achievement. The fastest-growing tractor brand in the country and No.1 exports brand from India, Sonalikahas once again registered a dominant performance to clock 1 lakh tractor sales in just 9 months of April-Dec’20 period. Sonalika has grown by a staggering 33.3% during the year, which is around 3X the industry growth of 12% and has surpassed its entire FY’20 sales in just 9 months of FY’21. Overall, the company has registered its highest ever December sales of 11,540 tractors and highest ever market share of 16.1%. Sonalika Tractors has been selling more than one lakh tractors annually over the last three years and registering similar sales volume in 9 months denotes the company’s exemplary performance. Despite the pandemic hit year, Sonalika introduced 5 new premium tractors in 2020includingTiger, Sikander DLX, Mahabali and Chhatrapatithat has been lately joined by the company’s new technology marvel in Tiger Electric. India’s first field-ready electric tractor, the Tiger Electric is probably the most affordable 4W electric vehicle ever in India. The 5 next gen tractors are fully equipped with advanced technologies and are customised as per the farmer’s crop and region specific needs. Sharing his viewpoint on the remarkable achievement, Mr. Raman Mittal, Executive Director, Sonalika Group, said, ‘This is momentous occasion as we have taken just three quarters to accomplish what was being achieved annually over the last three years. We have surpassed our entire FY’20 sales to sell over 1 lakh tractors in just 9 months of FY’21, while recording 33.3% growth,which is 3X the industry growth of 12%. Alongside, we have registered our highest ever December sales of 11,540 tractors and highest ever market share of 16.1%. No external hardships like the pandemic, unfavourable factors can deter our passion to develop and offer customised, high-quality products to farmers globally. We have set our standards high with a mission to touch one lakh tractor sales in every six months and achieved 50% of it this year despite a challenging one the entire automotive fraternity. Sonalika has already embarked upon the journey to touch 2 lakh sales mark annually and will continue to introduce cutting edge technologies in the tractor industry while we relentlessly work towards our vision to ‘Lead Agri Evolution’ across the globe.” He added, “Sonalika Tractors’ remarkable performance in 2020 is an outcome of the brand’s farmer-centric approach and product offensive strategy that was adhered to even during the unprecedented year. Our latest launch Tiger Electric is the probably the most affordable 4W EV and is engineered with hi-tech German motor, advanced battery as well as proven Sonalika transmission to create new benchmarks in tractor industry. We conquered new peaks in performance month after month during the year while remaining committed to drive farm mechanisation and deliver prosperity worldwide.’ Sonalika Tractors aims to remain at forefront of innovation and consistently creates new benchmarks in the tractor industry while offering best-in-class products that deliver farm prosperity. Its team remains closely knitted with farmers to deep dive into their key insights and this powers the company to introduce revolutionary, customised products in a shorter time-to-market.Sonalika attained its highest ever H1 sales volume in FY’21, followed by highest ever monthly tractor production (15,218) with highest ever tractor (19,000) deliveries and implements (10,018) deliveries in Oct’20. The company also strengthened its dominant position in the exports with 26.6% market share and registered highest ever market share gain of 2.1% in 2020. The herculean task of clocking 1 lakh sales in 9 months was also powered by the company’s tech-enabled supply chain, strong dealer network (1,100+) and depots (24) that are inter-connected to track tractor deliveries on real time basis. Sonalika’s entire tractor portfolio is being rolled out its World No.1 vertically integrated plant in Hoshiarpur that is powered by automation and robotics to manufacture quality products. Tractor Junction also Offer Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report. Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC Follow us for Latest Tractor Industry Updates- LinkedIn - https://bit.ly/TJLinkedIN FaceBook - https://bit.ly/TJFacebok

close Icon

Find Your Right Tractor and Implements

New Tractors

Used Tractors

Implements

Certified Dealer Buy Used Tractor