Sonalika Tractors sales up 14% in Dec at 6,066 units

Sonalika Tractors sales up 14% in Dec at 6,066 units

New Delhi: Sonalika International Tractors reported 14 per cent growth in total sales at 6,066 units for the month of December 2018. 

Home-grown tractor maker dispatched 5,321 in December 2017, as per a company release. 

The company recorded 26 per cent growth in exports by selling 1014 units and 11.9 per cent growth in domestic market at 5,052 tractor units during the month under review. 

In April-December 2018 period, the overall sales (Domestic + Exports) stood at 87,507 units in, up 20.8 per cent, compared to 72,438 units same period year ago.

Speaking on the year end, Raman Mittal, Executive Director, Sonalika Group, said, “The year 2018, was full of achievements, creating newer milestones, breaking records as well as receiving accolades. We are extremely delighted with the overall company’s growth of 20.8 per cent on cumulative basis (April-Dec’18) with Exports registering robust growth of 36 per cent."

Commenting on the outlook for upcoming quarter (Q4) he further said “Consumer sentiments is expected to be positive owing to the government’s favorable pro-farmer policies and major structural reforms, as well as an anticipation of better Rabi crop yield. Hence the industry growth is expected to continue at the same pace and is expected to touch all time record high in this financial year. We will continue to surpass overall industry growth.”

Top Tractor News

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor at Rs. 7.21 Lakhs

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor at Rs. 7.21 Lakhs

ITL Commences Delivery of Solis Hybrid 5015 - 1st Hybrid tractor with Fully Advanced Japanese Hybrid Technology at Rs. 7.21 Lakhs

Shaktiman records Highest Sales growth in FY21 by selling 1.30+ Lakh Machines with 74% YoY Growth

Shaktiman records Highest Sales growth in FY21 by selling 1.30+ Lakh Machines with 74% YoY Growth

Shaktiman records Highest Domestic Sales growth in FY21 by selling 1.30+ Lakh Machines and became largest exporter of Farming implements from India

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे

ट्रैक्टर इंडस्ट्री की वार्षिक रिपोर्ट : 26.86 फीसदी वृद्धि के साथ करीब 9 लाख ट्रैक्टर बेचे (Tractor Industry Annual Report: Nearly 9 Lakh Tractors Sold, With 26.86 Percent Growth),

Tractor Sales Statistics India FY 2021 - Sales Escalated by 26.86%

Tractor Sales Statistics India FY 2021 - Sales Escalated by 26.86%

In FY'21, domestic tractor sales recorded a boom of 26.86%. A growth displayed in comparison to the previous year as Apr’20-Mar’21 tractors sold 899429 units against 709002 units.

close Icon

Find Your Right Tractor and Implements

New Tractors

Used Tractors

Implements

Certified Dealer Buy Used Tractor