Posted On - 01 Nov 2018
New Delhi, November 1:Sonalika International Tractors LimitedIndia’s youngest & No.1 tractor brand in 4 countries after recording its highest ever sales in September one month prior to the festive season has yet again surpassed its previous sales record to achieve highest ever monthly sales of 14,760 tractors in October’18.
The company registered an overall growth of 38% in October’18 with Domestic market at 34% growth & international market at phenomenal growth of 103%.
Speaking on the growth trajectory, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “We are extremely delighted to register highest ever sales of 14760 tractors in October’18 just after achieving the best sales in September one month prior to the festive month. This is a great achievement and moment of pride to have surpassed our record. This ever highest sales has strengthen our confidence to be bullish in the upcoming month as Diwali is around the corner.”
He added,“The phenomenal sales is accredited to the trust that our farmers have shown in the new product Sikander series. This series has met all the requirements of farmers, be it power, speed or fuel efficiency. Being a farmer centric brand, we are consistently working to provide complete farming solutions to farmers globally. We take pride in our wide spread network pan India, which has helped us to win new customers across geographies”.
About Sonalika International Tractors Limited
Sonalika International Tractors Limited, India’s youngest and fastest growing tractor brand with No.1 position across 4 countries 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. Sonalika ITL export tractors to over 100 countries & 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 Aayog for doubling farmer’s income by year 2022. Sonalika has been a proud recipient of the Global Agriculture Leadership Award 2018.
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.