04 March, 2019
New Delhi, 4th March’19: India’s youngest and fastest growing tractor brand, Sonalika International Tractors Limited, has created history by breaking its previous record. The company while surpassing the industry growth of approximately 10.9% has registered an overall growth of 17.8% with a sale of 1,02,693 tractors from April’18- Feb’19 as compared to 87,210 tractors same period last year.
In Exports, the company for the month of February’19 has recorded an extraordinary growth of 20.3% with a sale of 1507 tractors as compared to 1253 tractors same period last year.
Commenting on achieving this significant milestone, Mr. Raman Mittal, Executive Director Sonalika ITL stated, “This is a very proud moment for all of us at Sonalika, we are delighted to surpass our previous record and registering sales of more than 1 lakh tractors in just 11 month. This consistent growth trajectory is the testament of our commitment towards providing best in class tractors to farmers globally. After the successful launch of the Sikander Series, we have recently launched Mileage Master Series. With this launch we will surely continue our growth trail and will achieve newer milestones in the up-coming month.”
He added, “I am very positive on the trust that the farmers globally have shown in our products. With the focus to provide customized solutions globally, we have increased our global footprints to over 110 countries. We will continue to strengthen our position in the competitive era of agriculture machinery industry & will be moving fast on a new growth path, surpassing our own records. Being a farmer centric brand, we are consistently working to provide complete farming solutions to farmers globally.”
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