Categories: Business

Sonalika Surpasses 1 lakh Domestic Tractor Sales and Crosses Highest Ever Sales in Just 11 months

Hyderabad: Keeping pace with its trend of registering robust performance month after month throughout in FY’21, Sonalika Tractors has created a new record of excellence by clocking its highest ever cumulative domestic sales of 1,06,432 tractors in just 11 months, registering growth of 35.5% as compared to same period last year. With this, Sonalika has achieved a significant landmark of the fastest ever 1 lakh domestic tractor sales by any tractor brand in the Indian market since its inception. India’s fastest growing tractor manufacturer and No.1 tractor exports brand in the country, Sonalika has overall sold 11,821 tractors in Feb’21as compared to 9,650 tractor sales same period last year.

Having a formidable presence in over 130 countries across the world, Sonalika already has an access to trailblazing technologies that exist in the advanced markets and remains committed to introduce them in the Indian market in an affordable way. Sonalika’s R&D team has been working relentlessly to develop state-of-the-art tractors and implements that capitalize on farmer’s feedback and are customised as per their respective crops and geographies.

Sharing his thoughts on achieving an extraordinary feat, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “I feel overwhelmed in sharing that we have crossed our highest ever cumulative domestic sales of 1,06,432 tractors in just 11 months (April’20-Feb’21),registering growth of 35.5% as compared to same period last year. Notably, it is also the fastest ever 1 lakh domestic tractor sales by any tractor brand in the Indian market since its inception and clearly reflects on the growing trust of farmers in Sonalika. The sublime performance that Sonalika has posted month after month throughout in FY’21 is an outcome of our strategic decision to periodically launch customised tractors that are equipped with advanced yet affordable technologies.”

Sonalika is fully committed to increase farm mechanisation at a rapid clip and bring farm prosperity in an affordable way. Sonalika’s heavy duty product portfolio in 20-120 HP range is being rolled out from its Hoshiarpur facility, which is powered by robotics and automation to manufacture high quality products.

OdAdmin

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