Expressnews
Chennai, May 2023
After registering a record-breaking performance in FY’23 of highest ever annual sales, Sonalika Tractors has ensured to carry forward the same momentum in FY’24 as well. India’s No1 tractor export brand, Sonalika has touched a new record of highest ever April overall sales of 12,590 tractors, underlining the brand’s fast-growing preference among the farming community. This extraordinary performance has resulted in 1.9% market share gain in the tractor industry.
One of India’s leading tractor brands, Sonalika’s holistic approach to address farmer’s demands and accordingly develop state-of-the-art technologies continuously has been spearheading the company’s growth. The company’s purposeful focus on research and innovation processes as well as on ground connect with farmers has enabled it to design the widest range of tractors with powerful engine, intelligent transmission and hydraulics for farmers to touch new heights of productivity as well as profitability. Sonalika is fully geared up to offer superior products and services for farmer’s delight in FY’24.
Sharing his comments on the remarkable performance, Mr Raman Mittal, Joint Managing Director, International Tractors Limited, said, “It feels great to enter into a new financial year with a flying start, capitalizing on our strong foundation, robust processes and product portfolio. We have recorded highest ever April overall sales of 12,590 tractors with highest market share gain of 1.9% (est.) in the tractor industry. This has set the momentum as a stepping stone for us to target and go beyond excellence in the new financial year. Consistency in ensuring affordable innovative products for farmers with easy accessibility will continue to remain paramount for us in FY’24.”
