The Business Bytes
TBB BUREAU
NEW DELHI, JUNE 2, 2023
Sonalika Tractors has registered the highest ever May overall sales of 13,702 tractors in 2023. This includes 11.42 per cent domestic growth in May 2023 which is 4 times the industry growth as the company has beaten its own previous May’2022 sales record of 12,615 tractors, the company said.
Sonalika Tractors is focusing on accelerating the widespread adoption of farm mechanisation as nearly only 45 per cent of farming in India is mechanised till date. The company designs heavy-duty tractors that are tailored to deliver unmatched performance, durability and efficiency in the varied soil of every state of the country. By leveraging advanced technology and a robust distribution network, Sonalika aims to continue to deliver farmer happiness and minimise complexities in every farm operation.
Speaking on the achievement, Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We feel delighted to have proudly clocked our highest ever May overall sales of 13,702 tractors, and have surpassed domestic industry growth with 4-fold growth. This exemplary feat underlines the company’s commitment to lead and transform the farming landscape in India to ensure farmer prosperity.”
“Various developmental programmes by the government have led to the rise in farmer’s income levels as well as irrigated land cover crossing 50% for the first time, thereby empowering farmers to adopt new farming techniques. Our significant improvements in the product line and related farm technologies have empowered us to achieve progressive growth and we will continue to ensure that farmers reach new levels of productivity and profitability,” he added.
