CHANDIGARH, 10 August 2020: India’s one of the leading tractor manufacturer, Sonalika Tractor in July 2020 records highest ever domestic growth of 71.7 percent & overall (Domestic+Exports) 10,223 tractors sale.
Domestic sales stood at 8219 tractors, as compared to 4788 sales same period last year. The company continues to be on growth trajectory beating industry growth.
Speaking on the performance, Sonalika Group executive director Raman Mittal said, “We have recorded highest ever domestic growth of 71.7 percent in July 2020 beating industry growth with overall sales at 10,223 tractors.We have launched new tractors with advanced technology features at the same cost of current products, thus helping the farmers to upgrade & enhance their productivity and income.”
He added, “Our cumulative domestic growth (April-Jul) is at 17.7 percent, which is highest in the entire tractor industry. This superlative performance is resultant of our strategy to continue launching new tractors customized to meet various geographic and application specific requirements of the farmers across globe.
“We have been consistently growing amidst the prevailing situation with 25 percent growth (deliveries) in May 2020 and 55 percent growth (Billing) in June 2020 and 71.7 percent growth (Billing) in July 2020 and look forward to the uptick in demand and continue our growth momentum by surpassing industry growth in the forthcoming festive season as well,” Mittal added.
