|| Shree Mumba Devi Prasanna ||


AGMARKNET
13 Jul 2024
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Farm Equipment


Sonalika tractors sales up by 5.5% at 17,130 units during October 2021

Sonalika tractors sales up by 5.5% at 17,130 units during October 2021

Festive season celebrations in India are at their peak and Sonalika Tractors is going full throttle ahead to address farmer’s haulage and farm related requirements. It has registered overall tractor sales of 17,130 tractors in October 2021, registering 5.5 percent growth to surpass industry growth estimate of 3.6 percent.

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CHANDIGARH, 17 November 2021: Festive season celebrations in India are at their peak and Sonalika Tractors is going full throttle ahead to address farmer’s haulage and farm related requirements. It has registered overall tractor sales of 17,130 tractors in October 2021, registering 5.5 percent growth to surpass industry growth estimate of 3.6 percent.

Sonalika has registered its highest ever YTD figures of 85,068 overall tractor sales in fiscal year 2021-2022, recording a growth of 6.56 percent over 79,829 units sold in the same period last year.

As farmers continue to aggressively adopt farm mechanisation solutions in the country, Sonalika has adopted a multi-pronged approach to boost farm mechanisation and take farmers towards farm prosperity in an affordable way.

Sonalika’s advanced technology powered premium tractors such as Tiger and Sikander DLX along with region-specific tractors such as Chhatrapati (for Maharashtra) & Mahabali (for Telangana) have lately been joined by the Maharaja, a fully customised tractors especially designed for farmers in Rajasthan.

Among the Indian manufacturers, Sonalika dominates in the international market with over 25 percent market share (TMA FY’21).

Sharing his thoughts on the dominant performance, Raman Mittal, Executive Director, Sonalika Tractors, said, “In line with Sonalika’s DNA of keeping farmer’s requirements at the core, we started preparing ourselves after Q1 FY’22 itself so that our customized tractors offer the best value for money package to farmers across the world."

"Rising adoption of farm mechanisation coupled with the introduction of precision farming to increase productivity has been significantly driving the Indian tractors market and Sonalika remains fully committed to move faster towards its vision of ‘Leading Agri Evolution’ across the world,” Mittal adds.

Sonalika’s hi-tech tractors are rolled out from its World’ No.1 vertically integrated tractor manufacturing plant in Hoshiarpur, Punjab which is a perfect example of being ‘Vocal for Local’ and powers the company to take the ‘Local to Global’ to further strengthen its global leadership position.


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