Sonalika has registered 1 lakh tractor sales in just 9 months of April-Dec’20 period
In line with the magnificent performance registered throughout the year 2020, Sonalika Tractors has started the New Year 2021 with an unparalleled achievement. Sonalika has once again registered a dominant performance to clock 1 lakh tractor sales in just 9 months of April-Dec’20 period. Sonalika has grown by a staggering 33.3% during the year, which is around 3X the industry growth of 12 per cent and has surpassed its entire FY’20 sales in just 9 months of FY’21. Overall, the company has registered its highest ever December sales of 11,540 tractors and highest ever market share of 16.1 per cent.
Sonalika Tractors has been selling more than one lakh tractors annually over the last three years and registering similar sales volume in 9 months denotes company’s exemplary performance. Despite the pandemic hit year, Sonalika introduced 5 new premium tractors in 2020 including Tiger, Sikander DLX, Mahabali and Chhatrapati that has been lately joined by the company’s new technology marvel in Tiger Electric.
Raman Mittal, Executive Director, Sonalika Group, said, “This is momentous occasion as we have taken just three quarters to accomplish what was being achieved annually over the last three years. We have surpassed our entire FY’20 sales to sell over 1 lakh tractors in just 9 months of FY’21, while recording 33.3 per cent growth, which is 3X the industry growth of 12 per cent. Alongside, we have registered our highest ever December sales of 11,540 tractors and highest ever market share of 16.1 per cent. No external hardships like the pandemic, unfavourable factors can deter our passion to develop and offer customised, high quality products to farmers globally. We have set our standards high with a mission to touch one lakh tractor sales in every six months and achieved 50 per cent of it this year despite a challenging one the entire automotive fraternity.”
