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HomeAgribusinessSonalika Tractors posts 5.2% sales growth in domestic market during May 2024

Sonalika Tractors posts 5.2% sales growth in domestic market during May 2024

 The onset of the Kharif season, company has recorded 13,338 overall tractor sales in May 2024.

Leading player in farm mechanisation sector, Sonalika Tractors announced that company has recorded 13,338 overall tractor sales in May 2024 with 5.2 per cent growth in the domestic market, beating industry growth.

Monsoon has already hit the Indian shores and forecasts suggest an above-average rainfall, thereby keeping alive hopes of agri-powered economy and farmers for increased farm output. Sonalika Tractors has been aggressively moving ahead in FY’25 and optimised all its strategies and energies towards customising new-age technologies for Indian farmers, said the company in release.

Raman Mittal, Joint Managing Director of International Tractors Limited, expressed his excitement about the company’s performance, stating, “We are thrilled to record 13,338 overall tractor sales in May 2024 and continue to outperform the domestic industry. The onset of the Kharif season has brought some buoyancy in tractor buying, and we are pleased to see the gradual shift towards farm mechanization in India.”

The company’s wide range of heavy-duty tractors, spanning from 20 to 120 HP, is designed to deliver supreme customer satisfaction and cater to the diverse needs of farmers. With the monsoon season already underway and forecasts suggesting above-average rainfall, the agriculture sector is poised for a promising year.

To further support farmers, Sonalika has launched its latest “June Jackpot” offer, which aims to make heavy-duty tractors more affordable and accessible, promoting farm mechanization across the country.

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