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HomePosts Tagged "Sonalika"
Company News, Finance, India, Machinery - Pre-harvesting

The tractor sales have reached 1,28,190 YTD

India’s export brand, Sonalika Tractors has recorded 26 per cent domestic growth to clock 9,741 overall tractor sales in January’23. Largely powered by its recent unprecedented step of revealing tractor prices on the official website and a transformational customer-centric approach, this staggering achievement by Sonalika marks the opening of the year 2023  The tractor sales have reached 1,28,190 YTD.

Sonalika has continued to win farmer’s trust with its unique approach over the years and provide easy access to superior technologies to farmers across the globe. The company has further capitalised on favourable market conditions such as record wheat acreage and construction activities which are in full swing in India. Deepening its commitments further to support agri-ecosystem month after month, Sonalika is fully geared up to meet the ever-changing needs of the farmers along with reliable affordability and ensure exponential income growth.

Raman Mittal, Joint Managing Director, International Tractors Limited said, “Along with launching innovative products, we also keep taking unique initiatives such as revealing tractor prices on our website that indeed has created a kind of revolution among the farming community as we have been witnessing huge influx on our website as well as dealerships. This approach has addressed a big issue for farmers and by ensuring such transparency in the tractor-buying process on our already robust product portfolio, we have been further reinforcing farmer’s trust in our brand. This has enabled us to clock a sturdy 26 per cent domestic growth to beat industry growth and clock 9,741 overall tractor sales in Jan’23. Our YTD growth trajectory has reached 1,28,190 tractor sales which is inspiring for us to remain committed towards farmers and develop a world-class product portfolio for their prosperous future.”

The tractor sales have reached 1,28,190 YTDIndia’s

Company News, Machinery – Post-harvesting

The company has registered its highest ever Q1 overall sales of 39,274 tractors, which is 18 per cent growth above 33,219 overall tractor sales recorded in the corresponding period in FY’22

India’s No1 tractor export brand, Sonalika Tractors has been creating new product as well as performance benchmarks ever since the FY’23 inception and has proudly rewritten its record books yet again. The company has registered its highest ever Q1 overall sales of 39,274 tractors, which is 18 per cent growth above 33,219 overall tractor sales recorded in the corresponding period in FY’22. With a dominating Q1 performance, the company has further accelerated its journey in the on-going financial year and cemented its position for upcoming seasons ahead.

Despite unprecedented heat wave affecting crop production across the country, the MSP uptick from government side has facilitated healthy rural cash flow, thereby driving tractor overall demand in Q1 FY’23. As monsoon continues expand base across the country, Sonalika Tractors will remain at the forefront to support farmers win their everyday farming challenges.

Commenting on achieving the new Q1 performance milestone, Raman Mittal, Joint Managing Director, International Tractors Limited, said, “Delivering on farmer’s expectations month after month empowers us to set new benchmarks both in terms of product as well as performance. Achieving our highest ever Q1 overall sales of 39,274 units with 18% growth is a testament that we understand farmers and their regional market requirements well, which subsequently boils down to reinforced farmer trust in brand Sonalika. Strategically supported by our unique approach of customising our tractor portfolio, I am optimistic that we have set our FY’23 course in right direction for upcoming seasons later during the year. Sonalika Tractors will continue to address regional farmer requirements to ensure high productivity and income for their buoyant future.”

The company has registered its highest ever

Company News

Sonalika Tractors has registered a dominating best ever May sales with 12,615 units which was powered by stupendous 42.1% growth

Revolutionising the tractor industry with its heavy duty tractor portfolio, Sonalika Tractors has further reinforced its FY’23 platform for an electrifying year ahead. Sonalika has continued to register yet another dynamic performance in new financial year and clocked its highest ever May overall tractor sales of 12,615 units. The extraordinary performance includes stupendous 42.1 per cent growth over the 8,878 tractor sales recorded in May 2021 as the demand for advanced tractors continues to see uptick across the industry.

Speaking on the staggering performance, Raman Mittal, Joint Managing Director, ITL, said, “It feels invigorating as all our concerted efforts have resulted in another electrifying performance by Sonalika in May 2022. With a record 42.1 per cent growth, we have registered our highest ever May sales of 12,615 tractors. Sonalika truly believes in addressing specific farmer requirements and deliver dynamic tractor performance as well as affordability for farmers’ peace of mind. Favourable factors such as consistent increase in MSP by government, improved rabi crop procurement and now the timely arrival of monsoon in the country will set up viable platform for agriculture activities to flourish in FY’23.”

Sonalika Tractors has registered a dominating best

Finance, Transportation

Sonalika has sold 1,05,250 tractors in April-December 2021.

Carrying forward the strong momentum built throughout FY’21, Sonalika Tractors has breached past 1 lakh tractor sales mark in just 9 months (April-Dec’21) of FY’22, thereby charting the path to a new paradigm in 2022. Meanwhile, Sonalika has also entered the coveted club of 25,000+ export tractor sales in 9 months, a unique feat which remains a distant dream for many companies globally. Sonalika has further extended its lead in exports with 3,432 tractor sales and 31.2 per cent market share in December 2021.

Cumulatively, Sonalika has sold 1,05,250 tractors in Apr-Dec 2021. Year after year, Sonalika Tractors has been fast forwarding its sales performance of crossing 1 lakh tractors mark. The company has been manoeuvring through toughest of COVID-19 waves while addressing farmer’s critical requirements with superior technology powered tractors and implements. This also includes the recently launched Sonalika Tiger DI 75 4W CRDs tractor that delivers twin benefits in one tractor – the power of 75 HP tractor and fuel economy of 65 HP tractor. 

Sharing his viewpoint on the remarkable achievement, Raman Mittal, Executive Director, Sonalika Tractors, said, “It gives me great pleasure to announce that we have created a new record sales performance to breach the 1 lakh tractor sales mark in just 9 months of FY’22. Month after month, our strong focus on our mission and persistent approach of closely working with farmers while addressing their diverse needs, has enabled us to clock the extraordinary record 1,05,250 overall tractor sales within 9 months of FY’22 (April-Dec’21).

Sonalika has sold 1,05,250 tractors in April-December

Company News, Inputs

The newly developed tractors are equipped with CRDs technology.

Sonalika Tractor has recently launched its new tiger series, CRDs Technology in Tiger DI 75 4WD on Kisan Diwas to deliver benefit of power as well as the economy. The tractor is priced at an introductory price of 11 to 11.2 lakh in Indian rupee. The newly developed Sonalika Tiger DI 75 4WD tractor is equipped with CRDs technology and is TREM-IV compliant. The company claims that the new tractor offers 10 per cent better fuel economy with multi-speed gearbox and next generation 5G hydraulic control system. The tractor has been designed in Europe and is developed in India, keeping in mind, the desires to young farmers here.

There has been another launching made at the same day where second one has been titled as Tiger DI 65 which is again one of a kind when the advancements are recalled. It comes with common Rail Diesel System- CRDs engines which makes sure to provide ample power while maintaining a class one fuel economy in its eco mode. The Sonalika Tiger DI is provided with both 2WD and 4WD options, offered in two states of tune- 63 bhp and 73 bhp respectively.

The newly developed tractors are equipped with