Sonalika Tractors has created a new record by clocking its highest ever cumulative domestic sales of 1,06,432 tractors in just 11 months, registering a growth of 35.5% as compared to the same period last year. With this, Sonalika has achieved the landmark of the fastest ever 1 lakh domestic tractor sales by any tractor brand in the Indian market since its inception. Sonalika has sold 11,821 tractors in Feb’21 as compared to 9,650 tractor sales same period last year.
While focussing on building a state-specific strategy, Sonalika is geared up at its vertically integrated tractor manufacturing plant to introduce revolutionary products going forward in the year 2021. Its products will be customized to exponentially increase farmer’s income level and further propel the company towards its vision of ‘Leading Agri Evolution’ across the globe.
Sharing his thoughts on achieving an extraordinary feat, Mr. Raman Mittal, Executive Director, Sonalika Group, said, “I feel overwhelmed in sharing that we have crossed our highest ever cumulative domestic sales of 1,06,432 tractors in just 11 months (April’20-Feb’21), registering a growth of 35.5% as compared to the same period last year. Notably, it is also the fastest ever 1 lakh domestic tractor sales by any tractor brand in the Indian market since its inception and clearly reflects on the growing trust of farmers in Sonalika. The sublime performance that Sonalika has posted month after month throughout in FY’21 is an outcome of our strategic decision to periodically launch customised tractors that are equipped with advanced yet affordable technologies.”
He added, “The Indian farmers are eager to adopt smart farming techniques while addressing their varied agri requirements and increase productivity significantly. The domestic market is fast graduating towards higher HP tractors and while we fully understand dynamic market requirements, we will continue with our trend to introduce revolutionary tractors in India that will speed up farm mechanization growth in the country.” Sonalika’s heavy-duty product portfolio in the 20-120 HP range is being rolled out from its Hoshiarpur facility, which is powered by robotics and automation to manufacture high-quality products.