Sonalika Achieves Remarkable 15.8% Market Share in September 2023

In a recent LinkedIn post, Mr. Raman Mittal, the Joint Managing Director of International Tractors Limited, which encompasses the brands Sonalika and Solis, announced a significant milestone for the company. Sonalika has achieved a record-breaking 15.8% overall market share (estimated) in September 2023. This achievement coincides with the highest domestic sales growth in the industry for the first half of the fiscal year 2024.

Expressing his excitement, Mr. Mittal stated, "We are thrilled to have reached a new landmark with a record 15.8% overall market share in Sept'23 with the highest domestic sales growth in the industry for H1 FY’24."

Sonalika's success can be attributed to its unwavering commitment to mechanizing agriculture and providing farmers with a wide range of heavy-duty tractors. The company's dedication to serving the farming community has earned it the trust and acceptance of farmers across the country.

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As India enters the biggest festival season, Sonalika is ramping up its efforts in various domains, including production, farmer-friendly initiatives, and financing options. Additionally, the company recently introduced a '5-year warranty' program, aimed at assuring farmers of the durability and reliability of their heavy-duty tractors. This move reflects Sonalika's commitment to providing continued high-performance machinery while ensuring peace of mind for farmers.

Sonalika's remarkable achievement in market share highlights its ongoing efforts to revolutionize the farming industry by offering cutting-edge technology and reliable solutions to the farming community. With a strong focus on innovation and customer satisfaction, Sonalika continues to play a pivotal role in shaping the future of agriculture in India.

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