Tractor News

Sonalika Continues Remarkable Performance: Records 13,338 Tractor Sales, Achieves 5.2% Growth, Surpasses Domestic Industry in May 2024

The company has also launched its latest ‘June Jackpot’ offer to ensure farmers adopt Sonalika heavy-duty tractors at optimal prices and achieve farm mechanization.

India’s No.1 tractor export brand Sonalika has always cherished farmers’ love and trust for its heavy-duty tractors and is excited to script a new growth story in May’24. The company has recorded 13,338 overall tractor sales with 5.2% growth in the domestic market, beating industry growth. Farmer’s upliftment in the agri sector remains the top focal point for Sonalika and the company’s entire range of heavy-duty tractors in 20-120 HP is designed to deliver supreme customer satisfaction in all aspects.

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 optimized all its strategies and energies towards customizing new-age technologies for Indian farmers. The company has also launched its latest ‘June Jackpot’ offer to ensure farmers adopt Sonalika heavy-duty tractors at optimal prices and achieve farm mechanization.

Sharing his thoughts on the new performance, Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We are excited to record 13,338 overall tractor sales in May’24 and continued to beat domestic industry performance. Kharif season outset in India has brought some buoyancy in tractor buying and we are happy that the inevitable change towards farm mechanization is gradually taking shape. Monsoon plays a critical role in the agri ecosystem output and only the adoption of new-age farm technologies can bring fundamental change in the Indian farming landscape. We are excited to be among the frontrunners for leading this evolution and have already launched a friendly scheme in June’24 and moving forward will continue to launch new advanced heavy-duty tractors.” 

He further added, "The monsoon plays a crucial role in agricultural ecosystem output, and the adoption of new-age farm technologies is essential for bringing about fundamental changes in the Indian farming landscape. We are excited to be at the forefront of this evolution and have already launched a farmer-friendly scheme in June 2024. Moving forward, we will continue to introduce new, advanced heavy-duty tractors."

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