Sonalika Tractor May 2023 Sales Report: 13,702 Units Sold with 11.42% Domestic Growth

Sonalika Tractor, India's leading tractor export brand, continues its commitment to revolutionizing the agricultural sector by delivering innovative and high-quality farm equipment. The company's dedication to driving innovation and supporting Indian farmers has propelled it to achieve its highest-ever May sales, with a remarkable figure of 13,702 tractors sold in 2023. This includes a domestic growth rate of 11.42% in May'23, surpassing the industry growth by 4 times (estimated at 2.7%), and outperforming its own previous May'22 sales record of 12,615 tractors.

As India's farming sector still relies heavily on manual labor, with only around 45% of farming activities being mechanized, Sonalika Tractors aims to accelerate the widespread adoption of farm mechanization. The company specializes in designing heavy-duty tractors tailored to deliver exceptional performance, durability, and efficiency in various soil conditions across every state in the country.

Sonalika's commitment to quality and innovation is exemplified by its World's No.1 integrated manufacturing plant, which produces high-technology tractors trusted by over 14 lakh farmers in more than 150 countries.

Also Read: Mahindra Tractor Sales Report May 2023: Tractor Sales Drop 4% to 34,126 Units

Sonalika Tractors Sales Comparison

Domestic Industry Growth Comparison

Also Read: VST Tillers & Tractors May 2023 Tractor Sales: Saw Uprise with 3,756 Total Units Sold 

Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, expressed his delight at this new achievement, stating, "We are thrilled to have achieved our highest ever May sales of 13,702 tractors, surpassing domestic industry growth by 4 times. This remarkable accomplishment reflects our commitment to leading and transforming the farming landscape in India, ensuring farmer prosperity.

The various developmental programs initiated by the government have resulted in a consistent increase in farmers' income levels and the expansion of irrigated land cover, which has crossed 50% for the first time. These developments empower farmers to adopt new farming techniques. Our continuous enhancements in product lines and farm technologies have enabled us to achieve progressive growth, and we will continue to empower farmers to reach new levels of productivity and profitability."

Sonalika Tractors' outstanding performance in May 2023 demonstrates its commitment to driving agricultural transformation and empowering farmers across the country. With its continuous focus on delivering cutting-edge technology and efficient farm machinery, Sonalika Tractors is set to redefine farming practices and contribute to the prosperity of Indian agriculture.

Also Read: May 2023 Tractor Sales Report: Escorts Kubota's Robust Tractor Sales in May Drive Stock Surge