Sonalika Tractors Achieves Record-Breaking April Sales with 12,590 Units and 1.9% Market Share Gain

Sonalika Tractors, the top tractor export brand in India, has sustained its remarkable sales performance from the previous fiscal year into FY'24. The company recently achieved a new sales record for April, selling 12,590 tractors, which highlights its growing popularity among farmers.

This exceptional achievement has also led to a 1.9% increase in market share within the tractor industry. Overall, Sonalika Tractors' exceptional sales figures from FY'23 have been carried over to the new financial year, demonstrating the brand's continued success in the market.

Sonalika, one of the top tractor brands in India, has been driving its growth by adopting a comprehensive approach to meet the requirements of farmers and developing advanced technologies accordingly.

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The company's emphasis on research and innovation, along with its direct engagement with farmers, has enabled it to create a diverse range of tractors equipped with robust engines, intelligent transmission systems, and hydraulics. These tractors are designed to help farmers increase their productivity and profitability. Sonalika is fully prepared to provide exceptional products and services that will bring joy to farmers in the upcoming fiscal year of 2024.

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Mr. Raman Mittal, Joint Managing Director of International Tractors Limited, expressed his delight in commencing the new financial year on a high note and attributed the success to the company's sturdy foundation, efficient processes, and diverse product portfolio. He reported that the company achieved the highest-ever April sales, with 12,590 tractors sold and a market share gain of approximately 1.9% in the tractor industry. This impressive feat has provided a solid foundation for the company to strive for excellence and surpass expectations in the coming fiscal year.

Mr. Mittal emphasized that the company's commitment to providing farmers with affordable and innovative products, along with easy accessibility, will remain the top priority in FY'24.

-PTI 

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