Victorious October 2022 For Sonalika With Grand 20,000 Tractor Deliveries

Setting a record for itself, Sonalika tractor has surprised everyone with its huge sales of 20,000 tractors in a single month. Recently Sonalika initiated its well-known “Heavy Duty Dhamaka” campaign, which offered a range of offers for consumers/farmers.

Sonalika Thrown The 'OctoberAstra' With The Power Of 20,000 Tractors 

Sonalika Tractors, the No. 1 tractor export brand in India, has successfully navigated through the biggest holiday season of FY'23 with a new spirited performance. In October of this year, the company delivered 20,000 tractors, which is a record high and nearly doubled the industry average growth rate of 7%. The Navratri gave the tractor industry's market sentiment a boost, and it continued to be upbeat throughout October, particularly as Diwali approached this month.

Mr. Raman Mittal, Joint Managing Director of International Tractors Limited, commented on the new accomplishment, saying, "We feel very proud to have created yet another milestone this October with our ever-highest deliveries of 20,000 tractors with 16% billing growth more than double the est. 7% industry growth. This performance is particularly noteworthy for us because we had a goal in mind and we 100% succeeded in achieving it. Every team member from every vertical puts their best effort forward for a remarkable drive right up until the very end."

"Our business realignment initiatives and strategy have produced a magnificent holiday season for us in FY'23," he continued. “We will continue to introduce innovative products that will greatly boost agricultural productivity and income in the years to come.”

Mr. Raman Mittal, Joint Managing Director of International Tractors Limited (Sonalika & Solis wrote the following in a LinkedIn post:     

“With our ever-highest deliveries of 20,000 tractors in October and billing growth that was more than twice as fast as the industry grows, we are extremely proud to have achieved yet another milestone.”

“This performance is particularly noteworthy for us because we had a goal in mind and 100% succeeded in achieving it. For an extraordinary drive until the very last day, every team member from every vertical put their best foot forward.”

“Being a Karma yogi is still deeply ingrained in our DNA, and with our strong commitment to bringing prosperity to farmers, we will continue to push through any obstacles.”

Timeline of SONALIKA 

In 1995, Sonalika tractors was established in Punjab, India. As of June 2017, it was India's third-largest tractor manufacturer, with the ability to produce 300,000 tractors annually. The business, which operates in more than 135 countries, has risen to the position of No. 1 in terms of Indian exports after selling 35,000 tractors in FY 2021–2022. It produces tractors with 20–120 horsepower. International Tractors Limited, the parent company of Sonalika Group, runs the business.

In Hoshiarpur, Punjab, Sonalika operates the largest tractor manufacturing facility in the world. It has all manufacturing facilities, from the engine to assembly, and is spread out over 85 acres of land. A 300,000-tractor annual production capacity is available at the plant. 

Also Read: 

6.96% Growth in Sales- Domestic Tractor Sales Report October 2022