New Delhi, March 01, 2018: India’s youngest tractor brand, International Tractors Limited (ITL), makers of Sonalika tractors, which has built the World’s No 1 integrated tractor manufacturing plant in Hoshiarpur, recorded total sales of 8000 units (Domestic + Exports) in the month of February as against 5549 units same period last year. Growth in domestic and exports stood at 50% and 18% respectively.
Commenting on the same, Mr. Raman Mittal, Executive Director Sonalika ITL stated, ““The sentiments of farmers continue to be positive on account of government’s pro farmer policies, and expectations of better rabi crop yield, resulting in phenomenal sales.
Moreover, the demand for farm mechanization continues to be robust to address various on and off-field applications. Along with tractors, we offer new implements like Rotavators to help double farmers’ income through enhancing productivity, which has led us to be chosen by Government of India as the contributing partner with Niti Aayog for doubling farmer’s income by year 2022.”
About Sonalika International Tractors Ltd.
Sonalika International Tractors Ltd. Manufacturer of heavy duty tractor range, which produces technologically superior tractors in a range from 20HP to 120HP. Today, Sonalika ITL stands as 3rd largest tractor maker in India and is recognized in both domestic as well as international market as a formidable player. The company has earned the trust of over 8 lakhs customers in more than 90 countries in just 2 decades, which is a remarkable growth.
With the increasing demands of tractors globally and to fulfill this demand, Sonalika has established World’s No.1 integrated tractor manufacturing facility, strategically located in Hoshiarpur, Punjab. This plant has a total capacity to manufacture approximately 3 lakhs tractors, the new Plant has a capacity to manufacture 2 lakh tractors with a roll out time of 2 minutes per tractor and the other plant has a capacity of 1 lakh tractors annually. The company has strategic business partnership with Yanmar, Japan.
