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Bumper demand for Sonalika tractors, 39,274 units sold within 3 months

New Delhi.
No 1 tractor export brand from India, Sonalika Tractors has started FY23 on a good note. The company has registered the highest ever Q1 sales with total tractor sales of 39,274. This is an increase of 18 per cent over 33,219 total tractor sales recorded in the corresponding period of FY22. With this improved performance in the first quarter, the company has accelerated its journey in the current financial year and further strengthened its position for the coming season.

Sonalika, one of the leading tractor manufacturers in India, continuously works to evolve its Heavy Duty Tractor portfolio as per the demands of the customers. Despite the unprecedented heat affecting crop production across the country, the increase in MSP from the government has resulted in improved liquidity with farmers, boosting the overall demand for tractors in the first quarter of FY23.

Commenting on the company’s performance, Raman Mittal, Joint Managing Director, International Tractors Ltd. said, “Meeting farmers’ expectations month after month has helped us set new benchmarks in both product as well as performance. The total tractor sales of 39,274 with a growth of 18% is our highest ever sales which proves that we understand the farmers and their regional market requirements very well. Strategically backed by our unique approach to optimize our tractor portfolio, this stellar performance proves that we are headed in the right direction for the coming season during FY23.”

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