~Rides on International Markets to Ramp Up month-on-month Sales
New Delhi, August 9, 2017: India’s youngest and the third largest tractor brand, International Tractors Limited (ITL), makers of Sonalika tractors, has emerged as the number one tractor manufacturing company in > 51 HP Segment category for the month of June. The segment is dominated by progressive farmers who always opt for technologically advanced tractors across the country. As per the data released by TMA – an authorized body of India Tractor manufacturing Companies, Sonalika ITL dominated 33% of total segment sales and was ahead of its major competitors like Mahindra & Mahindra, John Deere, and New Holland.
Commenting on the growth, Mr. Raman Mittal, Executive Director Sonalika ITL said: “Sonalika ITL is today a trusted brand among farmers across markets, in both India and abroad. The company has always focused on offering latest technology for customized-solutions to all types of farming needs. This added to the increased demand, which we attribute to a healthy monsoon, farm loan waivers, and increasing demand for heavy duty mechanization in enhancing farm productivity.”
Placing India on the world map Sonalika ITL is marketing its products in over 80 countries, including 25 European countries with product range from 20HP to 120HP, which are manufactured in India. Sonalika ITL has established, one of the world’s largest integrated tractor manufacturing plant equipped with world-class technologies at Hoshiarpur, Punjab. The new plant will provide a complete agricultural solution to cater to the needs of the global and domestic markets, matching international standards in quality.
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 7 lakhs customers in more than 80 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 capacity to manufacture approximately 3 lakhs tractors annually with a roll out time of 2 minutes per tractor. The company has strategic business partnership with Yanmar, Japan.