“The Union Budget 2018-19’s strong pro-farmer focus can provide a much-need stimulus to the agriculture sector. Increasing MSP on Kharif crops, larger food processing sector allocation, and other farm programmes can accelerate the sector’s growth. We also appreciate the budget’s focus on increasing farmer income and profitability, through better farm price realization and adoption of low cost farming practices. The resulting growth can incentivize farmers to invest in mechanisation to expand the volume of produce from their land parcels.”
Related Articles
Auto Events
Sonalika ITL showcases its product power at CII Agro Tech with Solis 120
Heavy duty range of tractors from 20 HP to 120 HP Sonalika International Tractors Ltd., the 3rd largest tractor manufacturer of India, displays their range of powerful tractors in the ongoing CII Agro Tech at […]
Financial Results
Sonalika ITL embarks on a new growth trajectory, closes FY18-Q1 with record-breaking sales of 25002 units
Further fortified its leadership position by achieving 17.6 % growth Surpasses the Industry Average; trailing ahead of competitors New Delhi, 10th July 2017: India’s youngest and the third largest tractor brand, Sonalika International Tractors Ltd, […]
Financial Results
Sonalika ITL’s annual revenue grows by 17%, a remarkable 4268 crores
Highest ever sales of 81531 tractor units Registering growth more than industry, increased market share from 11.9% to 12.3% Company has increased its manufacturing capacity to 3 lakhs per annum with the onset of its […]
