Sonalika records highest-ever April sales

A new record of overall sales of 12,590 tractors

New Delhi, 8 May 2023: After registering a record-breaking performance in FY 2023 of highest-ever annual sales, Sonalika Tractors has ensured to carry forward the same momentum in FY’24 as well. India’s No1 tractor export brand, Sonalika has
touched a new record for highest ever April overall sales of 12,590 tractors,
underlining the brand’s fast-growing preference among the farming community.
This extraordinary performance has resulted in a 1.9% market share gain in the
tractor industry.

One of India’s leading tractor brands, Sonalika’s holistic approach to address
farmer’s demands and accordingly develop state-of-the-art technologies
continuously has been spearheading the company's growth. The company’s
purposeful focus on research and innovation processes as well as on the ground
connect with farmers has enabled it to design the widest range of tractors with
powerful engine, intelligent transmission and hydraulics for farmers to touch new
heights of productivity as well as profitability. Sonalika is fully geared up to offer
superior products and services for farmers’ delight in FY 2024.

Sharing his comments on the remarkable performance, Mr Raman Mittal, Joint
Managing Director, International Tractors Limited, said, “It feels great to enter
into a new financial year with a flying start, capitalizing on our strong foundation,
robust processes and product portfolio. We have recorded highest ever April
overall sales of 12,590 tractors with the highest market share gain of 1.9% (est.) in the tractor industry. This has set the momentum as a stepping stone for us to target and go beyond excellence in the new financial year. Consistency in ensuring
affordable innovative products for farmers with easy accessibility will continue to
remain paramount for us in FY’24.”