Business Brief

Sonalika Tractors Sold One Lakh Tractors   

Chandigarh: Country’s largest tractor manufacturer Sonalika International Tractors Limited achieved the record annual sales of 1 lakh tractors in FY18, registering an overall growth of 22%. The company has recorded a robust growth of 56% in the fourth quarter of financial year 2018, surpassing the industry growth. In March, the company has registered phenomenal growth of 80%, with the total sales of 12,791 tractors.

Commenting on this dream come true milestone, Raman Mittal, Executive Director Sonalika International Tractors Limited stated, “In FY’13, when we sold 50,853 tractors, we set a vision for ourselves to achieve the 1 lakh milestone by FY’18. To achieve this dream we kept farmers at the center point. We started making customized products best suited for every state, every type of soil conditions and multiple applications like puddling, orchard farming, potato farming, rotavator, cultivator and many more. It was a simple objective but required very complex solution, it meant having more than 1000+ variants with most advanced technology at a competitive price which has resulted in widest product range from 20-120HP.

Our products are manufactured with strong research and manufacturing engineering. To achieve this, we have invested extensively in building in-house capabilities for newer technologies like CRDi and implements, which required building a huge manufacturing facility where the large variety of products can be made at best quality and price with flexibility to match seasonal demands. All this resulted in creation of world’s largest manufacturing facility.

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