Sonalika Sells Total 10,683 Units Of Tractors In July’23

Indian tractor manufacturing company, Sonalika Tractors has recorded an overall sales of 10,683 tractors in July’23 which includes 14 per cent domestic growth and has beaten industry growth (est. 6.4%). With this, Sonalika has also surpassed 50,000 cumulative tractor sales mark in 4 months of FY’24 (Apr-July’23).

Small and marginal farmers constitute around 86 per cent in India, who generally possess small land holdings and limited resource availability as well as awareness for farm mechanisation. Due to this, the overall mechanisation in agriculture stands at 47 per cent, much lower than countries like United States (95 per cent), Brazil (75 per cent) and China (59.5 per cent). Sonalika Tractors has been supporting the entire farmer fraternity to adopt farm mechanisation as it rolls out the widest, heavy duty tractors range in 20-120 HP. 

The company has already been showcasing its entire tractor price range on the official website for transparency in the tractor buying process. 

Sharing his views on the new achievement, Raman Mittal, Joint Managing Director of International Tractors, said, “Delivering farmer happiness is the core at ITL and the same will always remain as an integral part of every new innovation undertaken by us. Creating awareness and supporting adoption of farm mechanisation is our top priority as it will help farmers progress faster towards prosperity.”