City
Epaper

ITL attains new milestone of biggest ever annual sales of 1,51,160 tractors in FY'23

By ANI | Updated: April 6, 2023 14:45 IST

New Delhi [India], April 6 (/PNN): Fulfilling the most unique farmer demands and keeping up to its promises across ...

Open in App

New Delhi [India], April 6 (/PNN): Fulfilling the most unique farmer demands and keeping up to its promises across the world throughout the year, International Tractors Limited (ITL) has concluded its vibrant FY'23 journey with a blazing performance. India's No. 1 tractor export brand, ITL fully capitalized its innovation streak and farmer centric approach to stand tall on its biggest ever annual sales mark of 1,51,160 tractors. This roaring achievement accounts for staggering 14.1% market share and includes 11% overall growth.

Unpredictable market requirements have been among the strong characteristics of India - the world's largest tractor market and the diversified crop and soil landscape in the country continues to be highly demanding. ITL has always ensured to introduce innovative tractors and remain in-sync with its channel partners to address even the most unique exigencies. Accomplishing the new sales landmark highlights farmer's growing belief in ITL as a one stop farm solution provider and the company's promise to ensure farmers' delight across the globe.

Sharing his thoughts on the exemplary performance, Raman Mittal, Joint Managing Director, International Tractors Limited, said, "I feel elated to announce that FY'23 is the biggest year in ITL as we have recorded our highest annual sales of 1,51,160 tractors. It is the 2nd biggest milestone for us after the 1 lakh annual tractor sales. The new landmark achievement has been driven by multiple initiatives - our precise focus on product innovation, pioneering to reveal tractor prices on website that raised transparency in tractor industry, easy credit availability to farmers through our NBFC, on-boarding 3000+ youth from technical institutes like ITI, 3x2 service promise, digitalisation and on-ground connect with farmers. With re-energised strategies, our teams and channel partners remain all geared up and adaptive to accomplish new big milestones moving forward."

This story is provided by PNN. will not be responsible in any way for the content of this article. (/PNN)

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Sonalika TractorsRaman mittalindiaNew DelhiNbfcThe new delhi municipal councilDelhi south-westIndiUk-indiaRepublic of indiaIndia india
Open in App

Related Stories

NationalWhat Is HMPV? Symptoms and How to Stay Safe During Human Metapneumovirus Outbreak

Social ViralIndia’s ‘Drill Man,’ Kranthi Kumar Panikera, Sets Guinness World Record by Stopping 57 Electric Fans with Tongue (Watch Video)

International'Important Neighbour, Dependent on India in Many Ways': Bangladesh’s Army Chief Hails Ties With India

CricketWTC 2023-25: How Can India Qualify For the Final After Losing Melbourne Test

NationalCong Posters Display ‘Distorted’ India Map in Belagavi, BJP Says Vile Act for Appeasement Politics

Business Realted Stories

BusinessIndian stock market opens higher, Nifty crosses 23,700 in early trade

BusinessJeju Air to cut 188 international flights from Busan after deadly crash

BusinessNifty, Sensex opened in recovery mode on Tuesday, experts say outlook for markets cloudy for now

BusinessSamsung to launch new Galaxy smartphones with advanced AI in US this month

BusinessQuick commerce to expand into new categories and cities in 2025; smaller cities embrace the model: Bernstein Report