City
Epaper

Sonalika accelerates its journey in FY'23; clocks highest ever May overall tractor sales of 12,615 units with 42.1 percent growth

By ANI | Updated: June 2, 2022 16:00 IST

Revolutionising the tractor industry with its heavy duty tractor portfolio, Sonalika Tractors has further reinforced its FY'23 platform for an electrifying year ahead. India's No.1 tractor export brand, Sonalika has continued to register yet another dynamic performance in new financial year and clocked its highest ever May overall tractor sales of 12,615 units.

Open in App

Revolutionising the tractor industry with its heavy duty tractor portfolio, Sonalika Tractors has further reinforced its FY'23 platform for an electrifying year ahead. India's No.1 tractor export brand, Sonalika has continued to register yet another dynamic performance in new financial year and clocked its highest ever May overall tractor sales of 12,615 units.

The extraordinary performance includes stupendous 42.1 per cent growth over the 8,878 tractor sales recorded in May'21 as the demand for advanced tractors continues to see uptick across the industry.

Sonalika Tractors also intensified its commitment for farmers' prosperity in India and expanded its unique region-centric, customised tractor range in May'22. During the month, the company introduced two new tractors - 'Sonalika Sikander RX 50 with 12 F + 3R transmission' for Madhya Pradesh farmers to deliver powerful performance.

This was followed by launch of 'Sonalika MM 18 Narrow Track' launched especially for Gujarat farmers that are into orchards and vineyards later during the month. Both tractors are designed to set new benchmarks both in power and mileage while delivering an unmatched performance as well as affordability.

Speaking on the staggering performance, Raman Mittal, Joint Managing Director, ITL, said, "It feels invigorating as all our concerted efforts have resulted in another electrifying performance by Sonalika in May'22. With a record 42.1 per cent growth, we have registered our highest ever May sales of 12,615 tractors. Sonalika truly believes in addressing specific farmer requirements and deliver dynamic tractor performance as well as affordability for farmers' peace of mind. Favourable factors such as consistent increase in MSP by government, improved rabi crop procurement and now the timely arrival of monsoon in the country will set up viable platform for agriculture activities to flourish in FY'23."

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

( With inputs from ANI )

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 mittalMadhya PradeshNortheast madhya pradeshInternational tractors limitedNorthwest madhya pradesh
Open in App

Related Stories

NationalIndore Shocker: Cyber Cafe Operator, Two Others Booked for Creating Fake Mark Sheets

NationalMP: Several Injured as Peepal Tree Branch Falls in Bhind Vegetable Market (Watch)

NationalMandsaur Accident Update: 11 Killed Afte Van Hits Bike, Falls in Water-Filled Well in Madhya Pradesh

NationalMP Accident: Several Feared Dead As Van Falls Into Poisonous Well in Mandsaur

NationalDamoh Accident: 8 killed, Six Injured as SUV Falls Off Bridge Onto Riverbed in MP

Business Realted Stories

BusinessAfter banning imports, India now bars Pakistani ships from entering its ports

BusinessPublic Health Service via Jijau Social Foundation - An Inspiring Presence by Speaker Rahul Narwekar

BusinessCentre's ban will cut India's import from Pakistan to zero from USD 0.5 million: GTRI's Ajay Srivastava

BusinessThree owners of six business entities held in Punjab for GST evasion

BusinessSmartphone sales up 3 pc globally in Q1, average selling price grows 1 pc