City
Epaper

Sonalika Records highest ever April overall sales of 12,590 tractors and highest market share gain 1.9 per cent in the tractor industry

By ANI | Updated: May 8, 2023 19:10 IST

New Delhi [India], May 8 (/PNN): After registering a record-breaking performance in FY'23 of highest-ever annual sales, Sonalika Tractors ...

Open in App

New Delhi [India], May 8 (/PNN): After registering a record-breaking performance in FY'23 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 of 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 per cent market share gain in the tractor industry.

One of India's leading tractor brands, Sonalika's holistic approach to addressing farmers' demands and accordingly developing 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-ground connections with farmers, has enabled it to design the widest range of tractors with powerful engines, 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'24.

Sharing his comments on the remarkable performance, 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 the highest-ever April overall sales of 12,590 tractors with the highest market share gain of 1.9 per cent (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."

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 tractorsInternational tractors limitedRaman mittalindiaDisney IndiaNew DelhiAll India Majlis E Ittehadul MuslimeenCommunist Party Of India MarxistIndia TodayAir Asia IndiaAsia IndiaFifa U 17 World Cup IndiaAll India Football Federation
Open in App

Related Stories

InternationalUS Government Shutdown: US Embassy in India’s X Account to Pause Regular Updates Until Full Operations Resume

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Final

NationalRajnath Singh and Abdeltif Loudiyi Sign MoU on Defence Cooperation; Focus on Counter-Terrorism, Cyber Security, and Maritime Safety (Watch Video)

CricketIND vs PAK 2025 Live Streaming: Head-to-Head Record, When and Where to Watch India vs Pakistan Asia Cup Super 4 Clash

MumbaiNamo Yuva Yatra: Milind Soman Flags Off Campaign in Mumbai, Says ‘Theme of a Drug-Free India Is Very Important’ (Watch Videos)

Business Realted Stories

BusinessHyundai, Kia's US sales up 12.1 pc in Sep on robust EV demand

BusinessPension funds hail NPS reforms, call new framework a game-changer for sector

BusinessIndia’s economy stays resilient in April-September over robust consumption, investments

BusinessAnshul Garg Mohan – Mr. Ashutosh Gupta – SDM Noida and The Akshaya Patra Foundation – Supports 500 Govt. School Students With Bags And Bottles

BusinessSephora and Rare Beauty's "Make A Rare Impact" Join Forces for the Third Year in Honor of World Mental Health Day