Chennai: Leading tractor brand, Sonalika International Tractors Limited, has announced that the company has registered an overall growth of 17.8 per cent with a sale of 1,02,693 tractors from April]’18- Feb’19 as compared to 87,210 tractors same period last year.
The growth surpassed the industry growth of approximately 10.9 per cent.
In exports, the company for the month of February recorded growth of 20.3 per cent with a sale of 1,507 tractors as compared to 1,253 tractors in the same period last year.
Executive director at Sonalika ITL, Raman Mittal, stated, “This consistent growth trajectory is the testament of our commitment towards providing best-in-class tractors to farmers globally. After the successful launch of the Sikander Series, we have recently launched Mileage Master Series. With this launch we will surely continue our growth trail and will achieve newer milestones in the up-coming month.”
The company has also increased its global footprint in over 110 countries, it said.