Chennai: Sonalika International Tractors Limited has recorded a significant growth of 130 per cent in exports with sales of 1694 tractors in January 2019 as compared to 735 tractors same period last year.Overall, the company has registered growth of 11 per cent with 7494 tractors (domestic + exports) in January 2019. On a cumulative basis (Apri 2018 – January 2019), the company has recorded an overall growth of 20 per cent with sales of 95,001 tractors as compared to 79,209 tractors same period last year.
Speaking on the growth trajectory, executive director, Sonalika Group, Raman Mittal said, “We are extremely delighted to register the unprecedented growth of 130 per cent in exports. This phenomenal growth is accredited to our commitment of providing the best customized solutions to farmers globally. With this growth we have strengthened our position of being number 1 in four countries as well as having a strong presence in over 100 countries.”
Sonalika International Tractors Limited has an integrated tractor manufacturing plant in Hoshiarpur. The company exports tractors to over 100 countries and offers customized solutions in the heavy-duty product range from 20-120HP.