Saturday, December 20, 2025
News

Sonalika drives into FY'25 with staggering 11,656 overall tractor sales and gains market share in April'24

SocialTwist Tell-a-Friend    Print this Page   COMMENT

| May 10, 2024 3:59:34 PM IST
PNN

New Delhi [India], May 10: After an unprecedented success in FY'24 with the highest ever annual overall market share, India's No. 1 tractor export brand Sonalika Tractors is excited to have commenced its FY'25 journey with a robust new platform. The company has clocked a record 11,656 overall tractor sales and has continued to gain market share on a y-o-y basis in April'24 with its diligent efforts and perseverance.

Every innovative tractor which is rolled out from Sonalika's World's No. 1 tractor plant in Hoshiarpur exhibits excellence in terms of delivering productivity and profitability for farmers. Sonalika's thrust on creating a perfect blend of quality and performance in its heavy tractor range has enabled the company to firmly secure the 3rd largest tractor brand position in India - the world's biggest tractor market. The company has already launched a 5-year warranty and showcasing tractor prices on its website, which keeps them perpetually excited about having Sonalika as a reliable partner in their farming journey.

Sharing his thoughts on the new benchmark performance, Raman Mittal, Joint Managing Director, International Tractors Limited, said, "We are elated to have begun our FY'25 voyage with an exciting performance of 11,656 overall tractor sales in April'24 with a market share gain. Our advanced heavy-duty tractor series have consistently led farmers towards a world full of new opportunities and which is why we are today proudly 15+ lakh farmer family.

Moreover, the El Nino effect continues to weaken and with above normal monsoon predictions in the year ahead, the reservoirs are expected to rebound faster to normal levels which should subsequently make for a healthy demand during the year. With a year full of boundless opportunities ahead, we are now more confident to launch new products in FY'25 for increasing farmer productivity as we believe there remains no limit for us to what can be achieved."

(ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same)

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Acharya Balkrishna and Sambhrant Sharma ...
India-Oman CEPA creates new growth pathw...
IHC-ICPR Study Circle Lecture Series Ina...
Indian Diamond Artistry Meets Automotive...
One Universal Production Group (OUP) Off...
India Post emerges as a key driver of di...
More...
 
INDIA WORLD ASIA
Maharashtra: Polling underway for Washim...
Congress MP Sasikanth Senthil criticises...
'Don't support drug lords, protect stray...
BJP's Ram Kadam defends Kokate's resigna...
Delhi CM Rekha Gupta offers prayers at S...
'DMK opposed SIR from beginning as delet...
More...    
 
 Top Stories
UN marks second World Meditation Da... 
US Kids Indian Championship: Nihal,... 
Dr. Gautam Das founder of Daradia: ... 
"Should be called TRUMP Act:" Jaira... 
Irfan Pathan reveals teams to watch... 
Pakistan: Residents of South Waziri... 
Union Minister Giriraj Singh emphas... 
Telangana: Congress protests VB-G R...