Sonalika clocks a staggering 43.5% domestic growth to register the highest ever April domestic sales of 10,217 tractors and beats industry growth (est. 41%)

PUNE: Succeeding its record performance clocked in FY’22 both in tractor sales and production, India’s No1 tractor exports brand Sonalika is now ready to take the market by storm in FY’23. Sonalika Tractors has recorded its highest-ever April month overall tractor sales of 12,328 units. This is powered by the best ever April’s domestic sales of 10,217 tractors, an increase of 43.5% over the 7,122 domestic tractor sales recorded in April’21. With this, the company has beaten industry growth of est. 41% even at such high growth levels and prepared a strong platform to achieve the extraordinary yet again during the new financial year.

One of India’s leading tractor manufacturers, Sonalika follows a unique approach to developing customized tractors that address all critical needs of farmers – be it related to farming or haulage. Ensuring farm prosperity across the world, the company has doubled its exports in the last two years and won their trust across regions. The company continues to receive an overwhelming response for its heavy-duty range as it has been clocking over 1 lakh annual tractor sales every year over the past half a decade. Entering the FY’23, Sonalika is fully prepared with new product launches lined up during the year and ensures superior services to its customers worldwide.

Mr. Raman Mittal, Joint Managing Director, Sonalika Tractors, said,

“It is invigorating to start the Q1 FY’23 with highest-ever April month overall sales of 12,328 tractors with best ever April domestic sales. we have surpassed industry growth of est. 41% even at such high growth levels and this has certainly set the course for us this year. I am thankful to our customers for this incremental trust level in our technologically advanced and customized tractors and our channel partners who remain committed with us to deliver better than the best across the world.”

He added, “that despite overpowering challenges throughout FY’22, we continued to build up strong momentum and ensured to carry the same forward for a splendid performance in FY’23. With prevailing positive sentiments, bumper wheat harvest, and likely normal monsoon, the market demand has gradually picked up momentum. Sonalika will leave no stone unturned in addressing farmers’ crop and geography-specific needs and speed up farm mechanization for a prosperous future. Gearing up for FY’23, we will continue to follow our product offensive strategy that includes innovative new tractors as well as advanced technology upgrades”.

source https://nrinews24x7.com/sonalika-clocks-a-staggering-43-5-domestic-growth-to-register-the-highest-ever-april-domestic-sales-of-10217-tractors-and-beats-industry-growth-est-41/

May 14, 2022