Sonalika Tractors has recorded its highest-ever April month general tractor gross sales of 12,328 models, a rise of 43.5% over final 12 months.
Succeeding its efficiency clocked in FY ’22 each in tractor gross sales and manufacturing, Sonalika Tractors has recorded its highest-ever April month general tractor gross sales of 12,328 models. This is powered by April’s finest home gross sales of 10,217 tractors, a rise of 43.5% over the 7,122 home tractor gross sales recorded on April 21.
With this, the corporate has crushed trade progress of est. 41% even at such excessive progress ranges and ready a robust platform to realize the extraordinary but once more throughout the brand new monetary 12 months.
Sonalika follows a singular method of growing customised tractors that deal with wants of farmers – be it associated to farming or haulage. The firm has doubled its exports within the final two years. The firm continues to obtain an excellent response for its heavy-duty vary because it has been clocking over 1 lakh annual tractor gross sales yearly over the previous half a decade.
Entering FY ’23, Sonalika is totally ready with new product launches lined up through the 12 months and ensures superior providers to its prospects worldwide.
Sharing his ideas in regards to the superior efficiency, Raman Mittal, Joint Managing Director, Sonalika Tractors, mentioned “It is invigorating to start the Q1 FY ’23 with highest-ever April month overall sales of 12,328 tractors with best April domestic sales. With a staggering 43.5% growth in the domestic market, 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, “Year after year, we have commanded the position of No1 tractor export brand from India and have doubled our export volumes in just two years. While 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 mechanisation 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: www.financialexpress.com”