Friday, Apr 26 2024 | Time 08:02 Hrs(IST)
image
Autoworld » Industry update Share

Sonalika ITL reports 26.9 pc growth in Feb

Sonalika ITL reports 26.9 pc growth in Feb

New Delhi, Mar 9 (UNI) Tractor brand Sonalika International Tractors Ltd reported a growth of 26.9 per cent in its total sales at 5549 units in February, 2017 against 4372 units in the same month last year. The export division of the company has achieved an outstanding growth of 153 per cent by achieving a figure of 1060 units sold, compared to 418 units in February 2016. Raman Mittal, Executive Director, Sonalika ITL said, “We are truly delighted with a growth figure of 26.9 per cent. Company have registered highest market share of 13 per cent and this all because of our continued commitment to providing the best our products to the farmers that is most suited to their needs.” “Our brand initiatives, market strategies and after sale services have helped us to maintain our growth trajectory. Our month on month growth is a testimony to our continued efforts in providing the best available experience to our customers through products and services with a complete high-end technical solution,” he added. Placing India on the world map Sonalika ITL is marketing its products in over 80 countries, including 25 European countries with product range from 20HP to 120HP, which are manufactured in India. The company has established, one of the world’s largest integrated tractor manufacturing plant equipped with world-class technologies at Hoshiarpur, Punjab. The new plant will provide a complete agricultural solution to cater to the needs of the global and domestic markets, matching international standards in quality. UNI ASH RJ 1354

image