Sonalika sells 9,714 units in May, up 16.5%
by Autocar Pro News Desk , 04 Jun 2018

Hoshiarpur-based company sells 9,714 units in May 2018, registering a 16.5% growth.

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Sonalika ITL

In an effort to double its annual sales in the next 5 years, Sonalika is hiring more than 150 designers and domain experts for the new R&D center in N...

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Sonalika ITL will invest in Netherlands but has also signed an MoU with Dutch Counterpart through INDUS forum on doubling farmer’s income by providing...

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Sonalika ITL strengthens its position by achieving 17.6 percent growth, exceeds the industry average.

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Sonalika ITL sells 6,519 units in April, up 21%
by Autocar pro news desk  05 May 2017

Sonalika ITL, which sells its tractors in the 20hp to 120hp range in over 80 countries, is targeting double-digit growth.

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The tractor maker aims to produce 120,000 units in FY2017-18, utilising 60 percent capacity of this domestic market-specific line.

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While the company sold 69,290 units in the domestic market, up 18 percent YoY, it exported 12,241 units, up 29.3 percent YoY.

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In November, Sonalika despatched 8,121 tractors to overseas markets compared to 6,739 units in the year-ago period.

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Sonalika ITL claims it is the first Indian manufacturer to develop and manufacture a 120hp tractor indigenously.

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Sonalika ITL, which currently exports to 90 countries, aims to expand its presence to five more countries in 2018.

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