Sonalika sells 9,714 units in May, up 16.5%
Hoshiarpur-based company sells 9,714 units in May 2018, registering a 16.5% growth.
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The Sikandar model from Sonalika Tractors
Sonalika Tractors, owned by International Tractors (ITL), has reported sales of 9,714 units in May 2018, a year-on-year growth of 16.5 percent.
ITL, which has an integrated tractor manufacturing plant in Hoshiarpur, Punjab, also manufactures Solis tractors.
According to Raman Mittal, executive director Sonalika ITL, “With the arrival of monsoon in Kerala, we are looking at a favourable monsoon across the nation, which will boost farmer sentiments.”
The company says Sonalika tractors are exported to 100 countries. Its product range consists of tractors powered by 20hp engine upto a 120 hp engine.
Also read: Sonalika ITL to invest Rs 200 crores for a new R&D centre in NCR
Sonalika ITL to setup operations in Netherlands, to support European biz
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