Mechanization and Technology

Sonalika Sells 13,338 Tractor in May 2024, Registers 5.2% Growth

Quick Share

11 June 2024, New Delhi: Sonalika Tractors recorded 13,338 overall tractor sales in May 2024 with 5.2% growth in the domestic market, beating industry growth.

Monsoon has already hit the Indian shores and forecasts suggest an above-average rainfall, thereby keeping alive hopes of agri-powered economy and farmers for increased farm output. Sonalika Tractors has been aggressively moving ahead in FY’25 and optimised all its strategies and energies towards customising new-age technologies for Indian farmers. The company has also launched its latest ‘June Jackpot’ offer to ensure farmers adopt Sonalika heavy-duty tractors at optimal prices and achieve farm mechanisation.

Sharing his thoughts on the new performance, Mr Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We are excited to record 13,338 overall tractor sales in May’24 and continued to beat domestic industry performance. Kharif season outset in India has brought in some buoyancy in tractor buying and we are happy that the inevitable change towards farm mechanisation is gradually taking shape. Monsoon plays a critical role in the agri ecosystem output and only the adoption of new-age farm technologies can bring fundamental change in the Indian farming landscape. We are excited to be among the frontrunners for leading this evolution and have already launched farmer farmer-friendly scheme in June’24 and moving forward will continue to launch new advanced heavy-duty tractors.” 

Also Read: Urged to take advantage of the “New National Biogas and Organic Manure Programme”

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

Quick Share