Sonalika accelerates its growth in FY’23, with overall tractor sales of 12,615 units, up 42.1 percent from the previous year.

Sonalika accelerates its growth in FY’23, with overall tractor sales of 12,615 units, up 42.1 percent from the previous year.

Sonalika Tractors, which has revolutionized the tractor business with its heavy duty tractor range, has strengthened its FY’23 platform for an exciting year ahead.

Sonalika, India’s No. 1 tractor export brand, has continued to post strong results in the current fiscal year, with overall tractor sales of 12,615 units, the largest in the company’s history. The outstanding achievement includes a staggering 42.1 percent increase over the 8,878 tractors sold in May of this year, as demand for advanced tractors continues to rise across the sector.

In May of this year, Sonalika Tractors increased its commitment to the success of Indian farmers by expanding its unique region-centric, tailored tractor range.

During the month, the business unveiled two new tractors for Madhya Pradesh farmers: the ‘Sonalika Sikander RX 50 with 12 F + 3R transmission’ and the ‘Sonalika Sikander RX 50 with 12 F + 3R transmission.’ Later in the month, the ‘Sonalika MM 18 Narrow Track’ was unveiled, which was designed specifically for Gujarat farmers who work in orchards and vineyards. Both tractors are built to set new standards in terms of power and mileage while providing unrivaled performance and value.

ITL’s Joint Managing Director, Mr. Raman Mittal

Mr. Raman Mittal, Joint Managing Director, ITL, stated of the incredible performance, “It feels energizing as all of our concerted efforts have resulted in another electric performance by Sonalika in May’22.”

We sold 12,615 tractors in May, a record 42.1 percent increase over the previous month. Sonalika is dedicated to meeting the needs of individual farms and delivering dynamic tractor performance as well as affordability for farmers’ peace of mind.

Favorable circumstances such as the government’s steady increase in MSP, enhanced rabi crop procurement, and now the timely arrival of monsoon in the country would provide a sustainable platform for agriculture to thrive in FY’23.”