Auto Sales April 2022: Sonalika Tractors Records 43.5 Per Cent Sales Growth In Domestic Market
Highlights
- Sonalika Tractors recorded a growth of 43.5 per cent in domestic market.
- The company sold 10,217 units in India.
- Overall sales (including exports) stood at 12,328 units in April 2022.
Sonalika Tractors has recorded its highest ever domestic sales at 10,217 units, registering a healthy double-digit growth of 43.5 per cent when compared to 7,122 units sold in the same month last year. Overall sales of the company (including exports) stood at 12,328 units in April 2022. The company says that it has doubled its exports in the last two years and continues receiving overwhelming response for its heavy-duty range as it has been clocking over 1 lakh annual tractor sales for the last five years.
Also Read: Sonalika Becomes The Largest Tractor Exports Brand In India
Raman Mittal, Joint Managing Director - Sonalika Tractors, said, "It is invigorating to start the Q1 FY'23 with highest ever April month overall sales of 12,328 tractors with best-ever April domestic sales. With a staggering 43.5 per cent growth in domestic market, we have surpassed industry growth of est. 41 per cent even at such high growth levels and this has certainly set course for us in this year. I am thankful to our customers for this incremental trust level in our technologically advanced and customized tractors and our channel partners who remain committed with us to deliver better than the best across the world."
Also Read: New Sonalika Tiger DI Tractors Launched In India
Last year, Sonalika Tractors also became the largest tractor export brand in India recording an impressive year-to-date (YTD) growth of 60.1 per cent in the April 2021 - January 2022 period. The company exported 28,722 units between April 2021 and January 2022 as compared to 17,938 units exported in the same period a year ago. In January 2022, Sonalika Tractors exported 3,022 units as compared to 2,004 units exported in the same month a year ago, thereby recording a growth of 50.8 per cent.
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- Auto Sales April 2022: Sonalika Tractors Records 43.5 Per Cent Sales Growth In Domestic Market