Auto Sales October 2021: Sonalika Tractors Registers 5.5 Per Cent Growth
Highlights
- Sonalika sold 17,130 units last month.
- It sold 85,068 units in the April 2021 - October 2021 period.
- It recorded a growth of 6.56 per cent on YTD basis.
Sonalika Tractors has recorded a sales growth of 5.5 per cent in October 2021, selling 17,130 units. The growth is primarily attributed to the festive season demand and Sonalika's new range of tractors like the Tiger and Sikander DLX along with region-specific tractors such as Chhatrapati for Maharashtra & Mahabali for Telangana have been the major volume garners. The range is then joined by the Maharaja, a fully customised tractor especially designed for farmers in Rajasthan. Sonalika's tractors are rolled out from its manufacturing plant in Hoshiarpur, Punjab.
Raman Mittal, Executive Director - Sonalika Tractors, said, "Festive season is mostly the time when farmers are more than willing to upgrade their existing tractor range with advanced technologies that could further increase their productivity as well as income. I feel overwhelmed to announce that the supreme trust of farmers in Sonalika's heavy duty portfolio has once again enabled us to set a new benchmark in our magnificent journey. In line with Sonalika's DNA of keeping farmer's requirements at the core, we started preparing ourselves after Q1 FY'22 itself so that our customised tractors offer the best value for money package to farmers across the world. Rising adoption of farm mechanisation coupled with the introduction of precision farming to increase productivity has been significantly driving the Indian tractors market and Sonalika remains fully committed to move faster towards its vision of 'Leading Agri Evolution' across the world."
In the April 2021 - October 2021 period, Sonalika has sold 85,068 units overall, recording a growth of 6.56 per cent over 79,829 units sold in the same period a year ago.