Sonalika Tractors, the leading tractor export brand in India, is thrilled to have reached the end of its extensive FY'24 journey by creating a new remarkable milestone, showcasing its dedication to innovation, and utilising its farmer-centric approach. The company is happy to report that in FY'24, it achieved its highest-ever annual market share of 15.3% (est.) and became the only tractor brand to grow in the domestic market. Sonalika's outstanding performance has even allowed them to surpass industry standards in performance.
An impressive 34.4% export market share (est.) among Indian tractor exporting companies was recorded during FY'24, marking the latest peak at Sonalika. The company's position as India's top tractor exporter is strengthened by this, which includes an astounding 6.2% percentile point (est.) change in market share and a sizable lead over the next brand. Throughout the year, Sonalika continued to use its unconventional approach to overcome the challenging circumstances of FY'24.
According to media release from the company, Sonalika also unveiled the largest tractor range, comprising 10 new models in the premium Tiger series with 40–75 horsepower; the Sikander DLX DI 60 Torque Plus, which has the largest engine in its class and the first price of its kind nationwide; and a 5-year tractor warranty that covers the entire tractor range.
By announcing an investment plan worth Rs.1300 crore to establish two new plants in Hoshiarpur, which will solidify Sonalika's status as the owner of the biggest tractor plant in the world.
Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, said, “We are thrilled to have wrapped up our FY’24 journey with an all-time high overall annual market share of 15.3% (est.). We are elated to have become the only tractor brand to grow in India – the largest tractor market in the world and also beaten industry performance. Whereas in exports, we have further reinforced our position as India’s No.1 export brand with 34.4% market share.”
In addition to its remarkable market share achievements, Sonalika Tractors has continuously upheld its commitment to innovation and customer satisfaction. Throughout FY'24, the company introduced several groundbreaking initiatives aimed at enhancing farmer productivity and efficiency. From implementing advanced technological solutions to expanding its service network across remote rural areas, Sonalika remains dedicated to empowering farmers and driving positive change in the agricultural sector.
Tractor Junction also Offer a Monthly Subscription of Tractor Sales (Wholesale, Retail, Statewise, Districtwise, HPwise) Report. Please Contact us for the detailed report.
Subscribe our Telegram Channel for Industry Updates- https://t.me/TJUNC
Follow us for Latest Tractor Industry Updates-
LinkedIn - https://bit.ly/TJLinkedIN
Facebook - https://bit.ly/TJFacebok
{Vehicle Name}
वीएसटी ट्रैक्टर्स और टिलर्स सेल्स रिपोर्ट अप्रैल 2024 : जानिए इस बार कंपनी को बिक्री...
Read Moreमहिंद्रा एंड महिंद्रा अप्रैल 2024 में घरेलू और निर्यात बाजार में 2 प्रतिशत ज्यादा ट्रैक्टर...
Read MoreMahindra & Mahindra released Tractor Sales Report for April 2024. The company sold 35805 units...
Read MoreVST Tillers & Tractor Sales Report for April 2024 has been released. The company sold...
Read Moreएस्कॉर्ट्स कुबोटा ने घरेलू बिक्री में कमी व निर्यात बाजार में ग्रोथ दर्ज की भारत...
Read MoreMahindra & Mahindra released Tractor Sales Report for April 2024. The company sold 35805 units...
Read Moreजानें, कैसे चेक करें 12वीं किस्त के लिए लाभार्थी सूची में अपना नाम सरकार की...
Read Moreमहिंद्रा एंड महिंद्रा अप्रैल 2024 में घरेलू और निर्यात बाजार में 2 प्रतिशत ज्यादा ट्रैक्टर...
Read Moreअब राज्य के किसान 20 मई तक एमएसपी पर बेच सकेंगे गेहूं इस समय देश...
Read Moreवीएसटी ट्रैक्टर्स और टिलर्स सेल्स रिपोर्ट अप्रैल 2024 : जानिए इस बार कंपनी को बिक्री...
Read MoreRequest Call Back
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
Report Incorrect Price -