Hoshiarpur based Sonalika leads industry performance

Chandigarh, August 2, 2020: Hoshiarpur based Sonalika Tractor in July’20 recorded the highest ever domestic growth of 71.7% and overall, Domestic plus Exports, sold 10,223 tractors.
Domestic sales stood at 8219 tractors compared to 4788 sold in the same period of the earlier year.
“This consistent performance, creating new record high and gaining market share is a testimony of our strong foundation and investment in the world’s no.1 vertical integrated plant, largest channel partners, technology savvy supply chain and best team” said Raman Mittal, ED, Sonalika Group
He added, “Our cumulative domestic growth (April-Jul) is at 17.7%, which is the highest in the entire tractor industry. This superlative performance is a result of our strategy to continue launching new tractors customized to meet various geographic and application specific requirements of the farmers across globe.”
“We have been consistently growing amidst the prevailing situation with 25% growth (deliveries) in May’20 and 55% growth (billing) in June’20 and 71.7% growth (billing) in July’20.”
“We look forward to the uptick in demand and continue our growth momentum by surpassing industry growth in the forthcoming festive season as well,” he stated

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