HT Bureau
GUWAHATI, Jan 6: Sonalika Tractors completed its year 2024 journey by setting a new benchmark by recording its highest-ever monthly overall market share of 18% in December ‘24, said an official statement on Monday.
This impressive feat was driven by an extraordinary 10,639 overall tractor sales, a robust 33% growth over 7,999 tractors sold in Dec ‘23 and surpassing industry growth by an estimated 2.4x, it said.
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Sonalika has maintained its momentum in FY 25 with YTD sales of 1,19,369 overall tractor sales in April-December ‘24, it further stated.
“With a relentless focus on modernising agricultural practices and empowering farmers in more than 150 countries, the company has continuously pushed boundaries to redefine excellence in the tractor industry”, the statement read.
From expanding its heavy duty tractor portfolio as per farmer’s crop and soil needs, to enhancing its service network, staying as close as possible to customers, Sonalika has consistently positioned itself as a trusted partner in the journey toward agricultural prosperity.
Sharing thoughts on this unprecedented achievement, Raman Mittal, joint managing director of International Tractors Limited, said, “With every tractor, we reinforce our commitment to plant the seeds of growth, resilience and hope for our farming community. The new milestone of highest ever monthly market share of 18% in Dec’24 has been a perfect culmination of a year brimming with benchmark performance and new milestones.”
He further said, “With 33% growth during the month, we have beaten industry growth by 2.4x. Over and above this exciting journey, our greatest reward lies in spearheading farmers toward a brighter and more prosperous tomorrow.”
He further asserted Sonalika Tractors’ commitment by saying that, with their robust portfolio of heavy-duty tractors, they are poised to seize every new opportunity in the New Year 2025 and are committed to deliver on farmer expectations and driving agricultural prosperity.”
The statement ended with greetings for the New Year.
