New Delhi – Sonalika Tractors, India’s leading tractor export brand, has wrapped up 2024 with a monumental achievement, recording its highest-ever monthly overall market share of 18% in December. With an impressive 33% growth, the company sold 10,639 tractors in Dec ’24, significantly outpacing the industry’s growth rate by 2.4 times.
This milestone reflects Sonalika’s relentless dedication to innovation and its commitment to equipping farmers with customized heavy-duty tractor solutions. From April to December 2024, the company achieved a remarkable YTD sales figure of 1,19,369 tractors, solidifying its leadership in the agricultural machinery sector.
Driving Innovation for Farmers Worldwide
Sonalika’s success is rooted in its strategy of modernizing agricultural practices across over 150 countries. By tailoring its tractor portfolio to specific crop and soil needs and strengthening its service network, the company has positioned itself as a trusted ally to farmers, delivering solutions that meet diverse challenges in agriculture.
Leadership Insights
Celebrating the milestone, Mr. Raman Mittal, Joint Managing Director of International Tractors Limited, stated:
“Each tractor we produce represents our dedication to empowering the farming community with growth, resilience, and hope. Achieving an 18% market share and 33% growth in December is a testament to our unwavering commitment. As we step into 2025, we are determined to exceed expectations and drive agricultural prosperity with our robust lineup of heavy-duty tractors.”
A Promising Future
With this record-breaking performance, Sonalika Tractors enters 2025 poised for continued growth and innovation. As the company forges ahead, it reaffirms its mission to support farmers in creating a brighter, more prosperous future.
This landmark achievement underscores Sonalika’s leadership in redefining excellence within the tractor industry and its unwavering commitment to the agricultural community.