Sonalika Tractors Achieves Record 16.3% Market Share in November'23

Mobility Outlook Bureau
07 Dec 2023
09:47 AM
1 Min Read

The company also marks the sale of 12,891 tractors in November and has surpassed one lakh tractor sales in the fiscal year 2023-24 within eight months.


Sonalika

Sonalika Tractors has announced to have achieved a market share of 16.3% in November'23, recording the highest overall growth of 23%, surpassing industry growth estimates of 2%.

The company also marks the sale of 12,891 tractors in November and has surpassed one lakh tractor sales in the fiscal year 2023-24 within eight months.

Fueled by bullish buying during the festive season and Sonalika's strategic product availability, the company outperforms industry expectations. This remarkable achievement underscores Sonalika's commitment to advancing farm growth and shaping a progressive future for farmers. With a strong presence in over 15 lakh farmer families, Sonalika continues to build trust with its heavy-duty tractor portfolio.

Raman Mittal, Joint Managing Director, International Tractors Limited, said, 'This achievement reflects our commitment to providing rightly priced, technologically advanced tractors with convenient access through our extensive dealer network.'

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