Astrology

Sonalika becomes the largest tractor export brand in India, registering a growth of 60.1 percent

February 12, 2022
Bharat Times

Sonalika exported 28,722 units between April 2021 and January 2022, registering a growth of 60.1 per cent as compared to 17,938 units exported in the same period a year ago.


Sonalika Tractors exported 28,722 units between April 2021 to January 2022.

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Sonalika Tractors exported 28,722 units between April 2021 to January 2022.

Sonalika Tractors has become the largest tractor export brand in India registering an impressive year-on-year (YTD) growth of 60.1 per cent in the period April 2021 – January 2022. The company exported 28,722 units between April 2021 and January 2022, as compared to 17,938 units exported in the same period a year ago. In January 2022, Sonalika Tractors exported 3,022 units as compared to 2,004 units exported in the same month a year ago, registering a growth of 50.8 per cent.

Read also: Sonalika Tiger DI New Tractors Launched in India

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Raman Mittal, Executive Director- Sonalika Group

Sharing his thoughts on the unmatched performance, Raman Mittal, Executive Director, Sonalika said, “Whether it is India or the international market, we thank every farmer for their faith in our technologically advanced farm mechanization solutions. Continuity has become our DNA. As a team we have registered 60.1 percent YTD growth in exports to reach 28,722 tractor sales in the 10 months of FY22 (Apr’21-Jan’22). We are across multiple potential markets. Proudly standing among the top 2 brands in spite of bad times. And in a year of many variables. We are happy to share that we are in the competitive global India with a major market share of 26.9 percent (YTD Jan’22) Continually expanding our footprint as the No. 1 tractor export brand from the market.”

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Sonalika Tractors has a market share of 26.9 per cent in the export market. Its major markets are Algeria, Bangladesh and neighboring countries like Myanmar and Nepal. In Europe, Sonalika has broken into the league of top 3 tractor brands in the addressable segment in Germany, France, Portugal, Finland, Iceland and Hungary.

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