NEW DELHI: Top tractor export brand, Sonalika Tractors has clocked its highest ever deliveries of 20,000 tractors in October this year with 16 per cent billing growth, which is almost double the estimated 7 per cent industry growth.
Market sentiments in tractor industry gained momentum from the Navaratri season and remained positive in October, especially during its run-up to Deepavali this month.
Sharing his thoughts on the achievement, Raman Mittal, Joint Managing Director, International Tractors Ltd, said, “We feel very proud to have created yet another milestone this October with our highest ever deliveries of 20,000 tractors with 16 per cent billing growth, more than double the estimated 7 per cent industry growth. Such a performance is really special for us as we planned for a target and we achieved it 100 per cent. Every team member, across verticals, put in their best foot forward for an extraordinary drive till the very last day.”
He added, “Our strategies and business realignment initiatives have resulted in a magnificent festive season for us in FY’23. We shall continue to launch new exciting products that will exponentially increase farmer’s productivity and income for years to come.” (ANI/NewsVoir)