Sonalika surpassed FY20 Sales sales over 1 lakh tractors 3 quarters of FY21 at 33 percent growth 2020 has been a magnificent year for Sonalika Tractors. A feat that's enabled the manufacturer to begin 2021 with a sense of achievement. Though not the largest tractor brand, it sure has climbed the ranks as the fastest growing tractor brand. It reported 1 lakh tractor sales in 9 months of April-Dec'20 period.
This at a growth of 33.3 percent for FY21 thus far. That's at about 3X that of industry growth of 12 percent. The invigorated performance helped Sonalika surpass entire FY20 sales in 9 months of FY21. All sales in Q4 FY21 will help the company soar even higher. Having reported its highest ever December sales of 11,540 tractors enabled the manufacturer to report market share of 16.1 percent.
Sales spurt in 2020
Sonalika reported its highest ever H1 sales volume in FY21. And its highest ever monthly tractor production at 15,218 units, and highest ever tractor deliveries of 19,000 units, and delivery of implements at.....
There's also the Tiger Electric 4W, which is most affordable for its vehicle type at Rs 6 lakhs. It's strengths lie in its engineering with a hi-tech German motor, advanced battery and Sonalika transmission. Sonalika's current lineup of next gen tractors bring forth advanced tech. Add to this the fact that they're customised as per crop and region specific needs.
Farmer centric and a strong product offensive strategy
Raman Mittal, Executive Director, Sonalika Group, said, "This is momentous occasion as we have taken just three quarters to accomplish what was being .....visit to read more.
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