spot_img

Sonalika Records Sturdy 26 percent Domestic Growth to Clock 9,741 Tractor Sales and Beat Industry Growth in Jan’23

Date:

Trending

India’s No. 1 tractor exports brand, Sonalika Tractors has fast forwarded its exquisite journey in FY’23 with a new record performance and registered a staggering 26% domestic growth to clock 9,741 overall tractor sales in January’23. Largely powered by its recent unprecedented step of revealing tractor prices on official website and a transformational customer centric approach, this staggering achievement by Sonalika marks the grand opening of the year 2023 and has direction for the company for rest of the year. The staggering performance has also enabled the company to beat industry growth and reflects on its strenuous efforts to reach 1,28,190 YTD tractor sales (Apr’22-Jan’23).

- Advertisement -

Mr. Raman Mittal, Joint Managing Director, ITL

Sonalika has continued to win farmer’s trust with its unique approach over the years and provide easy access of superior technologies to farmers across the globe. The company has further capitalised on favourable market conditions such as record wheat acreage and construction activities which are on full swing in India. Deepening its commitments further to support agri-ecosystem month after month, Sonalika is fully geared up to meet the ever changing needs of the farmers along with reliable affordability and ensure exponential income growth.

- Advertisement -

Speaking on this stupendous achievement, Mr. Raman Mittal, Joint Managing Director, International Tractors Limited, “Farmers are considered to be the ‘annadata’ of our country and are a source of inspiration for all of us as they work selflessly and tirelessly every single day to feed such a vast, populous country like India. Innovating for their prosperity and increased income is something we religiously follow at Sonalika Tractors and our unique approach is deeply inscribed in our DNA.”

He added, “Along with launching innovative products, we also keep taking unique initiatives such as revealing tractor prices on website that indeed has created a kind of revolution among farming community as we have been witnessing huge influx on our website as well as dealerships. This approach has addressed a big issue for farmers and by ensuring such transparency in tractor buying process on our already robust product portfolio, we have been further reinforcing farmer’s trust in our brand. This has enabled us to clock a sturdy 26% domestic growth to beat industry growth and clock 9,741 overall tractor sales in Jan’23. Our YTD growth trajectory has reached 1,28,190 tractor sales which is inspiring for us to remain committed towards farmers and develop a world class product portfolio for their prosperous future.”

- Advertisement -

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Advertisement

More Latest Stories

More Articles

Adda247 CEO Bimaljeet Singh Bhasin on Career247 and the Push for Job-Ready Education

In an interview with TechGraph, Bimaljeet Singh Bhasin, CEO of Skilling and Higher Education Business at Adda247, outlines how the persistent gap between academic...

The Future of Preventive Healthcare in India and the Role of Digital Platforms

India is set to decide on the ongoing healthcare evolution, where the main point of emphasis is shifting gradually from curing to preventing diseases. Along with the increase in the number of lifestyle-related diseases, the rise in life expectancy, and the growing awareness among...

How Cloud Infrastructure Is Powering India’s SaaS and App Economy

India's Software as a Service (SaaS) and app economy has become one of the...

Skincare for India’s Condition: SkinInspired Founder Piyush Jain on Making Actives Work for Indian Skin

Speaking with TechGraph, Piyush Jain, Founder of SkinInspired, discussed how India’s skincare market has...

India’s AI Education Push: Redrob COO Kartikey Handa on Building Open AI Models for 300 Million Students

Speaking with TechGraph, Kartikey Handa, Chief Operating Officer and Head of India Operations at...

Dr Kamal Chhabra on KC GlobEd’s Approach to Global Finance and Accounting Education

Speaking with TechGraph, Dr Kamal Chhabra, Founder and CEO of KC GlobEd, discussed how...

Home Improvements That Benefit You Today and Boost Value Tomorrow

When it comes to home improvements, the best upgrades are those that provide immediate...

India’s AIF Shift: Steptrade Capital’s Kresha Gupta on the Evolution of Alternative Investments in India

Speaking with TechGraph, Kresha Gupta, Director and Fund Manager at Steptrade Capital, discussed how...

Why Global Manufacturing Leaders Are Rethinking the Role of Packaging Automation

In the global manufacturing landscape, packaging has quietly evolved from a backend operational activity into a strategic business driver. For companies with turnover above...

Vimal Singh on ReadyAssist’s Role in Modernising Roadside Assistance in India

Speaking with TechGraph, Vimal Singh, Founder of ReadyAssist, discussed how traditional roadside assistance models...

The Shift to Intelligent Hiring: HunarAI’s Krishna Khandelwal on How AI Is Reshaping Recruitment in India

In an interaction with TechGraph, Krishna Khandelwal, Founder and CEO of Hunar.AI, outlined how...

The Rise of Cyber Cartels: How the Dark Web Fuels Digital Extortion?

In 2025, cybercrime has evolved beyond individual hackers or little ransomware criminal gangs into...

The Rise of Emotionally Intelligent AI: What It Means for Customer Experience

A shift is transpiring across customer touchpoints as digital systems start to understand the...

How Autonomous Infrastructure Will Shape the Future of Enterprise Technology in 2026

Autonomous infrastructure is moving from imagination to inevitability. With its strengths in anticipation, analysis, and correction, it is quietly becoming the foundation of modern...

NVIDIA EVP Debora Shoquist Offloads 80,000 Shares for About $14.77 Mn

NVIDIA Corp. (NASDAQ: NVDA) Executive Vice President of Operations, Debora Shoquist has sold 80,000 shares of the company’s common stock in transactions dated December 9, 2025, with the total sale amounting to approximately $ 14.77 million. According to the Form 4 filed with the U.S....

Ram Shriram Reports Transfers of Alphabet Shares Through Trust Annuity Payments

Alphabet Inc. (NASDAQ: GOOGL) Director K. Ram Shriram has reported movements in his Alphabet...

AI Infrastructure Wars: Do Nvidia, Amazon, and Microsoft Still Have Room to Run?

Indian investors are at a pivotal moment. While our domestic markets have seen meteoric...

Meta Declares Quarterly Cash Dividend Of $0.525 Per Share

Facebook parent company, Meta Platforms Inc. (NASDAQ:META) said its board of directors has declared...

Lok Sabha: Government releases ₹68K crore under MGNREGS; wage payments routed via DBT

New Delhi, India: Union Agriculture Minister Shivraj Singh Chouhan said the government has released...

The Evolving Classroom: Venkateshwar International School’s Pooja Sharma on Changing Role of Schools in Delhi’s CBSE Ecosystem

Speaking with TechGraph, Pooja Sharma, Vice Principal of Venkateshwar International School (VIS), discussed how...

Digital Generics: How AI is Redefining the Future of Affordable Medicine

It was with pride that global headlines described India as the world's pharmacy, supplying...

The Road to Equality in Tech: Women In Cloud’s Chaitra Vedullapalli on Reshaping Opportunity for Women Entrepreneurs Globally

In an interview with TechGraph, Chaitra Vedullapalli, Co-Founder of Women In Cloud, discussed how...

How AI is Improving Risk Management Among Crypto Traders

Over the past few years, the role of Artificial Intelligence in almost every sector...

Reimagining Creative Operations: ButtonShift’s Deepankar Das on Bringing Telemetry & Visual Intelligence to Modern Workflows

Speaking with TechGraph, Deepankar Das, Co-Founder and CEO of ButtonShift, discussed how traditional task...

The Rise of Cyber Cartels: How the Dark Web Fuels Digital Extortion?

In 2025, cybercrime has evolved beyond individual hackers or little ransomware criminal gangs into...

Inside Channel Economy: Almonds AI CEO Abhinav Jain on Fixing the Blind Spot in India’s Distribution Ecosystem

Speaking with TechGraph, Abhinav Jain, Co-Founder and CEO of Almonds AI, outlined how India’s...

Kuwait Raises Income Tax Penalty Against IndiGo Operator, Company Plans Legal Action

IndiGo Airline's parent company, InterGlobe Aviation Limited disclosed it received an income tax demand...

Supreme Court Allows Texas to Use New Congressional Map for 2026 Midterms

The U.S. Supreme Court has allowed Texas to move ahead with its newly redrawn...

Beyond Instant Approvals: PayMe CEO Mahesh Shukla on Building Compliant Lending for India’s New Credit Economy

Speaking with TechGraph, Mahesh Shukla, Founder and CEO of PayMe, discussed how India’s digital...

The Rise of Emotionally Intelligent AI: What It Means for Customer Experience

A shift is transpiring across customer touchpoints as digital systems start to understand the...

How AI is Improving Risk Management Among Crypto Traders

Over the past few years, the role of Artificial Intelligence in almost every sector...

The AI Advantage: How Intelligent Learning Solutions Are Rewriting Workforce Productivity in 2025 and Beyond

In 2025, artificial intelligence is no longer a futuristic concept — it’s the invisible...

Reimagining Creative Operations: ButtonShift’s Deepankar Das on Bringing Telemetry & Visual Intelligence to Modern Workflows

Speaking with TechGraph, Deepankar Das, Co-Founder and CEO of ButtonShift, discussed how traditional task...