May 05, 17.38 PM IST || Pocket News Alert
Chandigarh, May 5, 2016: Sonalika International Tractors Ltd., the 3rd largest tractor manufacturing company in India is on a growth spree. The company that offers a technologically superior range of tractors between 20 HP to 110 HP is on the path of becoming a leading tractor brand with massive expansion plans for domestic and international markets.
Sonalika ITL is intrinsic to India’s efforts in enhancing agricultural productivity and empowering its farmers. With 50% growth rate in the market share, the company has been able to achieve 12% market share in India in the last 4 years. The company is the No. 1 brand in Haryana and Himachal Pradesh and is amongst the top three leading brands in states such as J&K, Punjab, , Chhattisgarh, Jharkhand, West Bengal, Maharashtra, Gujrat, Rajasthan, Assam, and Orissa. ITL products are also sold in more than 100 countries and has been very well recognized in both the domestic and international markets.
“With our customer centric approach, our focus has always been to empower the farmers by providing innovative solutions/ products that will enhance their agricultural productivity. It’s a proud moment for us at Sonalika ITL as today we stand amongst the top 3 tractor manufacturing companies in the country. We have been able to achieve this position in a very short span of time of 2 decades, this is only possible due to the support of our dealers, farmers, suppliers and employees. The continuous trust of our patrons has made us one of the fastest growing tractor manufacturing company in the country. ,” Says Mr. Raman Mittal, Executive Director, Sonalika International Tractors Ltd.
Sonalika ITL boasts of Sonalika World Plant a state-of-the-art integrated tractor manufacturing plant in the world, strategically located in Hoshiarpur, Punjab. The plant has a production capacity of approximately 2 lakh tractors annually with a roll out time of around 2 minutes. The world class integrated manufacturing plant offers all facilities from engine to assembly, under one roof. The plant is equipped to manufacture everything from sheet plastics, sheet metals, transmission, engines to the whole tractor.The robotic paint facility for base and top coat has been introduced for the first time in tractor industry in India by Sonalika ITL.
The new plant will efficiently meet the ever growing demand and will shorten the supply time of tractors across the globe while maintaining superior quality standards. Its R&D center is equipped with highly skilled and experienced manpower who have developed product platforms ranging from 20 HP to 110 HP catering to the demands of domestic & international markets.
Sonalika ITL has a robust global presence and has earned the trust of over 6 lakhs patrons in more than 100 countries across the globe. The company has aggressive expansion plans to tap Russia and CIS markets and increase its footprints in European and non-European countries.
Since its inception in 1996, Sonalika ITL has come a long way in becoming the third largest tractor manufacturer in India. Sonalika ITL has registered its success globally through sheer dedication towards serving farmers and making their lives easier. Sonalika ITL with its 'Customer centric' approach and an endeavor to manufacture world class products. The company fulfills all the needs of the agriculture community by providing solutions that enables them to earn more and save more.
About Sonalika International Tractors Ltd.
Sonalika International tractors Ltd. is the country’s heavy duty tractor range which produces technologically superior tractors in a range from 20HP to 110HP. Today, Sonalika ITL stands as 3rd largest tractor maker in India and is recognized in both domestic and international markets as a formidable player. The company has earned the trust of over 6 lakhs customers in more than 100 Countries in just 2 decades which is a remarkable growth.
With the increasing demands of tractors globally and to fulfill this demand, Sonalika ITL boasts of Sonalika World Plant a state-of-the-art integrated tractor manufacturing plant, strategically located in Hoshiarpur. This plant will have a capacity to manufacture approximately 2 lakh tractors annually with a roll out time of around 2 minutes. The company is in a growing state and has strategic business partnership with Blackstone PE and Yanmer, Japan.