TAD NewsDesk, Hoshiarpur: A release made by Sonalika Tractors reported a spike of 46 percent in sales of the tractors, including exports, noting the total sale of 17,704 units. The domestic sale rose by 51.4 percent to 16,000 units in September 2020 compared to the 10,571 units in the year-ago month and, exports rose to 1,704 units recording a spike of 9.8 percent from 1,552 units the previous year.
A spike of 135 percent in sales was recorded by the Hoshiarpur based tractor brand, which sold around 6400 units.
Growth in industrial sales of both tractors had been 28 and 30 percent respectively in the previous month. Sonalika tractors have outperformed all other tractor firms in September, it said.
Total units sold in the first half of the financial year, i.e., April to September 2020, have been 63,561 units, which is the highest ever sale for the company in any half-year.
Implements sold during this half-year stands at 26,530 units, which is more than the entire financial year of 2019-20.
Raman Mittal, executive director of the Sonalika group, said, “We at Sonalika have registered 17,704 overall tractor sales in September 2020, breaking all our previous monthly records and marking the highest-ever sales in a month.”
Mittal believes the next-gen products – Tiger, Sikander DLX, Mahabali, and Chhatrapati – that the firm has launched have positively contributed to many sales even during the pandemic.
Mittal also added that they are very optimistic about the upcoming festive seasons, and they firmly believe that the farmer’s sentiments would align with their next-gen products.
