Sonalika Tractors registered a progress of 55 per cent in home gross sales 12 months -on-year, with the corporate now holding a 15.four per cent market share within the tractor trade.
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Sonalika says that its manufacturing facility has achieved optimum ranges of operations in June
Sonalika Tractors in the present day introduced that it has registered its highest ever home gross sales of 13,691 tractors in June 2020, thus registering a progress of 55 per cent 12 months on 12 months. Together with exports, the corporate bought 15,200 tractors which additionally offered an enormous increase to its market share. In June 2020, due to the document gross sales, the corporate now boasts of 15.four per cent market share within the tractor trade final month.
Raman Mittal, Government Director, Sonalika Group, stated, “Immediately, all the staff is feeling proud that we now have not simply achieved our purpose but additionally have registered an total progress of 5% in Q1 which is highest for the trade. It’s a matter of nice satisfaction for us that not solely in tractor trade but additionally in automotive, two-wheeler and CV trade, Sonalika is the one firm to register most progress in these powerful occasions. We’re extraordinarily delighted with the general strong efficiency in June’20 with 15200 tractors which is our highest ever.”
Sonalika Tractors achieved a 5 per cent progress in Q1 of FY2020-21, breaking the present trade pattern
The corporate stated that it has already reached 80 per cent utilisation in Might itself and in June the manufacturing unit continued to function at optimum degree. The corporate in reality has launched a collection of latest merchandise throughout the lockdown imposed due to the coronavirus pandemic and the gross sales clearly present how this technique has labored.
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The corporate has additionally widened its community of channel companions and can proceed to take action. This may actually assist in bringing in robust gross sales and assist the corporate develop additional
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