Sonalika Tractors Achieves Record Market Share with Unprecedented Growth

Sonalika Tractors, India's leading tractor export brand, has attained its highest-ever monthly market share of 18% in December 2024. This achievement was bolstered by a 33% growth in sales, significantly outperforming industry trends. The company remains committed to innovation and customized solutions for farmers.


Devdiscourse News Desk | New Delhi | Updated: 06-01-2025 15:50 IST | Created: 06-01-2025 15:50 IST
Sonalika Tractors Achieves Record Market Share with Unprecedented Growth
Sonalika Achieves 18% Market Share with 33% Growth in Dec '24, Outpacing Industry by 2.4X. Image Credit: ANI
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New Delhi, India – Sonalika Tractors, distinguished as India's top tractor export brand, has achieved a significant milestone by capturing its highest-ever monthly overall market share of 18% in December 2024. This record-breaking performance was fueled by a remarkable 33% increase in sales, reaching 10,639 units compared to 7,999 in December 2023, surpassing industry growth by an estimated 2.4 times.

The company's impressive year-to-date sales figure of 1,19,369 tractors from April to December 2024 demonstrates its relentless pursuit of innovative agricultural solutions and its commitment to offering customized heavy-duty tractors to meet diverse farming needs. Expansion of the product portfolio and enhancement of the service network have solidified Sonalika's position as a trusted partner for farmers worldwide.

Raman Mittal, Joint Managing Director of International Tractors Limited, highlighted the company's mission to foster growth, resilience, and hope within the agricultural community. He emphasized that their latest market share milestone reflects a year of exceptional benchmark achievements and that they are poised for further success in 2025 with their robust lineup of heavy-duty tractors.

(With inputs from agencies.)

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