New Delhi: Sonalika International Tractors Limited on Friday reported an increase of 38 percent in sales at 14,760 units in October 2018.
The company registered a growth of 34 percent in the domestic market and 103 percent in the international market, as per the company statement.
Speaking on the growth trajectory, Raman Mittal, Executive Director, Sonalika Group said, “We are extremely delighted to register highest ever sales of 14760 tractors in October’18 just after achieving the best sales in September one month prior to the festive month. This is a great achievement and moment of pride to have surpassed our record. This ever highest sale has strengthened our confidence to be bullish in the upcoming month as Diwali is around the corner.”
“The phenomenal sales is accredited to the trust that our farmers have shown in the new product Sikander series. This series has met all the requirements of farmers, be it power, speed or fuel-efficiency," he added.