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Sonalika ITL's Nov tractor exports grow 32%

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Press Trust of India New Delhi
Last Updated : Dec 07 2016 | 12:42 PM IST
Tractor maker Sonalika ITL today reported a 32 per cent growth in its exports in November this year.
The company exported 1,059 units in November this year as against 800 in the same month last year, Sonalika ITL said in a statement.
Sonalika ITL Managing Director Deepak Mittal said: "During this time, we have made successful inroads into most developed tractor markets of the world and have added seven lakh customers to our company since inception."
He added: "Seeing interest of many countries towards agriculture mechanisation, the company firmly believes that future will further fuel the growth in the export market."
Sonalika ITL is mainly into manufacturing tractors ranging from 20 hp to 120 horsepower. In April-November, the company said it registered a growth of 20 per cent in exports at 8,121 units as against 6,739 in the year-ago period.

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First Published: Dec 07 2016 | 12:42 PM IST

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