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Sonalika Tractors posts 38% sales jump in October

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Press Trust of India Mumbai

Sonalika International Tractors Thursday reported a 38 per cent jump in sales volumes at 14,760 units in October, driven by a massive rise in exports.

The company had sold 10,673 tractors in October 2017.

The domestic market saw a volume growth of 34 per cent and the international market clocked a 103 per cent growth, a release said.

This was the highest-ever monthly sale by the company, it added.

"We are delighted to register highest-ever sales of 14,760 tractors in October just after achieving the best sales in September one month prior to the festive month," said Raman Mittal, executive director, Sonalika group.

The phenomenal sales is driven by Sikander range of tractors, which meets all the requirements of a farmer, he said.

 

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First Published: Nov 01 2018 | 6:40 PM IST

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