Strategic partnerships with international brands like Yanmar o Japan and Argo of Italy have supported the company to expand much faster in the global markets especially in the European, US and Saarc markets.
09 Aug, 2019
Mumbai: International Tractors, which makes the Sonalika and Solis brands of tractors reported a 108 percent jump volume at 1,861 units in July. "We have recorded a 108 percent growth in our July volume by billing 1,861 tractors against 906 units in the same period last year," the Punjab-based farm equipment manufacturer said.
"We have surpassed our previous record and the secured top position in exports with a triple-digit growth of 108 percent in July," Deepak Mittal, managing director said, adding the cumulative sales in April-July period stood at 5,155 units.
Strategic partnerships with international brands like Yanmar o Japan and Argo of Italy have supported the company to expand much faster in the global markets especially in the European, US and Saarc markets, he said.
Source: Economic Times
M&M tractor segment market share touches 41.8% in Q1FY22, highest in the last 8 quarters
Indian tyre industry to grow 13%-15% in FY22: ICRA
Mahindra Finance expands its global footprint, acquires 58.2% in Ideal Finance
Top 10 Baler machine for agriculture in India | 2022
Agricultural Baler is an important agricultural tool or implement used to compress a cut and raked c...
How much Horsepower tractor do you need for your farm?
Tractors are an essential farming vehicle for agriculture as it provides ease and assistance for cro...
Retail Tractor sales up by 9.66 percent YoY in June 2022 shows FADA Research
FADA Sales report for June 2022 is out, and we can say that unlike a recent couple of years, this ye...