New Delhi: Sonalika Tractor on Tuesday has introduced that its domestic sales grew 71 p.c in July 2020, with 8,219 models offered, as in comparison with 4,788 models offered in the identical month a year in the past.
The company additionally claimed that its whole sales, combining each domestic sales and exports, in July 2020 have been 10,223 models.
Commenting on this, Raman Mittal, Executive Director, Sonalika Group, said, “Happy to share that we have recorded highest ever domestic growth of 71.7 percent in July’20 beating industry growth with overall sales at 10,223 tractors. This consistent performance, creating new record high and gaining market share is a testimony of our strong foundation and investment in world’s no.1 vertical integrated plant, largest channel partners, technology-savvy supply chain and best team.”
He also said, “We have launched new tractors with advanced technology features at the same cost of current products, thus helping the farmers to upgrade & enhance their productivity and income.”
He additional added, “Our cumulative domestic development (April-Jul) is at 17.7 p.c, which is highest in the complete tractor business. This superlative efficiency is resultant of our technique to proceed launching new tractors personalized to fulfill numerous geographic and application-specific necessities of the farmers throughout the globe. We have been persistently rising amidst the prevailing state of affairs with 25 p.c development (deliveries) in May’20 and 55 p.c development (Billing) in June’20 and 71.7 p.c development (Billing) in July’20.”
Auto Sales Analysis: Domestic sales improve; consumer sentiments positive