International Tractors Limited based in Punjab’s Hoshiarpur has recorded a 54%
growth in domestic market with sales of 8029 tractors in November’18 as
compared to 5230 tractors same period last year, the company stated in a press release.
the company registered growth of 41% with 9078 tractors (Domestic +Exports) in
November’18, as compared to 6442 tractors same period last year. The company
continued to surpass the industry growth and recorded growth of 21.3% with
overall sales of 81,441 tractors till YTM (April-Nov’18) as compared to 67117
tractors same period last year.
Mittal, Executive Director, Sonalika Group, said, “We are extremely delighted
to surpass the industry growth in YTM (April-Nov’18)& also record 54%growth
in domestic market in Nov’18. This phenomenal growth is accredited to the
purchase triggered on account of major festivals, Diwali & Dhanteras in
this month. This growth comes immediately after we recorded highest ever
overall tractor sales in October’18.”
added, “I am very excited on the trust that our farmers have shown in the new
product Sikander series. This series which was introduced with the latest
technology, is addressing all the requirements of farmers, be it power, speed
or fuel efficiency and is gaining a major share within our portfolio. Being a
farmer centric brand, we are consistently working to provide complete farming
solutions to farmers globally. We take pride in our wide spread network pan
India, which has helped us to win new customers across geographies”.
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