Auto Industry

The International Tractors Ltd (ITL) plant of Sonalika Grou...

In an age defined by technology, India is also slowly yet surely progressing towards modernisation of its systems and governance. Punjab has been a witness to such a wave of progress after the state implemented the ...

Car major Maruti Suzuki India Limited (MSIL) will be scaling up its skill development activities by setting up Automobile Skill Enhancement Centres (ASEC) at 45 Government-run Industrial Training Institutes across t...

Naresh Kumar Rattan who was working as Executive Director, Force Motors has taken over Director, Sales & Marketing, Sonalika Group. The Sonalika Group, controlled by LD Mittal manufactures tractors under the brand n...

For Hoshiarpur-based Sonalika Group, a debt-free and cash surplus (Rs 1000 crore plus) company, controlled by the LD Mittal family of Punjab, there is a reason to smile and reasons to frown. The group’s tractor busi...

Credit rating agency ICRA has predicted that the sales in the Indian tractor industry are likely to abate in the current fiscal (FY15). It says that untimely rains in some parts of the country during the months of F...

Hoshiarpur (Punjab) based Sonalika group International Tractors Ltd (ITL) is contemplating on establishing two more assembly plants in Africa, riding back on the success of exporting 6,000 units in that region. Acco...

When we entered India in 1994, we had to do so with a local partner as per the then prevailing automotive policy. The automatic approval route only came about in 2002. So when we came into India we tied up with Hind...

International Tractors Limited has decided to invest Rs 100 cr to maximise its production capacity

The major share of revenues within the Sonalika group comes from the tractor business. Which contributes as much as 85 to 90 per cent. We have a common plant for engine and transmissions. A lot of body parts are bei...