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Sonalika Tractors sells 8,219 units in July, up 72% on year

Total sales of the Hoshiarpur-based tractor manufacturer, including exports, stood at 10,223 units during July. Marking a strong recovery with the gradual easing of lockdown curbs for the agriculture sector April onwards, tractor sales have grown on the back of pent-up demand, robust rabi harvest, improved kharif sowing backed by good monsoon, increased government spending and healthy water levels in the reservoirs. According to Raman Mittal, executive director at Sonalika Group, the company’s tractor sales rose 18% on year during April-July.

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