Sonalika Achieves Highest-Ever Monthly Market Share of 18% with Robust 33% Growth in December 2024

Sonalika Tractors Surpasses Industry Performance by 2.4X, Setting New Benchmarks

India’s No. 1 tractor export brand, Sonalika Tractors, has ended the year 2024 on a remarkable note with record-breaking performance. The company announced that it achieved its highest-ever monthly overall market share of 18% in December 2024. This milestone was driven by exceptional overall tractor sales of 10,639 units, marking a robust 33% growth compared to 7,999 units sold in December 2023. Notably, Sonalika’s growth outpaced the industry’s performance by an estimated 2.4 times.

The impressive results underline Sonalika’s commitment to innovation and its mission to deliver customised, heavy-duty tractor solutions tailored to meet the diverse needs of farmers. The company’s strong momentum in fiscal year 2025 is reflected in its year-to-date (YTD) sales of 1,19,369 tractors for the April-December 2024 period.

Empowering Farmers Worldwide

With a presence in over 150 countries, Sonalika has consistently focused on modernising agricultural practices and empowering farmers. The company has expanded its portfolio of heavy-duty tractors to cater to specific crop and soil requirements, while also enhancing its service network to stay closer to its customers. These efforts have firmly established Sonalika as a trusted partner in the journey toward agricultural prosperity.

Leadership Insights

Mr. Raman Mittal, Joint Managing Director of International Tractors Limited, shared his thoughts on this unprecedented achievement:

“With every tractor, we reinforce our commitment to plant the seeds of growth, resilience, and hope for our farming community. The new milestone of the highest-ever monthly market share of 18% in December 2024 has been a perfect culmination of a year brimming with benchmark performance and new milestones. With 33% growth during the month, we have beaten industry growth by 2.4X.”

He further added, “Over and above this exciting journey, our greatest reward lies in spearheading farmers toward a brighter and more prosperous tomorrow. With our robust portfolio of heavy-duty tractors, we are poised to seize every new opportunity in 2025 and remain committed to delivering on farmer expectations and driving agricultural prosperity. Wishing you all a brighter and successful New Year 2025.”

Sonalika Tractor Price: Innovation with Value

Sonalika’s success can also be attributed to its competitive pricing strategy, ensuring that the Sonalika tractor price remains accessible to farmers while offering advanced features and unmatched performance. This balance of affordability and innovation has further solidified its reputation as a preferred choice for farmers across the globe.

As Sonalika embarks on the New Year, its focus remains steadfast on driving agricultural excellence and setting new milestones in the tractor industry.

Conclusion

Sonalika Tractors achieved a remarkable milestone by securing its highest-ever monthly market share of 18% in December 2024, driven by an impressive 33% growth in tractor sales. This accomplishment highlights the company's commitment to innovation and meeting the diverse needs of farmers, solidifying its position as India's No. 1 tractor export brand.

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