Sonalika’s latest range of tractors has been ‘designed in Europe’ with 5 new engine options which include industry’s best and biggest engines (CRDS & HDM+), widest range of 5 different multi-speed transmissions to handle different operations, the compny said.
The 5 different series launched at ITL’s 'Global Partners Summit (GPS) 200' in Gurugram on Sunday, come with compact designs and advanced emission control systems that comply with the norms of such advanced markets as the US and Europe to meet varied customer requirements, the company said.
With this, Sonalika has also surpassed the 50,000 cumulative tractor sales mark during April-July 2023, the company said.
By leveraging advanced technology and a robust distribution network, Sonalika aims to continue to deliver farmer happiness and minimise complexities in every farm operation, the company said.
Sonalika’s holistic approach to address farmers’ demands and accordingly develop state-of-the-art technologies continuously has been spearheading its growth, the company said.
Netherlands headquartered Solis Tractors & Agricultural Machinery, which is a part of International Tractors Limited (ITL), has acquired Germany based Thaler GmbH & CO KG to widen ITL’s portfolio with high quality wheel loaders and complement its tractor range.
The sales are largely powered by its recent step of revealing tractor prices on the official website and a transformational customer-centric approach, the company said.
Sonalika Tractors extended a wide range of consumer offers under its popular ‘Heavy duty Dhamaka’ campaign and farmers took maximum benefit from it, the company said.
This new hybrid tractor is developed in collaboration with its Japanese partner Yanmar Agribusiness Co. Ltd. to deliver benefits of three tractors in one.
This joint venture shall enable Shandong Luyu Heavy Industry Co., Ltd. to expand its product line up and offer globally accepted ITL’s range of tractors in the Chinese market.
Rajiv Budhiraja, director general of the Automotive Tyre Manufacturers Association (ATMA) told ETAuto that the Association has made a submission to the Government to streamline this discrepancy.
With this plant, the tractor manufacturer can roll-out one tractor in three minutes. The integrated plant facility can produce tractors from 20 Hp to 120 Hp.
Yanmar will acquire shares held by the world's biggest private equity fund, Blackstone Group, which will make a rough three times return on a four-year-old investment.
The new ‘Solis 120’ is ergonomically designed to cater to the evolving need of the end user featuring 6 cylinder engine.
The Punjab-based firm, which currently sells tractors in over 80 international markets, also aims to begin local assembly operations in Iran during this year.
"The situation has started improving because this year we are having good rainfall. We are expecting a growth of 10 per cent, said Sonalika's sales and marketing president R K Singh.
Sonalika International Tractors Ltd, backed by the New York-headquartered investment firm, is looking to raise as much as Rs 2,000 crore through an Initial Public Offering (IPO).
Introduced for the first time by an Indian company, the new WorldTrac 110 tractor is fully equipped with features like electronic hitch control with lift capacity of 4500 kg, and fuel tank capacity of 115 liters.
The tractors are technically advanced 26HP and 30HP orchard tractors that feature power steering, and hydraulic system with automatic depth and draft control (ADDC) for ease of operation.
The new DI 750III comes with a lift capacity of 2000kg and 4 cylinder 2000 RPM engine, the tractor is designed to operate heavier and bigger implements in all types of soil conditions
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Raman Mittal | 298756 | ashish.sharma4@sonalika.com | Wholetime Director | 22 Dec,2008 |
| Sushant Sagar Mittal | 307274 | rahul.sahota@sonalika.com | Wholetime Director | 22 Dec,2008 |
| Lachman Dass Mittal | 296922 | itl.finance@sonalika.com | Wholetime Director | 17 Oct,1995 |
| Priya Tosh Sood | 1170134 | priyatosh.sood@sonalika.com | Wholetime Director | 01 Apr,2017 |
| Naoki Kobayashi | 6915013 | n.kobayashi.ymr@gmail.com | Nominee Director | 28 Mar,2017 |
| Deepak Mittal | 307448 | ravi.monga@sonalika.com | Managing Director | 17 Oct,1995 |
| Amrit Sagar Mittal | 307471 | jarnail.rana@sonalika.com | Wholetime Director | 17 Oct,1995 |
| Rahul Mittal | 7443403 | mahender.dadhwal@sonalika.com | Wholetime Director | 01 Apr,2017 |
| Geetanjali Kalra | 8208245 | mintykalra405@gmail.com | Director | 19 Sep,2018 |
| Akihiko Hiraoka | 8861478 | akihiko_hiraoka@yanmar.com | Nominee Director | 26 Sep,2020 |
| Shivani Malhotra | 9105815 | shivanigm3@gmail.com | Director | 01 Apr,2021 |
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