Sonalika Tractors
Indian agricultural machinery manufacturer / From Wikipedia, the free encyclopedia
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Sonalika Tractors is an Indian agricultural machinery manufacturer. The company was founded in 1995 in Punjab, India.[1] It is the 3rd largest manufacturer of tractors in India, with the capacity to produce 3.00,000 tractors a year, as of June 2017. The company has become the No.1 company in exports from India selling 35,000 tractors in FY 2021-2022 and is active in 150+ countries.[2] It manufactures tractors ranging from 20 HP to 125 HP.[3][4] The company is operated by International Tractors Limited,[5] the flagship firm of Sonalika Group.[1][6]
Company type | Private |
---|---|
Industry | Agricultural machinery |
Founded | 1995; 29 years ago (1995) |
Founder | Lachhman Das Mittal |
Headquarters | , |
Area served | Worldwide |
Key people | Amrit Sagar Mittal (VC) Deepak Mittal (MD) |
Products | Tractors |
Parent | Sonalika Group |
Website | sonalika.com |
Sonalika Tractors holds about 11.7%[7][8] market share of the Indian tractor industry. Sonalika Group owns a 70 per cent stake in the company while Japanese diesel engine manufacturer, Yanmar hold 30 per cent stake.[9] It was selected for the 'Champions of Change' 2017 programme organised by Niti Aayog.[10]