Sonalika Tractors
– **History:**
– Brand Sonalika Tractors owned by International Tractors Limited since 1969.
– First tractor sold in 1996.
– Incorporated on 17 October 1987, started manufacturing Sonalika tractors designed by CMERI.
– Tie-up with Renault Agriculture in 2000 led to licensed Renault tractors under Solis brand.
– Yanmar acquired a 12% stake in Sonalika Tractors in October 2005.
– **Plants:**
– Sonalika’s largest tractor manufacturing facility in Hoshiarpur, Punjab.
– Spread across 85 acres with production capacity of 300,000 tractors annually.
– Equipped with robotic paint facility, a first in the Indian tractor industry.
– Assembly plants in Brazil, Iran, Argentina, Algeria, and Cameroon.
– Holds significant market shares in Algeria, Nepal, and Bangladesh.
– **Awards and Recognition:**
– Won Best Tractor for Agriculture and Best Design Tractor Award at ITOTY Awards 2019.
– Received the 11th Global Agriculture Leadership Award in 2018.
– Selected for Niti Aayog’s Champions of Change 2017 program.
– Awarded the ET Iconic Brand of India in 2017.
– Best Quality Award by the Government of India in 2002–03.
– **See Also:**
– India portal.
– Companies portal.
– Sonalika Group.
– Tractors in India.
– List of tractor manufacturers.
– **References:**
– Sonalika Tractors’ need to compete with Mahindras – Forbes India.
– Sonalika’s capacity to produce 300,000 tractors – Business Standard.
– Yanmar Sonalika collaboration for US tractors – The Times of India.
– Sonalika’s sales growth in FY17 – The Economic Times.
– International Tractors’ 19% growth in May sales – Livemint.
