Sonalika Tractors
Sonalika DI-30Rx tractor | |
| Company type | Private |
|---|---|
| Industry | Agricultural machinery |
| Founded | 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 is an Indian agricultural machinery manufacturer. The company was founded in 1995 in Punjab, India. It is the 3rd largest manufacturer of tractors in India, with the capacity to produce 3,00,000 (0.3 million) 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 2021–22 and is active in 150+ countries. It manufactures tractors ranging from 20 HP to 125 HP. The company is operated by International Tractors Limited, the flagship firm of Sonalika Group.
Sonalika Tractors holds about 11.7% 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. It was selected for the 'Champions of Change' 2017 programme organised by Niti Aayog.