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Sonalika DI-47 RX Tractor. 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 (0.3 million) tractors a year, as of June 2017.
Mahindra Tractors (India) Erkunt (Turkey)(part of Mahindra) ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%) Trakstar (formerly Mahindra Gujarat and Shaktimaan brands) Mancel (France) Majevica (Serbia) Massey Ferguson (US)(part of AGCO Corporation) McCormick Tractors (Italy)(part of ARGO SpA) Millat (Pakistan)
International Tractors Limited is the major company, involved in manufacturing and exporting tractors, farm equipment and accessories. [1] International Cars And Motors Ltd. (ICML) manufactures MUVs, and was established in 2004 with the capacity to manufacture 2,000 vehicles in a month. [2] Sonalika produces tractors with two brands Sonalika ...
Sonalika International tractors Ltd. is the youngest and the third largest tractor maker in India. Its integrated tractor manufacturing plant at Hoshiarpur has a capacity to produce 3 lakh units per annum. The company produces tractors in a range from 20HP to 120HP and has presence in more than 80 countries.
Mittal started his business career in 1970 , after pre retiring from the state-owned Life Insurance Corporation of India. [3] Sonalika Started Manufacturing Thrashers in 1970. He founded Sonalkia Group in 1970 and Sonalika Tractors in 1996, which is now India's third-largest tractor manufacturer by market share. [3] [11]
The company was founded as Asha Exim Pvt Ltd in 1994 by brothers G.T. Patel and M.T. Patel from the state of Gujarat [7] and changed its name to Captain Tractors. [5] [6] [8] The first mini tractor was launched by the company in India in 1998 [9] [5] [10] and named after the brand as Captain. [2]
An economic downturn during the early 1920s dampened tractor sales; price-cutting to stimulate demand sparked a price war in the tractor industry (called the tractor war). Ford, with a massive advantage in manufacturing capacity and distribution, had the upper hand, producing an estimated 73 percent of all American tractors, with IHC in a far ...
Swaraj division [2] is a tractor and farm equipment making company which is owned by Mahindra & Mahindra Ltd. Formerly known as Punjab Tractors Limited, the company was taken over by Mahindra Group in 2007 and subsequently in 2009, the name was changed to swaraj division.
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