international tractors

During the exciting launch event, Mr. Rahul Mittal, Executive Director of ITL, shared his thoughts by saying, "We have discovered a winning formula by combining European style and Japanese quality with Indian manufacturing costs. The secret ingredient in this formula is our consistent growth mindset and the largest network of channel partners. We are big dreamers willing to face new challenges and innovate. This formula is shaking up the global tractor industry. We aim to assist farmers across the world in enhancing their productivity and transforming their lives through innovation."

Also Read: Sonalika sells 1 lakh tractors in 8 months of FY'23 and sets a new record with 11.2% YTD growth, surpassing industry growth (estimated at 8.8%).

Mr. Gaurav Saxena, Director and CEO of International Business at ITL, stated, "At International Tractors Limited, we believe in a global commitment to the farming community that transcends boundaries and truly values the prosperity of our customers. Our new product offerings are designed to shape the future of farming. We regularly introduce new tractors or upgrade our product portfolio based on market feedback. For the last four years, we have been the number one export brand from India and ranked number one in 14 countries in the addressable segment. These five new tractor ranges will allow us to strengthen our position in the world markets, serve a wider range of customers, and enter new territories in different markets with the support of our largest network of over 3000 dealers."

International Tractors Limited is the number one tractor brand in 15+ countries, including France, Finland, Czech Republic, Nepal, Myanmar, Algeria, Hungary, Portugal, Iceland, Germany, and many others in the addressable segment. It is a leading Indian company that exports tractors equipped with advanced technology in the 16-125 HP segment to more than 150 countries worldwide. The company has grown significantly over the last few years, with its market share being 28% in FY2023, which increased to 36% in H1FY2024.

Also read: 35.5% increase in Sonalika tractor sales

International Tractors Limited is India's number-one tractor export brand. Established in 1996, it is also the third-largest tractor manufacturer in the country and proudly stands among the top five tractor manufacturers globally. The company produces tractors under two brand names – Sonalika and Solis.

As the number one tractor exporter from India, ITL is proudly associated with 2.5 lakh customers in markets outside India, an accurate indication of the high acceptability of an Indian brand across the globe. It is the number one brand in the addressable industry in over 15 countries, including both developed and developing countries such as Germany, Finland, Portugal, Iceland, Czech Republic, Myanmar, Nepal, and Bangladesh. The company had over 28% market share in exports in FY23, which has increased to 36% in H1FY24, which means every third tractor exported from India is manufactured at ITL.

ITL has a presence in all European countries. Additionally, its tractors are successfully operated by more than thousands of satisfied customers in diverse European conditions. ITL has also established a spare parts center in Germany with the help of Yanmar. It caters to the needs of customers in Europe to provide better service and overall customer satisfaction.

Thousands of tractors are sold every month in India and they are used for small farmers as well as commercial work. The Indian market includes Mahindra & Mahindra, Swaraj, International Tractor Limited, Tafe Limited, Escorts Limited, John Deer and Eicher as well as other companies.

Land and tractor are very important for farmers, it is directly related to their livelihood. The tractor plays an important role in increasing the income of farmers. Also, it is also living for small farmers. Explain that it prepares their crop for better productive land. Today we are going to tell you about the 10 companies selling the most tractors in India, who get a lot of love from farmers every month. Mahindra & Mahindra's reign is also seen in this segment. Also, after this, there are tractors of other companies including Swaraj, Tafe, Escorts, International Tractors, Eicher, Force and Kubota.

Mahindra Company's most tractors are sold in India

Mahindra & Mahindra sells the most tractors every month in India. Last month, i.e. the sales report of September 2023, Mahindra & Mahindra sold 12,600 tractors last month. This is followed by the Swaraj Division of Mahindra & Mahindra Limited, which sold 9,853 tractors. At number three is International Tractors Limited, which sold 7065 tractors. The fourth place is Tafe Limited, with 6862 tractors sold last month. At number five is Escorts Limited, with 5826 tractors sold in September.

Tractors of these companies are also preferred in large numbers.

John Deere Private Limited is sixth in the top 10 list of companies selling the most tractors, which sold 3792 tractors last month. After this, Eicher tractors ranked and sold 3745 units. CNH Industrial Private Limited was at number eight, which sold 1903 tractors. After this, Kubota Agricultural Machinery India Private Limited sold 918 units and VST Tillers Tractors Limited 279 tractors. After the top 10, the forces were a number of Motors, Gromax and other companies. For your information,  the Federation of Automobiles Dealers Association (FADA) releases sales reports of tractors sold across India.