Sonalika forays into China market, forms JV with Shandong LuyuAs part of the JV agreement, Sonalika will also set up an assembly plant for engines in China. Sonalika is already amongst the largest expo...
21 Oct, 2019, 06.25 PM IST
Sonalika reports 23.2 pc jump in tractor sales in AugustThe total sales, including exports, during August 2017 were 6,036 units, International Tractors Limited (ITL), which makes Sonalika brand o...
03 Sep, 2018, 12.07 PM IST
Sonalika Tractors to invest Rs 200 crore in setting up of new R&D centreThis new tech centre will help the company reduce product development lifecycle and thereby help the company achieve its goal of doubling a...
31 May, 2018, 04.53 PM IST
Sonalika crosses the 1 lakh milestone in annual sales in FY18The company recorded a robust growth of 56% in the last quarter FY’18, surpassing the overall growth registered in the industry.
31 Mar, 2018, 07.26 PM IST
Yanmar buys Blackstone's 18% stake in International TractorsYanmar will acquire shares held by the world's biggest private equity fund, Blackstone Group, which will make a rough three times return on...
23 Dec, 2016, 01.15 AM IST
Sonalika to enter 10 new markets this year; start exports to USThe Punjab-based firm, which currently sells tractors in over 80 international markets, also aims to begin local assembly operations in Ira...
11 Sep, 2016, 01.30 PM IST
Sonalika unveils 120 HP tractor 'Solis 120'The tractor, which has been indigenously developed and manufactured by the company, has a lifting capacity of 4,500 kg.
17 Aug, 2016, 03.49 PM IST
Tractor sales recover in April on lower base, monsoon forecastIndia’s largest tractor company Mahindra and Mahindra posted 22% growth in sales for April, compared to same period last year, of over 20,7...
03 May, 2016, 12.57 AM IST
Blackstone planning to exit Sonalika Tractors partially by selling sharesSonalika International Tractors Ltd, backed by the New York-headquartered investment firm, is looking to raise as much as Rs 2,000 crore th...
22 Apr, 2016, 09.33 AM IST
Sonalika International Tractors aims to double its revenue by 2020Sonalika International Tractors is one among the top three tractor manufacturers in the country with a market share of around 12 per cent.
28 Jan, 2016, 03.11 PM IST
Sonalika inks pact with Minsk Tractor Works to re-launch Belarus tractors in IndiaTractor maker Sonalika Group has inked a pact with Minsk Tractor Works to re-launch their Belarus range of tractors in India.
24 Jun, 2015, 06.05 PM IST
Global tractors companies don't have pricing edge: International Tractors Ltd's chairman LD MittalWith many foreign tractor makers set to enter the domestic market —Mittal says tough markets like the US, Europe and Australia are on his r...
15 May, 2014, 10.03 PM IST
Sonalika expands capacity; eyeing 15% market shareInternational Tractors is investing Rs 60 crore in capacity expansion at the Hoshiarpur plant in Punjab. With this investment the owner of ...
03 Feb, 2014, 09.57 AM IST
- Tractor co ITL plans IPO to give PEs an exit route
International Tractors (ITL) is planning to offer its three private equity investors - JM Financials, 3I and Citi - an exit option through ...
13 Sep, 2008, 02.59 AM IST
- ITL defers its proposed public issue for six months
International Tractors, the manufacturer of Sonalika brand of tractors on Tuesday said that it has deferred its proposed initial public off...
19 Feb, 2008, 07.51 PM IST
- ITL to offload 5per cent more to investor
International Tractors (ITL), owners of the Sonalika brand, is in talks to offload another 5% as part of its fifth tranche of private place...
23 Jul, 2007, 12.38 AM IST
- Iffco-Tokio signs MoU with Sonalika Group
Iffco-Tokio General Insurance Co Ltd (ITGI) has signed a Memorandum of Understanding (MoU) with Punjab based Sonalika Group.
17 Oct, 2006, 02.40 PM IST