In 2023, the New Holland T4 Electric Power Tractor will make a splash as the world's first autonomous electric tractor.
When it comes to the most recent tractor technology, an electric tractor with self-driving capabilities comes to mind. Farming with an autonomous electric tractor will soon become a reality. CNH Industrial has unveiled the first all-electric light utility tractor with self-driving capabilities in the industry. The tractor was unveiled at the company's Tech Day in Phoenix, Arizona, in the United States. According to the company's press release, production will begin by the end of 2023. Stay tuned to TractorKharido for more information on the CNH Industrial autonomous electric tractor, which achieved 11.2 percent growth in the first eight months of the fiscal year 2022–23.
This year, Sonalika, the country's leading tractor manufacturer, has broken numerous tractor sales records. In the first eight months of fiscal years 22–23, the company set a new record for the fastest 1 lakh tractor sales. While the tractor industry's growth rate is estimated to be 8.8 percent, Sonalika has set a new record with a YTD growth rate of 11.2 percent. Stay tuned with TractorKharido as we provide detailed information about the Sonalika Tractor Sales Report 2022 (YTD) in this post.
For the past six years, more than one lakh tractors have been sold continuously.
Sonalika Tractors, the country's largest tractor exporting brand, has always been known for its tractors equipped with cutting-edge technology. Since the last six fiscal years (FY'18-FY'23), Sonalika has sold over one lakh tractors per year. Sonalika's happiness has grown in the fiscal years 2022–23. In the first eight months of this fiscal year, the company has sold more than one lakh tractors (April to November 2022). During this time, the company has also lagged behind the tractor industry's expected growth rate.
For the first time, 1 lakh tractor sales were achieved in FY18.
For the first time, Sonalika sold more than one lakh tractors in fiscal year 2018. Let us remind you that Sonalika Tractors reached the incredible milestone of 1 lakh tractor sales in just 12 months. The company's plans and optimised product portfolio enabled it to improve its fiscal-year performance. Better products, better service, and greater customer choice have always been priorities for the company.