The company operated its factories at 85% utilization capacity and expects to increase utilization rate to 100% by end of June Sonalika Tractors – one of the country’s largest manufacturers of tractors – on Thursday reported 18.6% year-on-year increase in wholesales to 9,177 units in May as result of improvement in demand for tractors in the domestic and export market.
The company operated its factories at 85% utilization capacity and expects to increase utilization rate to 100% by end of June.
According to Raman Mittal, executive director, Sonalika Group, tractors play a very important role in the farmer’s life to enhance his productivity from the given set of his land.