Mittal works to solidify his group position among world tractor manufacturers
India’s No. 1 tractor export brand Sonalika Tractors has been among the leading OEMs in the state of Punjab and has already put Hoshiarpur town on the world map with its World’s largest tractor manufacturing facility.
In line with its commitment to infuse fresh round of investment announced late last year, Sonalika will invest Rs.1,000 crore in setting up a new tractor assembly plant and additionally, Rs.300 crores for setting up a new high-pressure foundry.
Punjab Chief Minister Bhagwant Mann https://punjab.gov.in/government/ laid the foundation stones for two plants at the ground breaking ceremony on 14 Mar 2024.
Mann noted that the state-of-the-art tractor assembly facility is exclusively dedicated for Sonalika group’s export commitments and will increase the company’s annual capacity by additional 1 lakh tractors once fully operational.
In addition, the new cutting edge facility DRAS – a High-Pressure Foundry Plant – will be the largest casting plant in North India once ready.
The new facility has been designed by seasoned engineers from Japan, adheres to rigorous Japanese manufacturing standards, ensuring unparalleled quality and efficiency to expand Sonalika’s footprint over 150 countries https://www.youtube.com/watch?v=W3P9deLFkk8 .
The new plant will solidify the company’s position as the proud owner of the largest integrated tractor plant globally https://agriwelfare.gov.in/ .
“Sonalika’s fresh round of investments in the Hoshiarpur will pave way for further solidifying our position as the proud owner of World’s largest tractor manufacturing facility,” said Dr. Amrit Sagar Mittal, Vice Chairman, Sonalika Tractors https://www.sonalika.com/ .
“The government’s support has been phenomenal, particularly through its single-window channel for facilitating the establishment of new projects in Punjab. The collaborative efforts between the private sector and the government are fostering a conducive environment for business growth and innovation.”
“Our heavy-duty tractor range will get a major boost in terms of quality and expansion as the new casting plant is equipped with a melting capacity of over 1 lakh metric tonnes per annum,” elaborated Akshay Sangwan, Director – Development & Commercial, Sonalika Tractors.
“Featuring the state-of-the-art German-made Kunkel Wagner high-pressure moulding line, DRAS is poised to elevate the quality of tractors through the production of fine-quality casting.” Fiinews.com
