This study of International Tractors Limited, more commonly known in the industry as ITL or its brand name Sonalika, is Off-Highway Research’s update of the detailed profile on the company first published in November 2015. ITL is the third largest agricultural tractor manufacturer in the country, and globally the fifth largest by volume.
ITL is based at Hoshiarpur in the state of Punjab with diverse business interests and focuses on light engineering products.
This report focuses on ITL’s agricultural tractor business in India. ITL and its subsidiaries are referred to as the Sonalika Group in this report. The company’s foreign subsidiaries are not covered in this report.
ITL’s financial year starts on 1st April and ends on 31st March of the following year. All references to the financial data of specific years in this report therefore refer to the financial year that starts in it. For example, 2019 corresponds to the period 1st April 2019 to 31st March 2020. However, unless specified, all sales and production data given in this report are for calendar years.
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Indian Company Profile: International Tractors
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Indian Company Profile