Sonalika to hire 150+ designers and domain experts for new R&D Center in NCR ? Targeting to double annual sales in next 5 years
International Tractors Limited, generally called Sonalika tractors is going open up a new Research and Development centre in Delhi-NCR area at a cost of Rs. 200 Crores. The new R&D centre will help in the realization of the Sonalika dream to be able to deliver 2 Lakh tractors a year by 2023-24.
Company mentioned that this new facility will be utilized to develop latest technologies for farmers while focusing on latest emission norms. This will also help company to develop the products at faster pace.
Company is also investing Rs. 250 Crores in Hoshiarpur based R&D unit located within factory premises to further upgrade the existing machinery and mechanism. It is noteworthy that Hoshiarpur based plant of Sonalika is worlds's largest integrated plant.
Speaking on the new R&D facility, Mr. Raman Mittal, Executive Director, Sonalika Group, said,“ The new Innovation center in Delhi NCR is in line with our core belief of being farmer centric by constantly providing innovative and technologically superior products. This is the first step towards our new vision of 2 lakh tractors by 2023-24. This facility will be a fully functional development center to produce all aggregates & all prototypes with latest state-of-the-art test facility. To closely translate the demands of the farmers into farm mechanization solution, we are recruiting over 150+ domain experts for this new set up.” He added,
“Collaboration across different segments is a key enabler of successful innovation. The innovation center is going to work towards contemporary and future technology requirements to meet the emission and safety norms in global markets including Europe and USA. The setting-up of the futuristic state-of-the-art Global innovation and R&D center is also a major step towards India’s steady emergence as a global R&D hub in the world map.”