Argo Tractors, International Tractors Limited sign partnership agreement

At the bottom of this strategic agreement will be the provision by ITL of six tractor models, between 45hp to 90hp, under the license of Landini and McCormick brands, exclusively intended to Low Regulation Countries.

This agreement , says Valerio Morra, “marks the beginning of our project with a long-term perspective, implementing for our Group a worldwide growth strategy, as outlined during the recent EIMA show in Bologna, always focusing on our main pillar, the tractor. The cooperation with the International Tractors Limited will grant us the complete product range offered to Low Regulation Countries adding a family of basic tractors totally complementary to our product line-up. At the same time, we will provide, with our brands, the customary levels of distribution and high-quality after-sales service”.

The strategic agreement was signed by Valerio Morra and Gaurav Saxena - President & CEO, International Tractors Limited, India. International Tractors Ltd. is an Indian full tractor manufacturing company producing tractors in the range of 20HP to 120HP. It stands as the no.1 brand in four countries, as the 6th largest tractor manufacturer globally by volumes and is recognised in both domestic as well as international markets as a formidable player. It has established a state-of-the-art integrated tractor manufacturing plant, strategically located in Hoshiarpur, Punjab.

Sonalika ITL has presence in more than 100 countries and has crossed 100,000 tractors sales globally last year. About 2000 plus dealers in the domestic and export markets and 6000 employees are the major strength of the group. ITL has overseas assembly facilities as well in Brazil, Turkey and Algeria besides the Indian production base.