Source: Tanjug | Tuesday, 12.02.2019.| 08:40
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Indian company Sonalika and FPM Agromehanika present new tractor – Expansion of production in Boljevac planned

Illustration (Photo: bibiphoto/shutterstock)
The Indian company Sonalika has presented three new Solis tractors in Boljevac, which will be assembled at the Boljevac-based Fabrika Poljoprivrednih Masina (FPM) Agromehanika.

– The new tractors meet the strict criteria of the European Union's IPARD program, thanks to which this factory will become one of the most important producers of tractors on the Old Continent – said Ajay Kumar, sales manager for Europe at Sonalika.

He added that, with an annual production of 100,000 tractors and 5,000 employees, Sonalika was the biggest Indian exporter of tractors and that the plan was for it to become one of the three biggest producers of tractors in the upcoming years.

The director of FPM, Branislav Rajic, emphasized that Agromehanika was the leading producer of farming mechanization in Southeast Europe.

– We plan to increase our exports from 65% to 75% in the upcoming period – Rajic said.

FPM has been Sonalika's strategic partner since 2012. Around 300 tractors are produced in Boljevac each year.

Sonalika plans to expand the production in Boljevac to 700 and to establish a line for the production of at least 30% of the components.
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