- Autotrac Finance Limited (“AFL”), a 100 % owned subsidiary of International Tractors Limited . |
- Autotrac Finance Limited (“AFL”) is rated AA+ by ICRA. |
- New sheme launch for retail tractor loan. |
Vice Chairman, Sonalika Group
Dr. A.S. Mittal, a well-known agriculture business industrialist, is spearheading the Sonalika Group as its Vice Chairman. With a vast industry experience of over 40 years, Dr. Mittal has steadily built Sonalika with the beliefs of ‘Make in India’ and ‘Pride in India’. He represents the company's Excellence in Technology and Engineering with exports to over 150 countries, meeting myriad needs of the Global Consumer. From humble beginnings from providing agri implements to the development of Sonalika Tractors, he has been instrumental in company's transition from a 'yet-another homegrown company' to an ‘Innovative Agri Solution Provider’. The company has been known well as a powerhouse of Customer-Centric Agriculture Solutions, market leadership in 4 countries and the position of being the 3rd largest tractor brand in the domestic market, this journey has been nothing short of being an exemplary illustration of unwavering integrity, ethics and commitment to building a Global Indian Company. Dr. Mittal’s vision to make customized products best suited for every state, every soil condition and multiple applications, has resulted in offering more than 1000 variants in the widest product range from 20-120HP manufactured at the World’s No.1 largest tractor manufacturing plant. Taking Sonalika to a global platform & presence in over 150 countries, Dr. Mittal ensures that the company adheres to its core values following which he has introduced newer technologies in India like CRDi engine for tractors, PTCED robotic paint shop and many more. Amongst a host of recognitions, Dr. Mittal is felicitated by Rashtrapati Udyog Patra Award, Governor of Punjab’s ‘Entrepreneur of the Year’ Award, The Pride of Nation Award and the Business Leader Award in 2018-19. Apart from being selected as one of the Top 20 Punjabi Achievers Worldwide, he is presently the Chairman of Northern Region Development Council and also the Vice Chairman of Punjab Economic Policy & Planning with cabinet minister rank.
Joint Managing Director, Sonalika Group
Mr. Raman Mittal is the Joint Managing Director representing the dynamic face of Sonalika Group and Youth Business Leadership in the country. He has been instrumental in transforming the Group’s business footprint by establishing it firmly as a comprehensive agriculture solution provider on the global platform that's nimble in anticipating emerging consumer needs. With his clarity of thought, purpose and leadership skills to consolidate Sonalika to Lead the Agri Evolution. With him at the helm, the company has doubled its volume and grown its market share over the last four years by achieving a significant milestone of 1 lakh tractors in FY18 and crossing the feat once again in FY19. Believing in the concept of ‘Make in India’, he spearheaded the layout, set-up and inauguration of the World’s No. 1 largest integrated tractor manufacturing plant in Hoshiarpur, Punjab. He has invested the company’s energies in the state-of-the-art innovation (R&D) centre, incorporating the best global practices offering customized solutions for the farmers. With an endeavour to provide a holistic package to farmers has led the brand to gain the trust of more than 15 Lakh farmers in over 150 countries. Mr. Mittal defines People Passion at Sonalika to be the Group's DNA and differentiator. His focus and dedication has led the company to be the recipient of many prestigious awards and accolades, including the Innovation Leadership Award’19 as well as by the Global Agriculture Leadership Award’18. The company under his leadership has also been chosen by the Government of India as the contributing partner with ‘NITI AAYOG’ for doubling farmer’s income by the year 2020. He has also been awarded by the ‘Inspiring Business Leader’ by Economic Times and Car India’s ‘Power Personalities: 2012’. He was also recognized by CNBC’s Young Turks in 2011.
Executive Director, Sonalika Group
Mr. Sushant Sagar Mittal is the driving force of International Tractors Limited to stand strong as No.1 tractor brand in 4 countries & navigating Sonalika’s success under the brand name - SOLIS, across the world. He has been instrumental in transforming the company into a Mega Agri solution provider offering customized farming solutions. Under his leadership the company is the only Indian tractor brand having strong presence in over 150 countries including 35 European countries. With an endeavour to provide the best possible Agri solution he has led the brand to manufacture everything in-house at the World’s No.1 largest integrated tractor manufacturing plant. Mr. Mittal is spearheading the export business since its first order of tractors to stand as a formidable player across the globe. Mr. Mittal being a globetrotter has developed a keen insight of the agricultural complexities and practices in different regions across the world, which influence Sonalika’s product customisation. Exhibiting inspiring innovations and entrepreneurial skills, Mr. Mittal applied the advanced technologies for designing heavy duty tractors customized for the needs of the farmers globally. Mr. Mittal’s endeavour to reach the hearts of farmers has led the brand to receive massive appreciation from across the world and be felicitated with awards including the Innovation Leadership Award’19 as well as by the Global Agriculture Leadership Award’18. The brand has also been awarded as the Best brand of the Year’18-19 award through the Economic Times.
Director
Mr. Mudit Gupta started working at India’s youngest & fastest growing tractor brand International Tractors Ltd in 2016 as Corporate Strategy Officer, ITL & Director – Autotrac Finance Ltd in 2016. At Sonalika ITL, Mr. Gupta spearheads the company’s wholesale, retail finance, and exchange business. Also serving as Country Head for the South market, he is responsible for driving overall regional business operation. Mr. Gupta joined ITL, after working in the banking and finance sector for over 22 years. He has held leadership roles at India’s leading financial institutions, including ICICI BANK, India Bulls, and SREI, participating in decision-making to enhance their profitability. Mr. Gupta holds a Masters in Business Administration (Finance) and brings to the company a rigorous experience across all aspects of retail lending, including sales & marketing, credit & risk management, operations & collections, and finance & management information systems. He is known for his ideation, strategic thinking and insight in the fields of risk identification and management.
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