Portfolio
International Tractors
| Sector | Industrials |
|---|---|
| Investment type | Growth Capital |
| Region | India |
| Status | Former investment |
Nature of Business
International Tractors Limited is a North India-based manufacturer of small to medium-sized tractors. The company has built a distinct position for itself in the tractor industry, with a reputation for performance, quality and reliability aligned to maximum pulling power, minimum fuel consumption and low emissions.
ITL is one of the top three tractor manufacturers in India and is also one of the leading sellers in the country. These tractors are also exported to various countries including South Africa, Australia, Zimbabwe, Sri Lanka, Canada, Bangladesh, Algeria, Zambia, Senegal and Ghana.
The company has headquarters in Delhi and a manufacturing location in Hoshiarpur, India employing more than 1,500 people. ITL is part of the Sonalika Group, which is owned by the Mittal family and has over 25 years of experience in manufacturing tractors, farm machines & automobiles.
