Mohali, January 21, 2025: Pritika Auto Industries Limited, one of North India’s leading manufacturers of precision machined components for tractors and heavy commercial vehicles, has officially commenced commercial production of newly ordered components for a prominent multinational tractor manufacturer in India. The development follows the successful completion of inspection and trial runs at the customer’s end.
The components being produced include:
- Case (Hydraulic Cylinder)
- Bracket Top Link
- Block (Hydraulic)
- Tube Cylinder
The total business value of these components is estimated to be approximately ₹200 crore per annum, adding to the company’s existing order book. Additionally, the orders are expected to have long-term visibility over the next four to five years, with a cumulative business volume ranging from ₹800 crore to ₹1,000 crore.
Positive Outlook for the Tractor Industry
The tractor industry in India is witnessing strong demand, with a leading tractor OEM projecting double-digit growth in the second half of FY25, as highlighted in its Q2 FY25 presentation. Pritika Auto Industries, known for its strong and long-standing relationships with key clients, is well-positioned to benefit from this growth.
Strong Clientele and Nationwide Presence
Pritika Auto Industries has a PAN-India presence and serves several major Original Equipment Manufacturers (OEMs), including:
- Escorts Kubota Ltd.
- Tractor & Farm Equipment Ltd.
- Mahindra & Mahindra Ltd.
- Ashok Leyland Ltd.
- Mahindra Swaraj
- Swaraj Engines Ltd.
- TAFE Motors & Tractors Ltd. (Eicher Tractors)
- Brakes India Ltd.
- SML Isuzu Ltd.
- Knott – Vortex Pvt. Ltd.
- CNH Industrial (India) Pvt. Ltd. (New Holland Tractors)
- International Tractors Ltd. (Sonalika)
With this new production milestone, Pritika Auto Industries continues to solidify its position as a key player in India’s tractor and heavy commercial vehicle component manufacturing sector.