Sonalika plans to invest 500 crores in Hoshiarpur plant

Sonalika International Tractors today said that there are plans to enhance the capacity of tractor units at its Hoshiarpur plant by investing Rs 500 crores.
In addition, Rs 200 crore will also be invested in its equipment division to expand its production.
Vice Chairman of Sonalika Group, A S Mittal, said in a release that by December next year the company will double the capacity at Hoshiarpur from present 75,000 to 1.5 lakh units.