Pritika Group achieves highest-ever monthly dispatch amid strong demand from domestic OEMs

Pritika Auto Industries Limited, which is into the manufacturing of tractor components, has achieved its highest-ever monthly dispatch, reaching 3,550 tons in July 2024. 

"Company registers highest ever monthly dispatch, reaching an impressive 3,550 tons in July, 2024 driven by strong demand from domestic OEMs and an upbeat market outlook," the company said in an exchange

This was triggered by a strong market recovery and high demand from several OEMs across India. A healthy agricultural sector supported increased demand for tractors. 

Commenting on the development, Harpreet S. Nibber, Managing Director, Pritika Auto Industries Limited said, "This record dispatch comes at a time when Pritika Auto Industries is expanding its footprint and enhancing its product portfolio to meet the evolving demands of the automotive sector. The Company continues to invest in state-of-the-art technology and process improvements to enhance its product portfolio and deliver high-quality products and services to its customers."