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Wednesday, 20 April 2016

Sonalika International Tractors Ltd. Chairman Ranks 46th Among Indian Billionaires in Forbes Annual Ranking

By 121 News

Chandigarh 20th April:-  Lachhman Das Mittal, Chairman of India's 3rd largest tractor manufacturing company, Sonalika International Tractors Limited is ranked 46th in the list of Indian billionaires. This list appeared in the eminent forbes annual ranking of the world's billionaires for 2016. With the net pegged at $1.7 billion. Last Year, Lachhman Das Mittal moved up to 52ndposition in 2015 from the previous 65th position in 2014.

Lachhman Das Mittal today fondly known as "Tractor Titan" started his carrier in The Life Insurance Corporation of India (LIC) and from there on, he ventured into manufacturing of implements for agricultural needs of farmers in 1969. Back in 90's, situation of farmers was wretched and India was far back in terms of food productivity. To cater farmer's requirements and demands to increase food productivity.

A firm believer of the philosophy of "vasudhaiva kutumbakamstating whole world as one family", he envisions a world which is free from poverty and hunger. He is working on reforming and conserving the society since the time when it was not even made a compulsory act by the Government.  Lachhman Das Mittal usually quotes, "There are no short cuts for success, just sheer hard work" and believes in the concept of 3Ts for success- training, training and training.

Raman Mittal, Executive Director Sonalika ITL said that LD Mittal is a true visionary and his idea of hunger free world is a guiding force for the company's progress. His thought and meticulous modus operandi is a source of inspiration for more than 3500 employees of the company.

 

 

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