Tractors and Farm Equipment Limited (TAFE) is an

Indian Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asia ...

agricultural machinery Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that the ...

manufacturer based in

Chennai Chennai (, ), formerly known as Madras ( the official name until 1996), is the capital city of Tamil Nadu, the southernmost Indian state. The largest city of the state in area and population, Chennai is located on the Coromandel Coast of th ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. TAFE is the third-largest

tractor A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery such as that used in agriculture, mining or construction. Most common ...

manufacturer in the world and the second largest in

by volume.

Description

TAFE – Tractors and Farm Equipment Limited, is an Indian

manufacturer incorporated in 1960 at

, with an annual turnover of INR 10,000 crores. The third-largest tractor manufacturer in the world and the second largest in

by volumes, TAFE wields about 25% market share of the Indian tractor industry with a sale of over 180,000 tractors (domestic and international) annually. TAFE's partnership with

AGCO Corporation AGCO Corporation is an American agricultural machinery manufacturer founded in 1990 and with its headquarters in Duluth, Georgia, United States. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, ...

and the

Massey Ferguson Massey Ferguson Limited is an American agricultural machinery manufacturer. The company was established in 1953 through the merger of farm equipment makers Massey-Harris of Canada and the Ferguson Company of the United Kingdom. It was based in T ...

brand for over 60 years is a stellar example of its commitment to building long-term relationships with its stakeholders, through fair and ethical business practices. TAFE is also a significant shareholder in AGCO Corporation, USA – a US $11.1 billion tractor and agricultural equipment manufacturer. TAFE has a distribution network of over 1600 dealers which sells its tractor brands under four iconic brands– Massey Ferguson, TAFE Tractors, Eicher Tractors and IMT . TAFE exports tractors, and independently, for use in farms in over 100 countries all over the world. Besides tractors, TAFE and its subsidiaries have business interests in areas such as farm-machinery, diesel engines and gensets, engineering plastics, gears and transmission components, batteries, hydraulic pumps and cylinders, passenger vehicle franchises and plantations. TAFE's plant at Turkey manufactures a range of tractors for distribution in

Turkey Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with ...

through AGCO's dealer network. TAFE acquired Eicher's tractors, gears and transmission components and engines business in 2005 through a wholly owned subsidiary, TAFE Motors and Tractors Limited (TMTL). With six tractor plants, an engines plant, two gears and transmission components plants, two engineering plastics units, two facilities for hydraulic pumps and cylinders and a batteries plant besides other facilities, TAFE employs over 3,500 engineers, as well as a number of specialists in other disciplines. TAFE is a part of The Amalgamations Group based at

, one of India's largest light engineering groups, comprising 40 companies, involved in the design, development and manufacture of diesel engines, automobile components, light engineering goods, plantations and services.

References

{{Automotive industry in India Agricultural machinery manufacturers of India Tractor manufacturers of India Indian brands Manufacturing companies based in Chennai Indian companies established in 1960 1960 establishments in Madras State Vehicle manufacturing companies established in 1960

Description

See also

References