Tractors and Farm Equipment Limited
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Tractors and Farm Equipment Limited (TAFE) is an Indian agricultural machinery manufacturer based in Chennai, India. TAFE is one of the largest tractor manufacturer in the world and the second largest[1] in India by volume.
Description
TAFE – Tractors and Farm Equipment Limited, is an Indian tractor manufacturer incorporated in 1960 at Chennai, with an annual turnover excess of INR 12,500 crores. One of the largest[2] tractor manufacturer in the world and the second largest[1] in India by volumes, TAFE wields about 25%[3] market share of the Indian tractor industry with a sale of over 200,000 tractors[4] (domestic and international) annually. TAFE has partnered with AGCO Corporation and the Massey Ferguson brand for over 60 years.Script error: No such module "Unsubst". TAFE is also a significant shareholder in AGCO Corporation, USA – an $12.7 billion US tractor and agricultural equipment manufacturer.
TAFE has a distribution network of over 1600 dealers which sells its tractors under four 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.
Manufacturing
TAFE's plant at Turkey manufactures a range of tractors for distribution in Turkey 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. Recently TAFE acquired Faurecia's Indian Interior Business of Group FORVIA - The French Global Automotive Supplier, in December 2022.[5] TAFE employs over 3,500 engineers, as well as a number of specialists in other disciplines.Script error: No such module "Unsubst".
TAFE is a part of The Amalgamations Group based at Chennai, one of India's largest light engineering groups, comprising 4 0 companies, involved in the design, development and manufacture of diesel engines, automobile components, light engineering goods, plantations and services.
Joint manufacturing
To enhance and complete the extensive range of engines produced by the Deutz AG across emission standards for both domestic and export markets, TAFE Motors and Tractors and Deutz AG will work together to jointly manufacture 30,000 engines in the 2.2L (50-75 hp) and 2.9 L (75-100 hp) displacements under license at TAFE Motors' manufacturing facility in Alwar, Rajasthan.[6]
See also
References
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External links
Template:Chennai topics Template:Automotive industry in India
- Pages with script errors
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- 1960 establishments in Madras State
- Agricultural machinery manufacturers of India
- Indian brands
- Indian companies established in 1960
- Manufacturing companies based in Chennai
- Tractor manufacturers of India
- Vehicle manufacturing companies established in 1960