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 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 13,700 crores. One of the largest[1] tractor manufacturer in the world and the second largest[2] 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 is also a significant shareholder in AGCO Corporation, USA – an $14.4 billion US tractor and agricultural equipment manufacturer.