Tafe Motors And Tractors Limited

Company limited by shares (2) 678+ employees

Tafe motors and tractors limited Description

Tractors and Farm Equipment Limited was established in the year 1960. The company manufactures agricultural machinery. They offer products like tractors, harvesters, implements, engines, gears, engineering plastics, batteries, and hydraulic pumps. Being third-largest tractor manufacturer in the world and the second largest in India by volumes, the company makes around 25% market share of the Indian tractor industry with a sale of over 150,000 tractors (domestic and international) annually. Their partnership with AGCO Corporation and the Massey Ferguson brand for over 55 years is a stellar example of its commitment to building long-term relationships with its stakeholders, through fair and ethical business practices. They are also a significant shareholder in AGCO Corporation, USA – a US $8 billion tractor and agricultural equipment manufacturer. The company and its subsidiaries have diverse 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. They started with just one tractor model in the year 1961, but currently they are recognized as a high quality mass-manufacturer with an extensive product range to meet the expectations of every farmer and every farm mechanization need. Their research and development facilities are centers of excellence renowned for their innovative design and engineering expertise and have been recognized by the Department of Scientific and Industrial Research, Government of India. Extensive research and testing ensures that TAFE's products meet its exacting performance standards. They have 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 2,500 engineers apart from a number of specialists in other disciplines. They have also acquired Eicher's tractors, gears and transmission components and engines business in 2005 through a wholly owned subsidiary, TAFE Motors and Tractors Limited (TMTL). The company is a part of The Amalgamations Group based at Chennai, one of India's largest light engineering groups, comprising of 41 companies, involved in the design, development and manufacture of Diesel engines, automobile components, light engineering goods, plantations and services.

Tafe motors and tractors limited Overview

INDIA HO
Chennai
COMPANY SIZE
678+ employees
CIN
U29211TN2005PLC055476
CATEGORY
Company limited by shares
SUB-CATEGORY
Indian Non-Government Company
WEBSITE
www.amalgamationsgroup.co.in
EMAIL
sounder@tafe.com
FOUNDED
24 Feb,2005
PAID-UP CAPITAL
100,000,000
AUTHORISED CAPITAL
100,000,000
N/A Related OEMs
N/A No. of plants

Tafe motors and tractors limited in News

23 May 2021

TAFE announces free tractor rental scheme for small farmers in Tamil Nadu

TAFE will offer its 16,500 Massey Ferguson and Eicher tractors and 26,800 implements on a “free-of-cost” rental basis to small farmers owning two acres or less. Farmers can rent or hire tractors or farm implements using TAFE’s digital platform on the TN Govt’s Uzhavan app.

21 May 2021

Tractors, power tillers allowed to be retrofitted with bio-fuel engines

The decision to allow the retrofitting is aimed at promoting the use of cleaner fuels and extending the lifespan of vehicles used in farming. It comes after road transport and highways minister Nitin Gadkari launched India’s first CNG tractor converted from a diesel-based engine.

19 May 2021

TAFE donates Rs 1 crore to TN govt for procurement of oxygen cylinders

TAFE Chairman and Managing Director Mallika Srinivasan said, "The second COVID-19 wave has resulted in immense humanitarian suffering. We at TAFE offer our humble support to the efforts of the Tamil Nadu government in combating COVID and providing quality care to the people of Tamil Nadu".

03 Mar 2021

TAFE presses AGCO to refresh board, consider alternatives

Indian tractor manufacturer Tractors and Farm Equipment, known as TAFE, said in a U.S. regulatory filing that it made a presentation to the company in which it outlined AGCO's weakening long-term competitive position and urged immediate action.

13 Feb 2021

TAFE launches Dynatrack tractors

Dynatrack has an extendable wheelbase for agricultural, haulage and commercial applications. It also offers maximum ground clearance for all-terrain operations including puddling and easy crossing of bunds. Its longer wheelbase and heavy-duty front bumper provide more stability, while handling heavy-duty equipment like loaders and dozers with ease.

Directors of Tafe motors and tractors limited

Name DIN Email Designation Date of joining
Sampath Bahukudumbi Pillapakkam Unlock to View Unlock to View Director 06 Sep,2016
Swaminathan Subramanyan Nagar Unlock to View Unlock to View Director 06 Sep,2016
Lakshmi Venu Unlock to View Unlock to View Managing Director 02 Sep,2013
Sankar Datta Unlock to View Unlock to View Director 02 Sep,2013
Romesh Chandra Banka Unlock to View Unlock to View Director 25 Feb,2013
Sitaraman Chandramohan Unlock to View Unlock to View Director 25 Jan,2011
Mallika Srinivasan Unlock to View Unlock to View Managing Director 24 Feb,2005
Srinivasan Natesan Unlock to View Unlock to View Director 24 Feb,2005

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