About
Tractors and Farm Equipment Limited

TAFE – Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, with an annual turnover of INR 10,000 crores. The third-largest tractor manufacturer in the world and the second largest in India by volumes, TAFE sells over 180,000 tractors (domestic and international) annually. TAFE's partnership with AGCO Corporation and the Massey Ferguson 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 $9.1 billion tractor and agricultural equipment manufacturer.

TAFE has earned the trust of customers through its range of products that are widely acclaimed for quality and low cost of operation. A strong distribution network of over 1200 dealers effectively backs TAFE’s four iconic tractor brands – Massey Ferguson, TAFE, Eicher and the recently acquired Serbian tractor and agricultural equipment brand IMT – Industrija Mašina i Traktora. TAFE exports tractors, both in partnership with AGCO and independently, powering farms in over 100 countries which include developed countries in Europe and the Americas.

Besides tractors, TAFE and its subsidiaries have diverse business interests in areas such as farm-machinery, diesel engines and gensets, agro engines, engineering plastics, gears and transmission components, batteries, hydraulic pumps and cylinders, vehicle franchises and plantations.

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The EICHER brand of tractors are one of the oldest names in the industry, and with the all new and refreshing EICHER ‘E’ symbol, are a household name in India, and a respected mark of trust in various parts of the world. A reputed brand in the agricultural vista, EICHER tractors are renowned for their high value for money proposition, providing cost-effective and proficient products packed with some of the finest global technology. Synonymous with ruggedness and reliability, EICHER tractors are efficient, economical and offer an Ummeed Se Zyada, (translated means “it exceeds expectations”) experience.

Blended with precision technology and the promise of TAFE, there is an EICHER tractor for everything and a tractor for all.

With a history stretching back to over 70 years, IMT - Industrija mašina i traktorais a Serbian tractor and agriculture equipment manufacturing company and is one of the most popular tractor brands in Eastern Europe, Northern Africa and the Balkans.

The first factory was founded in 1947 as the central foundry. In 1949, the central foundry and a few local companies were consolidated to form a new company, the Metal Institute which later became to be known as Industrija mašina i traktora (Serbian for ‘Industry of Machinery and Tractors’). TAFE, which had a long association with IMT, acquired IMT in the year 2018. TAFE’s association with IMT spans many decades through business cooperation that involved the supply of components, aggregates and technical support.

IMT is a pioneer in farm mechanization and tractor technology. Our tractors, which range between 35 hp to 220 hp, are suitable for cultivating agricultural land, vineyards & orchards and for infrastructure applications. Our products draw strength from the indigenous R&D and the robust technology that we have built over the past decades.

While tractorization is restricted to primary and secondary tillage and substantial use of haulage, and with the cost benefit equation changing with increase in labour, it is important to provide models of mechanization that are relevant to small and marginal farms.

With a foresight that moving from tractorization to spearheading mechanization is the key to improve farm productivity and rein in labor costs, TAFE has been collaborating with world technology leaders to establish its Applications Business Unit (ABU) to efficiently answer the emerging needs of the global farming community.

Marketed under the Eicher Engines brand, Agro Engines manufactures superior quality diesel engines in the range 12 – 46 hp. These engines are robust, low maintenance, fuel efficient and serve as an additional source of revenue to farmers and our rural customers. In a short span of time, the brand has earned the trust of most customers and is one of the most preferred brand names in the range.