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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 ...
It was known as L&T John Deere Private Ltd, and manufactured tractors under the L&T – John Deere name for sale in India, and under the John Deere name for worldwide sales. [22] [23] In 2005, Deere & Company acquired nearly all the remaining shares in this joint venture. The new enterprise, is known as John Deere Equipment Private Limited.
Swaraj division [2] is a tractor and farm equipment making company which is owned by Mahindra & Mahindra Ltd. Formerly known as Punjab Tractors Limited, the company was taken over by Mahindra Group in 2007 and subsequently in 2009, the name was changed to swaraj division.
Tractors And Farm Equipment (India) IMT (Serbia) (purchased by TAFE in 2018 and restarted) TAFE; Telake (China) Terrion (Russia) TYM (South Korea) Toro. Wheel Horse (defunct as of 2007) Ventrac; Tumosan (Turkey)
The company is the largest tractor manufacturer in India [5] and has the capacity to build 150,000 tractors a year. [ 6 ] M&M produced its first tractor in 1963, the Mahindra B-275, by forming a joint venture with International Harvester to manufacture tractors carrying the Mahindra nameplate for the Indian market.
The Brand Trust Report ranked M&M as India's 10th Most Trusted Brand in its India Study 2014 survey (from 20,000 brands analyzed). [117] [118] The Farm Equipment division received the Deming Prize in 2003. [98] The Farm Equipment division received the Japan Quality Medal in 2007. [119]
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Escorts Kubota Limited – Construction Equipment manufactures and markets construction and material handling equipment like Safe Cranes, Hydra Cranes, backhoe loaders & compactors. Formerly, Escorts Construction Equipment Limited, their manufacturing and assembly facility is located in Faridabad, Haryana .