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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 is the top tractor company in the world (by volume) with annual sales totaling more than 200,000 tractors. Since its inception, the company has sold over 2.1 million tractors. [96] Mahindra & Mahindra's farm equipment division (Mahindra Tractors) has over 1,000 dealers servicing approx. 1.45 million customers. [97]
Mahindra Gujarat Tractors Limited, is a Farm Tractor manufacturer now part of Mahindra & Mahindra from the Government of Gujarat in 1999. It the oldest running tractor unit in India. The Mahindra Group has a 60% stake, the remaining 40% being held by the Government of Gujarat. Its best selling models is Hindustan 60.
The first Escorts tractors were produced in 1961 based on Ursus license. [13] In 1969, a partnership with Ford was set up to produce licensed Ford tractors for India. [14] Escorts has a plant in Mrągowo, Poland, that was purchased from Pol-Mot in 2000, [15] and four plants in India.
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.
Mahindra Tractors (India) . Erkunt (Turkey)(part of Mahindra) . ArmaTrac; Mahindra; Mitsubishi Agricultural Machinery (Japan)(own 33.3%); Trakstar (formerly Mahindra Gujarat and Shaktimaan brands)
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Sonalika International tractors Ltd. is the youngest and the third largest tractor maker in India. Its integrated tractor manufacturing plant at Hoshiarpur has a capacity to produce 3 lakh units per annum. The company produces tractors in a range from 20HP to 120HP and has presence in more than 80 countries.