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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 ...
The company has become the No.1 company in exports from India selling 35,000 tractors in FY 2021-2022 and is active in 150+ countries. [2] It manufactures tractors ranging from 20 HP to 125 HP. [3] [4] The company is operated by International Tractors Limited, [5] the flagship firm of Sonalika Group. [1] [6] Sonalika Tractors holds about 11.7% ...
The company popularly known as Gujarat Tractors and its popular 60 hp model Hindustan 60 was established in 1959 as Tractors and Bulldozers Private Ltd and imported tractors. Manufacturing began in 1963, in collaboration Motokov-Praha ( Zetor ) of Czechoslovakia, and was known as Hindustan Tractors & Bulldozers Ltd. [ 24 ] In 1967, it became ...
Escorts Agri Machinery was launched in 1960. The company manufactures tractors under the brand names Farmtrac, Powertrac, and Steeltrac. [12] 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]
The most notable being the Tractors and Farm Equipment Limited, Simpsons & Company, Bimetal Bearings, India Pistons, T. Stanes & Co, Amco Batteries, Higginbotham's and Addisons Paint. The group today has over 47 companies with 50 manufacturing plants. [2] [3]
International Tractors Limited is the major company, involved in manufacturing and exporting tractors, farm equipment and accessories. [1] International Cars And Motors Ltd. (ICML) manufactures MUVs, and was established in 2004 with the capacity to manufacture 2,000 vehicles in a month. [2] Sonalika produces tractors with two brands Sonalika ...
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 manufactures its products at four plants in India, two in Mainland China, three in the United States, and one in Australia. It has three major subsidiaries: Mahindra USA, Mahindra (China) Tractor Company, and Mahindra Yueda (Yancheng) Tractor Company (a joint venture with the Jiangsu Yueda Group). [97]
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