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Company profile
Tractors and Farm Equipment Limited (TAFE), a US $1.6 billion tractor major incorporated in 1960 at Chennai, India. The third largest tractor manufacturer in the world and the
TAFE wields 24% market share of the domestic tractor industry, with a sale of over 148,000 tractors (domestic and
business practices.
Areas of business
TAFE exports to over 77 countries, including developed countries in Europe and the Americas. Besides tractors, TAFE and its subsidiaries have diverse
Chairman's profile
MALLIKA SRINIVASAN Her carrier in Tafe started in year 1985 till now .
A leader and strategist, recognized for professionalism, commitment to excellence and contribution to Indian Industry and Academia. Skillfully leveraged the companys resources and competencies to increase TAFEs revenues from US$ 20 million in 1985 to US$ 1.6 billion in the year 2012. TAFE is now among the three largest tractor manufacturers in the world.
From these early beginnings, company have risen to a turnover of US $1.6 billion and a sale of over 148,000 tractors (domestic and international) in the year 2011-2012, apart from the distinction of being India's largest exporter of tractors consecutively for the last three years.
Milestones
1960 1961 Incorporated as a joint venture with massey ferguson Tractors roll out of Sembium (Chennai) factory
1981
1987 1990 2000 2002 2005 2007 2009
Second tractor factory established at Doddaballapur(Bangalore) engineering plastics division plant established at Doddaballapur
Third tractor plant established at kallidaipatti near Madurai Engineering export promotion council export award for export performance, consecutively for 20 years (1990-2010) National award for the welfare of people with disability govt of India Second engineering plastics plant established at maraimalainagar Chennai Eicher tractor business, engines plant at Alwar and transmission plant at Parwanoo acquired under Tafe motors & tractors ltd Commendation for strong commitment to excel "from the jury of the CII exim bank award for business excellence Commendation for significant achievement in journey of excellence from the jury of the CII exim bank award for business excellence
2010 2011
Tafe becomes India's largest exporter of tractors TPM award for excellence from JIPM/NIQR award for quality
Overseas establishment
TAFE's first overseas plant went on stream in September 2010, at
Manisa, Turkey.
TAFE stands today, as a dynamic multi-brand giant, moving towards US $2 billion revenues in 2012-13. Its strong core competencies of engineering expertise, manufacturing mettle, and technological prowess have won the trust of farmers worldwide. TAFEs exacting performance standards drive technological innovation and superior product design.
2012
Among the many accolades and awards received by TAFE, TPM Award for Excellence from Japan Institute of Plant
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