An Overview of TAFE:
The TAFE full form is Tractors and Farm Equipments limited. It is a significant Indian tractor manufacturer that was founded in Chennai in 1960. It is the third-largest tractor producer in the world by volume and the second-largest tractor maker in India. It controls around 25% of the market for tractors in India.
Every year, TAFE sells more than 150,000 tractors and is active in more than 100 nations. The founding chairman of TAFE is Shri. S. Anantharamakrishnan, and as of October 2017, Malika Srinivasan serves as the organization’s chairman and CEO. Let us see the detailed explanation of Tractors and Farm Equipments in the upcoming session.
Aspects of TAFE:
Through its extensive selection of high-quality products, TAFE has gained the respect and trust of its consumers. The legendary tractor brands Massey Ferguson, TAFE, and Eicher are successfully managed via its distribution network, which consists of more than 1000 dealers. It has a large stake in the USA-based AGCO Corporation. In more than 100 nations, it exports tractors both independently and in collaboration with AGCO.
A vast variety of equipment in several categories, including agricultural machinery, Diesel engines, gen sets, technical plastics, gears, batteries, hydraulic pumps, cylinders, etc., are also produced by TAFE in addition to tractors. The Department of Scientific and Industrial Research, Government of India, recognizes its R&D facilities for their innovative designs and engineering know-how.
Final Thoughts:
To summarize, The TAFE full form is Tractors and Farm Equipments. From the above-given article, we have gained knowledge about TAFE and its aspects. Moreover, TAFE has received many awards including the Star performer Award for export excellence since 1995, the Award for best Employer of people with disabilities, the Indian Manufacturing Excellence Award to TAFE Madurai PLant from Frost & Sullivan, and many more honorable awards.