
Tractors and Farm Equipment

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About Tractors and Farm Equipment

TAFE - Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, India, with an annual turnover in excess of INR 12,500 crores. One of the largest tractor manufacturers in the world and the second largest in India by volumes, TAFE sells over 180,000 tractors annually. TAFE is also a significant shareholder in the AGCO Corporation, USA - a US $14.4 billion tractor and agricultural equipment manufacturer.
TAFE has earned the trust of customers through its range of products that are widely acclaimed for quality and low cost of operation. A strong distribution network of over 1600+ dealers effectively backs TAFE’s four iconic tractor brands - Massey Ferguson, TAFE, Eicher Tractors and IMT. TAFE acquired the Serbian tractor and agricultural equipment brand IMT - Industrija Mašina i Traktora in 2018. TAFE exports tractors to over 80 countries, powering farms in Asia, Africa, Europe, the Americas, and Russia.
Besides tractors, TAFE and its subsidiaries have diverse business interests in areas such as farm-machinery, diesel engines and gensets, agro-industrial engines, engineering plastics, gears and transmission components, hydraulic pumps and cylinders, vehicle franchises and plantations.

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Overall Rating | 4.0/5 based on 2.3k reviews | 4.0/5 based on 3.7k reviews | 4.2/5 based on 3.6k reviews | 4.1/5 based on 3k reviews |
Highly Rated for | Skill development Work-life balance | Company culture Work-life balance Skill development | Job security Company culture Skill development | Job security Work-life balance Company culture |
Critically Rated for | Promotions | Promotions | ![]() No critically rated category | Promotions |
Primary Work Policy | Work from office 80% employees reported | Work from office 53% employees reported | Work from office 66% employees reported | Hybrid 54% employees reported |
Rating by Women Employees | 3.7 Good rated by 61 women | 4.0 Good rated by 463 women | 4.0 Good rated by 164 women | 3.9 Good rated by 399 women |
Rating by Men Employees | 4.0 Good rated by 2.1k men | 4.0 Good rated by 3k men | 4.2 Good rated by 3.4k men | 4.2 Good rated by 2.4k men |
Job security | 3.7 Good | 3.7 Good | 4.3 Good | 4.2 Good |
Tractors and Farm Equipment Salaries
Senior Engineer

Territory Manager

Deputy Manager

Assistant Area Manager

Design Engineer

Junior Manager

Diploma Trainee Engineer

Area Manager

Quality Engineer

Territory Sales Manager

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Tractors and Farm Equipment News
TAFE, ICRISAT join hands to launch adaptive agriculture research centre in Hyderabad
- TAFE and ICRISAT have joined hands to launch the JFarm Adaptive Research Centre in Hyderabad for research-driven solutions in agriculture.
- The centre will focus on leveraging ICRISAT's innovations and TAFE's farm mechanisation expertise to validate research across diverse ecologies and crops.
- It aims to educate farmers on sustainable agriculture practices, promote scale-appropriate mechanisation, encourage entrepreneurship, and facilitate the transfer of agro-technologies.
- The collaboration seeks to implement precision agriculture and advance research to reduce chemical inputs, labour dependency, and environmental impact, with a vision to scale innovations across Africa.

TAFE and AGCO Corporation reach settlement on legal dispute and shareholding matters
- TAFE and AGCO have reached a settlement where TAFE will own the Massey Ferguson brand exclusively for India, Nepal, and Bhutan, with TAFE buying back AGCO's shares for $260 million.
- All commercial agreements between TAFE and AGCO will be terminated, and ongoing legal proceedings will be withdrawn via a consent decree sought in suits before the Madras High Court.
- TAFE will retain a 16.3% shareholding in AGCO, support AGCO's future buyback programs, and vote in favor of AGCO's Board of Directors' recommendations.
- The agreements will be finalized after certain processes are completed, resolving a dispute that began in September 2024 when AGCO terminated its agreements with TAFE.

Kaveri University brings AI to farming, sets benchmark in tech-driven agriculture education
- Kaveri University, promoted by the founders of Kaveri Seed Company, aims to integrate agriculture with cutting-edge technology.
- The focus is on regenerative agriculture, enhancing soil health, addressing challenges like water scarcity, climate change, and biodiversity.
- The university emphasizes the role of technology, including Artificial Intelligence, Internet of Things, machine learning, and robotics.
- Located near Hyderabad, Kaveri University is the first private university in India with an academia-industry ecosystem.
- Courses range from BSc Honours in Agriculture to B.Tech in Computer Science with specializations in AI, ML, Automation, Robotics, Data Sciences, and Cyber Security.
- Unique programs like 'AI in agriculture' and post-graduate courses in Agronomy, Soil Science, Genetics, and Plant Pathology are offered.
- The university has alliances with international institutes for dual degree programs and collaborations for digital farming solutions and skilling.
- With an estimated total outlay of ₹1,200 crore, the university has already invested ₹350 crore in infrastructure.
- Plans include accommodating around 8,000 students on a 100-acre campus over the next six years.
- Emphasis is placed on practical, industry-aligned training, with students working alongside Kaveri Seeds for experiential learning.
- The university has established a drone training academy approved by the DGCA.
- Alliances with Netafim India and TAFE facilitate digital farming solutions and skill development.
- The university aims to address current agricultural needs for higher yields, productivity, and reduced cultivation costs.
- Renowned institutes like Western Sydney University and Kansas State University are partners for collaborative projects.
- Kaveri University's approach aligns with modern agriculture and technology, making it a unique educational institution in India.

Inside the booming ₹1 lakh crore-plus farm equipment market
- The agricultural equipment market in India comprises several key segments, including soil cultivation, irrigation machinery, planting machines, and harvesting equipment.
- The growth of India's agricultural implements market is driven by factors such as labor shortages, government initiatives, rising farm incomes, technological integration, and contract farming.
- Major players in the market include Mahindra & Mahindra, TAFE, Jain Irrigation, and John Deere, each offering specialized solutions and leveraging different strategies.
- Challenges in the market include land fragmentation, awareness gaps, service infrastructure, and climate variability, which need to be addressed for sustainable growth in the sector.

TVS Holdings, TAFE realign ownership for succession clarity
- Sudarshan Venu, Managing Director of TVS Holdings, continues to lead TVS Motor.
- Lakshmi Venu has been elevated to Vice-Chairman of TAFE.
- A Memorandum of Understanding was signed among family members to prevent internal competition.
- This agreement clarifies the ownership and succession plan of the TVS Holdings and TAFE.

TAFE appoints Lakshmi Venu as Vice Chairman
- Lakshmi Venu has been appointed as the Vice Chairman of TAFE.
- She has played a significant role as a key leader and Board member.
- Lakshmi Venu has a strong academic background and vast experience in the tractor and auto component industry.
- In her new role, she will work closely with the Board and teams to strengthen the organization and drive strategic goals.

Madras High Court order status quo in Massey Ferguson brand dispute between TAFE and AGCO
- The Madras High Court has ordered status quo in the Massey Ferguson brand dispute between TAFE and AGCO.
- TAFE (Tractors and Farm Equipment Limited) will continue to have exclusive, uninterrupted use of the Massey Ferguson brand in India until the ongoing legal suit concludes.
- The court ruling reaffirms TAFE as the sole user of the Massey Ferguson brand in India since 1960.
- AGCO plans to dispute the court order by considering the terms and taking appropriate legal measures, including an appeal.


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