Tractors and Farm Equipment
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3% above

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Company culture, Work-life balance, Skill development

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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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Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 2.1k reviews | 4.1/5 based on 3.4k reviews | 4.1/5 based on 3.4k reviews | 4.1/5 based on 2.8k reviews |
Highly Rated for | Skill development Work-life balance Company culture | 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 | No critically rated category |
Primary Work Policy | Work from office 79% employees reported | Work from office 49% employees reported | Work from office 67% employees reported | Hybrid 53% employees reported |
Rating by Women Employees | 3.8 Good rated by 57 women | 3.9 Good rated by 422 women | 3.9 Good rated by 145 women | 3.9 Good rated by 361 women |
Rating by Men Employees | 4.0 Good rated by 1.9k men | 4.1 Good rated by 2.8k men | 4.2 Good rated by 3.1k men | 4.2 Good rated by 2.3k men |
Job security | 3.7 Good | 3.7 Good | 4.3 Good | 4.2 Good |
Tractors and Farm Equipment Salaries
Senior Engineer
Deputy Manager
Territory Manager
Assistant Area Manager
Design Engineer
Junior Manager
Diploma Trainee Engineer
Area Manager
Assistant Engineer
Quality Engineer
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Tractors and Farm Equipment News
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.

TAFE and AGCO both claim the Madras High Court’s status quo order favours them
- Chennai-based Tractors and Farm Equipment Ltd (TAFE) announced that the Madras High Court directed the status quo to be maintained in their favor regarding the use of the brand 'Massey Ferguson'.
- TAFE stated that the Court acknowledged their association with the brand for over six decades and that ownership and related matters would be addressed by a Single Judge of the Madras High Court.
- AGCO Corporation, a US-based agricultural equipment manufacturer, claimed that the Madras High Court had overturned an interim injunction, stating that AGCO is the rightful owner of the Massey Ferguson trademarks in India.
- The legal dispute between TAFE and AGCO, which involves ownership and licensing rights, is expected to be ruled upon by the Single Judge of the Madras High Court.

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