The first factory was founded in 1947 as the central foundry. With a history stretching back to over 70 years, IMT - Industrija mašina i traktorais a Serbian tractor and agriculture equipment manufacturing company and is one of the most popular tractor brands in Eastern Europe, Northern Africa and the Balkans. TAFE exports tractors, both in partnership with AGCO and independently, powering farms in over 100 countries which include developed countries in Europe and the Americas.īesides tractors, TAFE and its subsidiaries have diverse business interests in areas such as farm-machinery, diesel engines and gensets, agro engines, engineering plastics, gears and transmission components, batteries, hydraulic pumps and cylinders, vehicle franchises and plantations. A strong distribution network of over 1200 dealers effectively backs TAFE’s four iconic tractor brands – Massey Ferguson, TAFE, Eicher and the recently acquired Serbian tractor and agricultural equipment brand IMT – Industrija Mašina i Traktora. TAFE has earned the trust of customers through its range of products that are widely acclaimed for quality and low cost of operation. TAFE is also a significant shareholder in AGCO Corporation, USA – a US $9.1 billion tractor and agricultural equipment manufacturer. TAFE's partnership with AGCO Corporation and the Massey Ferguson brand for over 60 years is a stellar example of its commitment to building long-term relationships with its stakeholders, through fair and ethical business practices. The third-largest tractor manufacturer in the world and the second largest in India by volumes, TAFE sells over 180,000 tractors (domestic and international) annually. TAFE – Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, with an annual turnover of INR 10,000 crores.

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