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TAFE products

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TAFE Tractors are known for their dependability and superior technology. Built to the taste of the land, a TAFE tractor is synonymous to toughness and stands for high standards of precision build quality, housing the expertise of TAFE acquired over decades of its being

TAFE Tractors are known for their dependability and superior technology. Built to the taste of the land, a TAFE tractor is synonymous to toughness and stands for high standards of precision build quality, housing the expertise of TAFE acquired over decades of its being

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TAFE products

  1. 1. TAFE Tractors and farm equipment limited https://tafe.com/
  2. 2. Corporate Profile TAFE – Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, with an annual turnover of INR 93 billion. The third-largest tractor manufacturer in the world and the second largest in India by volumes, TAFE wields about 25% market share of the Indian tractor industry with a sale of over 150,000 tractors annually. TAFE's partnership with AGCO Corporation and the Massey Ferguson brand for over 58 years is a stellar example of its commitment to building long-term relationships with its stakeholders, through fair and ethical business practices.
  3. 3. Our Vision • The philosophy that drives TAFE was first enunciated by its CMD in 1992. "To us in TAFE, Excellence is not something that we engineer, inspect and input into our tractors. It is an innate desire to attain the best that comes from within each of us. It defines our lives at work and at home and ripples out into the world around us" This inspired TAFE to evolve its Vision & Values in 1999, through a company-wide participative exercise with external facilitation from IIM, Bangalore. The Vision & Values statement captures key elements of TAFE's culture, strengths and aspirations.
  4. 4. Core Values • Customer - We may not be able to wipe the sweat from the customer's brow, but we can certainly put a smile on their face • ethics - Our strong foundation has been ethical practices, open and transparent operations. • Environment- While serving our company, we are mindful of our commitment to preserve the environment and contribute positively to society • People- We are not just individuals doing our respective jobs. We are partners in progress. Our people matter • Change - We create value by anticipating, preparing and facing changes in a world where the only thing that is permanent, is change itself • trust -We value trust and long-term relationships with stakeholders, we live by it
  5. 5. Financials • TAFE's financial track record is one of consistent profit making, prudent fund management and sound corporate governance. TAFE sets industry standards for various performance parameters like inventory turns and Returns on Capital Employed (ROCE). Among the least leveraged companies in this industry, most of TAFE's expansion plans are financed through internal accruals leading to exceptional ratings by acclaimed credit rating agencies
  6. 6. Awards And Milestones • February 16, 2019 TAFE Wins 12 Awards at the Public Relations Council of India’s 9th Annual Excellence Awards For TAFE Corporate Communications PRCI Crystal Award for Excellence in Corporate Communications • For TAFE – Be a #FarmDost Gold Award for Public Service Advertisement & Silver for Advertisement Campaign (Television)
  7. 7. List Of Awards • Chanakya Award for Social Leadership For Outstanding Contribution to the Profession, Industry & Society • 2019Agriculture Initiative of the Year Awards & Innovative Ideas for Rural Development Award TAFE – JFarm Services • February 14, 2019Organization with Best CSR Practices for Rural Development • 2018Frost & Sullivan Global Manufacturing Leadership Awards- Enterprise Integration and Technology Leadership Award
  8. 8. Thank you

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