TAFE is a US $1.6 billion tractor major incorporated in 1960 at Chennai in India, in collaboration with Massey Ferguson (now owned by AGCO Corporation, USA). TAFE acquired the Eicher tractors business, its engine plant at Alwar and transmissions plant at Parwanoo through a wholly owned subsidiary “TAFE Motors and Tractors Limited" in 2005.

A member of the Amalgamations Group of Chennai, this company has four plants in India involved in tractor manufacturing at Mandideep (Bhopal), Kalladipatti (Madurai), Doddaballapur (Bangalore) and in Chennai and a new overseas plant in Turkey.

Apart from being among the top three tractor manufacturers in the world, TAFE is also involved in making diesel engines, gears, panel instruments, engineering plastics, hydraulic pumps, plantations and passenger car distribution through other divisions and wholly owned subsidiaries.

TAFE Motors and Tractors Limited is a wholly owned subsidiary of TAFE, which was set up in 2005 when TAFE acquired Eicher tractors, the Eicher engines plant at Alwar and the Eicher transmissions plant at Parwanoo. The company manufactures the Eicher brand of tractors at its plant near Bhopal at Mandideep, diesel engines at its plant at Alwar and transmission components at Parwanoo. The Eicher brand of tractors has a distinguished heritage of 50 years in India. Known for its unique distinction of offering a range of both air and water cooled tractors, its tractors span the 20 to 60 HP segment and have been well received in this segment. Their less than 30 HP range has commanded market pre – eminence in this segment. The diesel engines from its Alwar plant find a variety of automotive, genset and industrial applications including the telecom and retail sectors. The transmission unit at Parwanoo serves in house needs as well as to other OEMs including TAFE.