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Tractor and Farm Equipment Company draws expansion plan

Wednesday, 17 Oct 2018
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Tractor and Farm Equipment Company (TAFE) intends to make a capital investment of Rs 250 crore in FY19 to increase its installed capacity by 50,000 tractor units at two of its manufacturing locations.

The additional capacity is planned at its facilities in Bhopal, Madhya Pradesh which makes the company’s ‘Eicher’ brand of tractors and Doddaballapur, Karnataka which makes its TAFE brand of tractors.

The company’s current capacity utilisation across three plants which includes a third plant in Madurai, Tamil Nadu, is 1,58,000 tractors. The capacity expansion programme is underway of which Phase-I will happen by March 2019 and another one by September 2019. TAFE has facilities in Tamil Nadu, Rajasthan, Himachal Pradesh, Turkey and China.

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