Chennai: Privately held Amalgamations group firm Tractors & Farm Equipments Ltd (TAFE) has said that the industry would grow 8% CAGR for the next three years and it would better industry growth.
World's third largest tractor maker TAFE hopes to sell 1.55 lakh units (including exports) for the current year, up from 1.45 lakh units last year. The tractor maker, which makes and sells tractors under Massey Ferguson, Eicher and TAFE brand said that there were significant growth potential as farmers look for increased mechanization.
"We will see better than industry growth," TAFE's chairman and CEO, Mallika Srinivasan said. She launched a new 'Smart' series of Massey Ferguson tractors and premium compact utility tractors. She also said that two new product platforms under its Eicher brand.
Exports for TAFE will also rise, she said. From 18,000 to 20,000 units projected for the current fiscal, exports will increase to 32,000 units in 2018-19.
The company will be shipping out sizeable number of 100hp tractors to African market under TAFE brand.
She said with the new Smart series tractors the company will redefine customer experience with respect to productivity, efficiency and return on investments. By end of 12 months, the company hopes to sell around 10,000 units in Smart series.
{Vehicle Name}
Long-standing leaders in the Indian tractor market, having gained the confidence of 40 lakh tractor...
Read MoreSonalika Tractors, the leading tractor export brand in India, is thrilled to have reached the...
Read MoreKubota India, renowned for its commitment to excellence in agricultural machinery and equipment, has recently...
Read MoreAutoNxt Automation, a disruptive technology start-up building high-torque electric powertrains and off-road autonomous technologies, is...
Read Moreमहिंद्रा 215 युवराज एनएक्सटी के इन खास फीचर्स से किसानों को मिलेंगे कई फायदे महिंद्रा...
Read Moreजानें, कपास की बुवाई में ध्यान रखने वाली सावधानियां कपास की खेती का समय आ गया...
Read Moreजानें, इस मशीन की विशेषता, लाभ और कीमत गेहूं की कटाई (wheat harvesting) का सीजन...
Read Moreअमीर बनने के लिए करें तिल की खेती, अधिकतम भाव 15000 रुपए पहुंचा अगर आप...
Read Moreकौनसी है गाय की यह नस्ल, जानें, इसकी विशेषता, कीमत और सब्सिडी की जानकारी किसान...
Read Moreजानें, जायद सीजन में बुवाई के लिए मूंग की पांच बेहतर किस्मों की जानकारी गेहूं...
Read MoreRequest Call Back
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
ट्रैक्टर से जुडी किसी भी सहायता के लिए
तुरंत अपनी जानकारी भरे और हम आपसे जल्दी संपर्क करेंगे !
Report Incorrect Price -