NEW DELHI, March 8 (AsiaPulse) – Chennai-based Tractors and
Farm Equipment Ltd (TAFE) has entered into an alliance with
Captain Tractors Pvt Ltd (CTPL) to develop and manufacture
compact tractors in the sub-20 horsepower segment. “Through this alliance, TAFE aims to offer a complete range
of products to the farming community of India,” TAFE Chairman
Mallika Srinivasan said in a statement.
CTPL will enable the company to offer innovative application
oriented special purpose tractors to farmers growing various
crops such as ground nut, sugar cane and cotton, apart from
orchard crops, she added.
While TAFE will extend reach of these tractors through its
pan India network, Rajkot-based CTPL’s dealers will also sell
and service the new products.
The final contours of the arrangement are expected to be
rolled out in the first quarter of the next financial year,
TAFE currently manufactures tractors in the 25 to 100 HP
range with a significant percentage being exported to 67
Commenting on the partnership, CTPL Director Rajesh Patel
said: “The strategic alliance with TAFE will boost our efforts
to realise the true potential of India’s market for small