TAFE, a manufacturer of tractors and farm equipment, announced the acquisition of the Indian interior systems business of French global automotive supplier Faurecia for about ₹400 crore, according to The Hindu BusinessLine report. A part of the Group Forvia, Faurecia is among the top 10 global automotive supplier with 1,11,000 employees across 33 countries. Faurecia…
Tag: TAFE
TAFE to expand production capacity in Bhopal and Doddaballapur facilities.
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•Tractors and Farm Equipment Limited (TAFE), India’s second largest tractor maker by volumes will try to invest Rs 250 crores in the current financial year to increase its installed capacity by 50,000 tractor units at two of its manufacturing locations in India. TAFE is planning these expansions in its facilities at Bhopal and Doddaballapur. The company…