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Business
TAFE to Boost Tractor Production with ₹1,250 Cr New Plant
✍️ Tractor Junction
🗓 31 Aug 2026, 01:47 PM
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Tractors and Farm Equipment Limited (TAFE) has announced a ₹1,250 crore investment to set up a new plant aimed at expanding its tractor production capacity.
Tractors and Farm Equipment Limited (TAFE) has unveiled plans to invest ₹1,250 crore in a new manufacturing facility. The move is intended to increase the company's tractor production capacity, positioning TAFE to meet growing demand in the agricultural sector. Details on the plant's location and expected output remain undisclosed at this stage. The investment underscores TAFE's commitment to expanding its footprint in the Indian tractor market.