TAFE Tractor and Farm equipment limited, is an Indian tractor major incorporated in 1960 at Chennai. It is the second-largest tractor manufacturer in India and the third-largest in the world by volumes. It markets tractors under the Eicher and Massey Ferguson brands and controls almost 20% of the tractor market in India. TAFE started as a partner of Massey Ferguson (owned by AGCO) over 58 years ago. This long-lasting partnership has established the Massey Ferguson 1035 model as India’s most well-recognized tractor. AGCO is a large US-based farm equipment manufacturer. TAFE is a major shareholder in AGCO Corporation.