Sandip Sinha appointed as CEO of TAFE [Sep 23, 2019]
The former MD of Cummins India, Sandeep Sinha, has joined the Chennai-based tractor manufacturer, Tractors and Farm Equipment Limited (TAFE) as its chief executive officer.
Mr. Sinha, who had served Cummins in several roles for more than 15 years, is known for successfully leading the operations for the engine and genset maker in the Asian subcontinent. An alumnus of the Kelley School of Business, Sinha brings in decades of experience in supply chain, quality control, customer engagement and corporate strategy.
Meanwhile, TAFE has also reported of an internal restructuring of senior management officials wherein S Chandramohan has been elevated as the group president for finance and investment strategy. Furthermore, TR Kesavan has been elevated as the group president for corporate relations and alliances. Both will report to the Srinivasan in their respective new roles.
TAFE – Tractors and Farm Equipment Limited, is an Indian tractor major incorporated in 1960 at Chennai, with an annual turnover of INR 93 billion (2014-15). The third-largest tractor manufacturer in the world and the second largest in India by volumes, TAFE enjoys about 25% market share of the Indian tractor industry with a sale of over 150,000 tractors (domestic and international) annually.
TAFE's partnership with AGCO Corporation and the Massey Ferguson brand for over 58 years is a stellar example of its commitment to building long-term relationships with its stakeholders, through fair and ethical business practices. TAFE is also a significant shareholder in AGCO Corporation, USA – a US $9.4 billion tractor and agricultural equipment manufacturer.
A strong distribution network of over 1000 dealers effectively backs TAFE’s four iconic tractor brands – Massey Ferguson, TAFE, Eicher and the recently acquired Serbian tractor and agricultural equipment brand IMT – Industrija Mašina i Traktora. TAFE exports tractors, both in partnership with AGCO and independently, powering farms in over 100 countries which include developed countries in Europe and the Americas.
From a humble beginning with just one tractor model in 1961, TAFE today is recognized as a high quality mass-manufacturer with an extensive product range to meet the expectations of every farmer and every farm mechanization need. TAFE's R&D facilities are centers of excellence renowned for their innovative design and engineering expertise and have been recognized by the Department of Scientific and Industrial Research, Government of India. Extensive research and testing ensures that TAFE's products meet its exacting performance standards.