NEW DELHI: Vikram Lal-promoted Eicher group on Wednesday concluded an agreement to sell its tractor, engine and gear businesses to Chennai-based Tractor and Farm Equipment (Tafe) for Rs 310 crore.

India Business News: NEW DELHI: Eicher Motors Ltd announced plans to exit its tractor, gears and engine-making businesses.

Tafe has a significant presence in the 30-40 HP segment, while the Eicher brand holds a large market share in the 30 HP segment. Speaking about the growth of the tractor industry, Srinivasan said ...

In Andhra Pradesh’s Guntur, second-hand tractors are sold at quite a low cost to farmers who are into agriculture. Interestingly, the place also offers an opportunity to exchange the tractor ...