TAFE Motors, DEUTZ tie-up to grow internal combustion engine biz
03 Jul 2024
2 Min Read
CW Team
TAFE Motors and Tractors, a subsidiary of TAFE, one of the world's top tractor manufacturers, has entered into a strategic partnership with DEUTZ AG, a leading German manufacturer of internal combustion engines. Under this agreement, TAFE Motors will produce up to 30,000 DEUTZ engines annually in the 50-75 hp and 75-100 hp ranges at its manufacturing facility in Alwar, Rajasthan.
This collaboration aims to cater to growing demands in the Indian market and fulfill DEUTZ's requirements. TAFE Motors 'Alwar facility, known for producing diesel engines and gensets ranging from 5 to 125 kVA under brands like Eicher Engines and TMTL Engines, will now expand its capabilities to include DEUTZ engines.
DEUTZ AG sees this partnership as a strategic move to enhance its presence in India and leverage TAFE Motors? manufacturing prowess. Sebastian C Shulte, CEO of DEUTZ AG, highlighted the importance of accessing new markets and ensuring competitive production costs amidst global technological shifts and geopolitical challenges.
Sandeep Sinha, CEO of TAFE Motors and Tractors Ltd, emphasized the mutual benefits of the collaboration, stating that it will enable both companies to leverage shared technologies and resources. This strategic alliance not only strengthens DEUTZ's supply chain but also enhances TAFE Motors' product offerings for both domestic and international markets.
The partnership underscores a commitment to innovation and resilience in the face of evolving industry landscapes, positioning both companies for sustained growth and market leadership.
TAFE Motors and Tractors, a subsidiary of TAFE, one of the world's top tractor manufacturers, has entered into a strategic partnership with DEUTZ AG, a leading German manufacturer of internal combustion engines. Under this agreement, TAFE Motors will produce up to 30,000 DEUTZ engines annually in the 50-75 hp and 75-100 hp ranges at its manufacturing facility in Alwar, Rajasthan.This collaboration aims to cater to growing demands in the Indian market and fulfill DEUTZ's requirements. TAFE Motors 'Alwar facility, known for producing diesel engines and gensets ranging from 5 to 125 kVA under brands like Eicher Engines and TMTL Engines, will now expand its capabilities to include DEUTZ engines.DEUTZ AG sees this partnership as a strategic move to enhance its presence in India and leverage TAFE Motors? manufacturing prowess. Sebastian C Shulte, CEO of DEUTZ AG, highlighted the importance of accessing new markets and ensuring competitive production costs amidst global technological shifts and geopolitical challenges.Sandeep Sinha, CEO of TAFE Motors and Tractors Ltd, emphasized the mutual benefits of the collaboration, stating that it will enable both companies to leverage shared technologies and resources. This strategic alliance not only strengthens DEUTZ's supply chain but also enhances TAFE Motors' product offerings for both domestic and international markets.The partnership underscores a commitment to innovation and resilience in the face of evolving industry landscapes, positioning both companies for sustained growth and market leadership.
Next Story
MoHUA Plans New Role for Smart City SPVs
In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..
Next Story
ADB Approves $110 Million Loan to Boost Skills in Gujarat
The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..
Next Story
SDAL Tests Rudrastra UAV and Bhargavastra Defence System
Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..
