under the brand name of Swaraj. In 2007, Mahindra & Mahindra Ltd. acquired majority stake in PTL, and in Feb 2009, it was merged into M&M as the Swaraj Division of Mahindra & Mahindra. TAFE Tractors and Farm Equipment Limited (TAFE) is the second largest tractor manufacturer in India. The company established in 1961 to manufacture and market Massey Ferguson tractors and related farm equipment in India. It is part of Amalgamations Group based in Chennai with Mallika Srinivasan as the chairman of the company.AGCO also owns 24% stake in TAFE. Tractors are built and sold in India under both the TAFE and Massey Ferguson brands, and exported under both brands as well. In 2005, TAFE bought the Eicher Motors tractor and engine division. VST Tillers VST Tillers was set up in 1967 in Bangalore, India. In collaboration with Mitsubishi Agricultural Machinery of Japan, they manufacture 18HP tractors under various brands, including Mitsubishi-Shakti, Shakti, Eurotrac-VST and Euro-Trac. They have been exported to Asia, the Middle East, Europe and the USA. Previous Indian Tractor Companies Tractor companies that did not survive and were not acquired by other companies are: Auto Tractors Ltd., Pratapgarh Established in 1979, Auto Tractors Ltd. (ATL) had a manufacturing plant at Pratapgarh, Uttar Pradesh, and were making tractors with Leyland engines. It was established with 40% state money and the remainder an IDBI Bank loan. Production began in September 1981, but with severe supply problems and an outmoded product they only produced 2,380 tractors in their nearly ten years of existence. This was less than the projected production for the first two years alone. The company and assets were sold to automaker Sipani in 1991, who focused on producing diesel tractor engines (at over five times the rate of ATL themselves) but built some tractors as well. After having been liquidated, the last of the company assets were offered for sale by the Uttar Pradesh state government in 2008. Asian Tractors Ltd Began building tractors in 1989 from their own designs. Ford Tractors Ford (formerly Ford Tractor Division) began producing Ford Tractors in India in 1972 with a tie up with Escorts. In 1986 Ford acquired New Holland and tractor operations was transferred to Ford-New Holland and made into an independent corporation. In 1991, Fiat began an arranged purchase of Ford-New Holland that was completed in 1993, ending Ford Motor Company's long history of tractor production. The