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TAFE, ICRISAT join hands to set up agri-research centre in Hyderabad to boost sustainable farming
TAFE, ICRISAT join hands to set up agri-research centre in Hyderabad to boost sustainable farming

Time of India

time15-07-2025

  • Business
  • Time of India

TAFE, ICRISAT join hands to set up agri-research centre in Hyderabad to boost sustainable farming

Tractors and Farm Equipment Limited ( TAFE ) and the International Crops Research Institute for the Semi-Arid Tropics ( ICRISAT ) have signed a Memorandum of Understanding (MoU) to establish the 'JFarm Adaptive Agriculture Research & Extension Centre' in Patancheru, Hyderabad. The partnership, formalised on July 11, 2025, will see TAFE and ICRISAT collaborate on promoting mechanised, resource-efficient, and socially inclusive farming practices. The new centre will be part of TAFE's JFarm initiative — launched in 1964 to empower farmers through research and training — and will operate under ICRISAT's Centre of Excellence for South–South Cooperation in Agriculture (ISSCA). Pivotal to Viksit Bharat The centre will focus on field-validating innovations like machine-harvestable chickpeas, soil conservation, water-use efficiency, crop residue management, and lab-to-land technology transfer. It will also provide training to farmers on tractor operations, servicing, and integrated mechanisation models. One key highlight will be the promotion of the Farmer-to-Farmer (F2F) Digital Custom Hiring model that enables mechanisation access without the need for ownership. TAFE's Group President, Dr. T R Kesavan, said the collaboration aims to 'implement precision agriculture while safeguarding land and water resources.' He added that the initiative reflects TAFE's belief in last-mile knowledge dissemination. Dr. Himanshu Pathak, Director General of ICRISAT, called mechanisation 'pivotal to achieving a Viksit Bharat,' adding that the partnership will help reduce chemical inputs, labour dependency, and environmental impact — with potential applications across Africa.

Agco announces $1B share repurchase program
Agco announces $1B share repurchase program

Business Insider

time10-07-2025

  • Business
  • Business Insider

Agco announces $1B share repurchase program

Agco (AGCO) announced its board has authorized a new share repurchase program of up to $1B of the company's common stock, following the pending resolution with Tractors and Farm Equipment Limited. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.

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