Some IMT Tractor Service Manuals PDF above page - 539, 559, 560, 5100, 5106, 5130, 5136.
India's largest agricultural equipment manufacturing company TAFE (one of the world's top three in terms of size) is buying a Serbian company also known as Industrija Masina i Traktora (IMT).
Previously, this brand produced a huge number of tractors with engine capacities from 35 to 200 horsepower.
The total annual quantity of equipment produced reached up to 40 thousand units.
It is noteworthy that a significant drop in production became noticeable from the beginning of 2000, and by 2015 the company was declared completely bankrupt.
The reasons for such a rapid decline are quite simple - lack of innovation, incorrect approach to management of the company's management, as well as poor quality of marketing.
However, the Indian manufacturer must literally breathe new life into a brand that has almost completely lost all chances of salvation.
An interesting fact is that the purchase of the Serbian tractor brand IMT by the Indian manufacturer took place at the end of April 2018, with TAFE being the only bidders for the purchase.
The cost of the transaction, according to preliminary data, was 600 thousand euros, which is quite a bit even for a bankrupt company.
In addition to the fact that modern infrastructure facilities will be built for the new production, many components will also be produced in India.
In particular, this concerns engines of TAFE's own production, which will be exported to Serbia.
It is not yet clear how this process will take place, since imports into the Eurozone may be limited by local legislation.
On the other hand, the restoration of a brand that was once popular in Eastern Europe could become a kind of mitigating factor, thereby somewhat reviving competition with an almost complete monopoly on the market for German equipment from various manufacturers.
In this case, increased competition seems to be a necessary measure, and a fresh Indian look at traditional European needs can ultimately create an unexpected and truly effective concept of agricultural machinery.