This year’s Padma Shri honoree includes an esteemed entrepreneur often hailed as India’s “Tractor Queen,” whose company boasts a turnover of Rs 10,000 crore.
Mallika Srinivasan, recognized as one of India’s wealthiest female entrepreneurs with a net worth of $2.84 billion (approximately Rs 23,727 crore), is married to Venu Srinivasan, the Chairman Emeritus of TVS Motors, whose earnings are around Rs 29,241 crores.
Serving as the Chairman and Managing Director of Tractor and Farm Equipment Limited (TAFE), Mallika Srinivasan has steered her company to remarkable success, reaching the milestone of a Rs 10,000 crore turnover. Under her exceptional leadership and strategic acumen, TAFE has thrived in the competitive market.
Born in 1959, Mallika Srinivasan pursued her higher education at Madras University before earning an MBA from the Wharton School, University of Pennsylvania, USA. In 1986, she made the decision to join the family business established by businessman S. Anantharamakrishnan, a key figure in transforming Chennai into the ‘Detroit of India.’
At 64 years old, Mallika Srinivasan has spearheaded a significant technological transformation at TAFE, propelling the company to become the world’s third-largest tractor manufacturer. Her dedication and vision have propelled TAFE to extraordinary heights, solidifying its position in the global market.
In addition to her role at TAFE, Mallika Srinivasan serves on the Governing Board of IIT Chennai, the Executive Board of ISB Hyderabad, and holds positions in renowned corporations such as AGCO, Tata Steel, and Tata Global Beverages. Recently, she stepped down from her position as an independent director on the board of food delivery giant Swiggy, as reported.
