Who is Mallika Srinivasan? Tractor Queen of India Leading the Rs 10k Cr Company

Mallika Srinivasan Net Worth: With an annual revenue of Rs 10,000 crore, TAFE is a major tractor company in India that was founded in Chennai in 1960. The company's chairman and managing director is Mallika Srinivasan. Mallika Srinivasan, who has rightfully been dubbed the "Tractor Queen of India," has built TAFE into a major force on the international scene while promoting a more robust agriculture sector in the biggest democracy in the world.

Mallika Srinivasan Net Worth: The tale of Mallika Srinivasan is one of remarkable leadership. Not only is the visionary leader of TAFE (Tractors and Farm Equipment Limited) a well-known figure in Indian industry, but he also actively supports education and agriculture.

Rightfully dubbed the "Tractor Queen of India," Mallika Srinivasan has established TAFE as a significant player on the global stage while advocating for a more robust agriculture sector in the world's largest democracy.

TAFE is a major tractor company in India that was founded in Chennai in 1960 and has an annual revenue of Rs 10,000 crore. Mallika Srinivasan is the managing director and chairman of the company. She is a member of the AGCO Corporation - USA board as well. She is among the nation's most prosperous businesswomen.

Mallika Srinivasan: Biography, Schooling, and Profession

Srinivasan, the eldest daughter of A Sivasailam, the chairman of the Rs 2500-crore Amalgamations Group, was born on November 19, 1959. She not only had a successful business career but also a distinguished academic career. After earning a gold medal in econometrics from the University of Madras, Srinivasan continued her education with an MBA from the prestigious Wharton School of Business at the University of Pennsylvania, where she is currently ranked among the top 125 alumni.

When she joined the family business in 1986, Tafe had a meagre Rs 85 crore in revenue. She was General Manager there. Under the direction of her father, Srinivasan and her group turned Tafe into a tech-focused business that farmers now choose. Srinivasan assumed leadership of TAFE in 1999.

With an annual revenue of Rs 10,000 crore, Tafe has grown to be the second-largest tractor manufacturer in India and the third-largest tractor manufacturer globally under the capable direction of Srinivasan. Every year, TAFE sells more than 180,000 tractors both domestically and abroad.

In addition, she serves as Chair of the Public Enterprises Selection Board (PESB), which is a division of the Ministry of Personnel, Public Grievances and Pension's Department of Personnel & Training. She serves on the global board of the U.S.-India Business Council (USIBC) and the board of the Alliance for a Green Revolution in Africa (AGRA). She is a founding member of the India-US CEO Forum as well as the BRICS Women's Business Alliance (BRICS WBA). She also serves as a member of Stella Maris College's Chennai governing body.

Net Worth of Mallika Srinivasan

On the list of the 100 richest people in India in 2023, Mallika Srinivasan came in at number 83 with a net worth of $2.84 billion (or Rs 23,625.96 crore in Indian rupees). TAFE-Tractors and Farm Equipment Limited's chairman and managing director, with a net worth of $3.4 billion (about Rs 27,459.76 crore in Indian rupees), was ranked 59th in 2022.

Mallika Srinivasan's Career Highlights

Mallika Srinivasan received the ETPrime Women Leadership Awards 2020's Business Woman of the Year Award in October 2020. She received the Outstanding Woman Entrepreneur Award at The Economic Times Family Business Awards in 2018 and was listed on Fortune India's list of the Most Powerful Women in Business in both 2019 and 2018. In October 2012, Hindustan University of Technology & Science awarded her a Doctor of Letters (Honoris Causa), and in September 2017, the Tamil Nadu Agricultural University (TNAU) awarded her an Honorary Doctorate of Science (Honoris Causa) in recognition of her contributions to academia, the machinery industry, and global agriculture.

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