Mallika Srinivasan (born 19 November 1959) is an Indian industrialist and is the chairman and managing director of

Tractors and Farm Equipment Limited Tractors and Farm Equipment Limited (TAFE) is an Indian agricultural machinery manufacturer based in Chennai, India. TAFE is one of the largest tractor manufacturer in the world and the second largest in India by volume. Description TAFE – ...

, a tractor major incorporated in 1960 at

Chennai Chennai, also known as Madras (List of renamed places in India#Tamil Nadu, its official name until 1996), is the capital city, capital and List of cities in Tamil Nadu by population, largest city of Tamil Nadu, the southernmost states and ...

, India. She served as

Chairperson The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by ...

of the Public Enterprises Selection Board (PESB) constituted by the

Government of India The Government of India (ISO 15919, ISO: Bhārata Sarakāra, legally the Union Government or Union of India or the Central Government) is the national authority of the Republic of India, located in South Asia, consisting of States and union t ...

from 1 April 2021 and served there till 18 November 2025. She is additionally on the Global Board of U.S.-India Business Council (USIBC), and the Boards of

AGCO Corporation AGCO Corporation is an American agricultural machinery manufacturer headquartered in Duluth, Georgia, United States. It was founded in 1990. AGCO designs, produces and sells tractors, combines, foragers, hay tools, self-propelled sprayers, sma ...

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. She is a core member of the

BRICS BRICS is an intergovernmental organization comprising ten countriesBrazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates. The idea of a BRICS-like group can be traced back to Russian foreign ...

Women's Business Alliance (BRICS WBA) and a member of India-US CEO Forum. She is also the member on the Governing Body of Stella Maris College - Chennai.

Education

She earned her degree in mathematics from the Women's Christian College and later was a university gold-medalist in Econometrics from the

University of Madras The University of Madras is a public university, public State university (India), state university in Chennai (Madras), Tamil Nadu, India. Established in 1857, it is one of the oldest and most prominent universities in India, incorporated by an ...

, she graduated as a member of the Dean's Honor List, and the

Alpha Beta Gamma Alpha Beta Gamma () is an international business honor society established in 1970 in Manchester, Connecticut. It recognizes scholarship among students in business curricula at two-year community and technical colleges. History Alpha Beta Gamm ...

Society, from the

Wharton School of Business The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...

University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...

, and was ranked as one of its top 125 most successful alumni.

Career

Mallika Srinivasan established TAFE as a mass manufacturer of tractors. She led the company's growth to its present status with revenues in excess of Rs. 10,000 Crores with diverse interests in tractors,

farm machinery Agricultural machinery relates to the machine (mechanical), mechanical structures and devices used in farming or other agriculture. There are list of agricultural machinery, many types of such equipment, from hand tools and power tools to tractor ...

, diesel engines, generators, engineering plastics, hydraulic pumps and cylinders, automobile franchises and

plantations Plantations are farms specializing in cash crops, usually mainly planting a single crop, with perhaps ancillary areas for vegetables for eating and so on. Plantations, centered on a plantation house, grow crops including cotton, cannabis, tobacco ...

. She led a variety of industry bodies such as the Tractor Manufacturers' Association of India, the Madras Chamber of Commerce and has held various positions in industry bodies such as the

Confederation of Indian Industry The Confederation of Indian Industry (CII) is a Non-governmental organization, non-governmental business and industry organisation and advocacy group headquartered in New Delhi, India, founded in 1895. CII is a membership-based organisation. ...

and the

Indian Institute of Foreign Trade The Indian Institute of Foreign Trade (IIFT) is a public business school headquartered in New Delhi, Delhi, India. It has been proposed to be declared as an Institute of National Importance by the Government of India. Established in 1963, it ...

Philanthropy

She supports organizations such as the

Sankara Nethralaya Sankara Nethralaya is a non-profit missionary institution for ophthalmic care headquartered in Chennai, India. Sankara Nethralaya was rated among the top four ophthalmic institutions worldwide in 2020 by Newsweek. Nani A. Palkivala, former ...

(a leading eye care organization), the Cancer Hospital in Chennai, and a number of educational and healthcare facilities in

Alwarkurichi Alwarkurichi is a panchayat town in Tenkasi district in the state of Tamil Nadu, India. Location Alwarkurichi is a small town 35 km or 45 Min travel from west of Tirunelveli town and 25 km from Tenkasi town. Located near western ...

Tirunelveli Tirunelveli (), also known as Nellai and historically (during British rule) as Tinnevelly, is a major city in the Indian state of Tamil Nadu. It is the administrative headquarters of the Tirunelveli District. It is the fourth-largest munici ...

district in

South India South India, also known as Southern India or Peninsular India, is the southern part of the Deccan Peninsula in India encompassing the states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana as well as the union territories of ...

. She is also a generous patron of the arts through her involvement in the promotion and support of

Carnatic music Carnatic music (known as or in the Dravidian languages) is a system of music commonly associated with South India, including the modern Indian states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, Telangana and southern Odisha. It is o ...

through the Indira Sivasailam Foundation.

Awards and accolades

Srinivasan has received a number of accolades and awards. In 2011, she was voted Entrepreneur of the Year by

Ernst and Young EY, previously known as Ernst & Young, is a multinational professional services network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms. The EY network is composed of member firms ...

; awarded the Woman Leader of the Year award by ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

India''; and recognized by ''

Forbes Asia ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The c ...

'' as one of the Top 50 Asian Power Businesswomen. As per Forbes list of India’s 100 richest tycoons, dated 9 October 2024, Amalgamations family is ranked 64th with a net worth of $5 Billion. She was named among the six Most Powerful Women of India Inc. by '' Business Today'', while the Asian Business Leadership Forum (ABLF) honored her with the ABLF Woman of Power Award.

NDTV Profit NDTV Profit is an Indian business and financial news television channel by NDTV. In mid-2020, NDTV re-launched NDTV Profit with live market news, which caused the shutdown of NDTV Prime. It has many journalists covering the Bombay Stock Exch ...

, India's leading business television channel, accorded her the honor of Business Thought Leader of the Year 2012 Award, at the NDTV Profit Business Leadership Awards. In 2018, she was ranked fifth among India's Most Powerful Women in Business by ''

Fortune India ''Fortune'' (stylized in all caps) is an American global business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, a global business media company. The publication was founded by Henry Luce in 1929. The ...

''. In 2020, she was awarded "Businesswoman of the year" at ET Prime Women Leadership Awards 2020.

Organisations and affiliations

References

{{DEFAULTSORT:Srinivasan, Mallika 1959 births Indian women chief executives Indian chief executives Indian women philanthropists Indian philanthropists Living people Wharton School alumni Businesspeople from Chennai Automotive industry in India People in the automobile industry Recipients of the Padma Shri in trade and industry 20th-century Indian businesspeople People named in the Panama Papers 21st-century Indian businesspeople Businesswomen from Tamil Nadu 20th-century Indian businesswomen 21st-century Indian businesswomen Women's Christian College, Chennai alumni TVS Group TVS family