Mallika Srinivasan Biography: Mallika Srinivasan is an Indian female business magnate well-known for her corporate acumen. She is an exemplary woman who exemplifies how Indian women can reach new heights in any field. Mallika Srinivasan is the Chairperson and CEO of Tractors and Farm Equipments Ltd (TAFE), which is based in Chennai. Her father, Mr. A. Sivasalilam, founded this firm. Mallika Srinivasan took over her father’s business and pushed it to new heights. She demonstrated her competence not only by adding millions to her financial worth but also by winning several little and large purchases.
Girls and women are generally thought to have less understanding of technology and vehicles. Yet in a country like India, which gained independence only seven to eight decades ago, females’ education was not prioritized for many years. Mallika Srinivasan is a name that defies all of these preconceptions and misconceptions. For many years, she has been defying preconceptions and demonstrating that a woman is capable of doing everything macho and manly.
Mallika Srinivasan is a businesswoman, a wife, and a mother. Her unwavering commitment to her profession has earned her a name, fame, fortune, and a comfortable existence. Her life has been full of ups and downs, which is typical of the life of an entrepreneur. She possesses excellent abilities that have aided her in scaling new career ladders. She has never looked back since entering the business world and has been a severe competitor to her colleagues.
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Mallika Srinivasan Birth
Born on November 19, 1959, in Alwarkurichi, Tamil Nadu, South India, Mallika Srinivasan came into this world. She was the family’s eldest child and a brilliant student. She became fascinated with commercial transactions. Her father knew from the start that his daughter would undoubtedly become a great business eventually.
Mallika Srinivasan’s academic achievements
Mallika Srinivasan finished basic school in Tamil Nadu, India. She earned a bachelor’s degree in mathematics from Tamilnadu’s Women’s Christian College. She graduated from the University of Madras with a gold medal in Econometrics.
She later attended the Wharton School of Management at the University of Pennsylvania in the United States, where she was named one of the school’s top 125 successful graduates.
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Mallika Srinivasan’s TAFE job experience
Mallika Srinivasan joined TAFE in 1986 as General Manager. She helped this firm reach new heights and achievements. TAFE is now the world’s third-largest tractor producer and India’s second-largest by manufacturing volume. There were ups and downs during her time at TAFE, but this lady has a tenacious personality. As a result, TAFE recovered and now has a net value of INR 95 billion. The yearly sales of TAFE tractors exceed 150000 units.
Under the guidance of Mallika Srinivasan, TAFE is no longer limited to mechanical equipment. In addition to tractors, the firm sells hydraulic pumps, diesel engines, gears, transmission components, and other farm machinery. TAFE also has a car franchise and plantations. The company’s goal is to become a farmer’s first choice for all agricultural and production needs.
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Mallika Srinivasan Business Purchase
Mallika Srinivasan also demonstrated her mettle when she intended to incorporate Eicher Motors with TAFE in 2005. With the acquisition of Eicher Motors, she defied all expectations that a woman could not be interested in the mechanical and motor industries. Her acquisition prompted many worries about her daring move, but she proved them all incorrect. She has demonstrated her intelligence at every stage of her career, from General Manager to Chairperson and CEO.
The company’s most recent acquisition is the well-known Serbian tractor and agricultural equipment business, Industrija Masina I Traktora, and it plans to spend on research and development to bring new goods to market.
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Mallika Srinivasan’s additional projects other than TAFE
She serves on the boards of AGCO Corporation in the United States, TATA Steel, and TATA Beverages.
She serves on the Executive Board of the Indian School of Commerce in Hyderabad and on the board committee of IIT Chennai.