Mallika Srinivasan Biography, Details, Net Worth, and Awards

Mallika Srinivasan is an Indian female business tycoon who is famous for her acumen in the corporate industry. She is an ideal woman that represents that Indian women can give new heights to every arena. Mallika Srinivasan is the Chairperson and CEO of Tractors and Farms Equipments Limited (TAFE), Chennai. This company was established by her father, Mr. A. Sivasalilam. Mallika Srinivasan took the rein of her father’s business in her hands and achieved new milestones. She proved her acumen not only by adding extra millions to the net worth but many small and big acquisitions won by her have been phenomenal.

Usually, girls and women are considered to have less knowledge about technology and automobiles. And in a country like India, which has got independence only before seven to eight decades, girls’ education had not been paramount for many years. Mallika Srinivasan is a name contrary to all these myths and delusions. She has been breaking stereotypes for many years and proving herself that a woman is capable of doing all macho and masculine things.

Mallika Srinivasan is a wife, a mother, and a business tycoon. Her sheer dedication towards work has won her name, fame, wealth, and a settled life. Her life has been full of ups and downs, but these are very common in the life of an entrepreneur. She has exceptional qualities that helped her climbing new ladders in her carrier span. Ever since she has stepped into the corporate world, she never looked back and has been giving tough competition to her counterparts.

Birth of Mallika Srinivasan

Mallika Srinivasan was born on November 19, 1959, at Alwarkurichi, a small town in Tamilnadu, Southern India. She was the eldest child in the family and was a very bright student. She developed a keen interest in business deeds. Her father understood it from the beginning that his daughter would certainly become a successful entrepreneur someday.

Academics of Mallika Srinivasan

Mallika Srinivasan completed her primary education in Tamilnadu, India.

She pursued her bachelor degree in Mathematics from the Women’s Christian College, Tamilnadu, India. Here, she became a gold medalist in Econometrics from the University of Madras.

Later, she joined Wharton School of Business, University of Pennsylvania, United States and was ranked one of its top 125 successful alumni.

Mallika Srinivasan’s work experience with TAFE ( Tractor and Farming Equipments)

Mallika Srinivasan joined TAFE as a General Manager in 1986. She gave new heights and milestones to this company. Today TAFE is the third largest tractor manufacturer in the world and second largest in India by production volumes. There were ups and downs during her working span with TAFE; however, this lady has resilient character traits. Thus TAFE bounced back and today it has a net worth of INR 95 billion. The annual sale of TAFE is more than 150000 tractors a year.

Under the direction of Mallika Srinivasan, today TAFE is not confined to only mechanical equipment. Apart from tractors, the company also deals in hydraulic pumps, diesel engines, gears, transmission components, and other farming equipment. TAFE is also dabbling in vehicle franchise and plantations. The aim of the company is to become a farmer’s first choice for everything required in agriculture and cultivation.

Mallika Srinivasan Business Aquisition

Mallika Srinivasan also proved her mettle when in 2005 she planned to assimilate Eicher Motors in TAFE. With the acquisition of Eicher Motors, she broke all stereotypes that a woman cannot have an interest in hardcore mechanical and automobiles industry. This acquisition raised many questions on her bold decision, but she proved all of them wrong. From mere a General Manager to now Chairperson and CEO, she has proved her intellect on every step.

The latest acquisition is the famous Serbian tractor and agriculture equipment brand, Industrija Masina i Traktora, the company is looking forward to investing in research and development to come with new products in the market.

Mallika Srinivasan’s other initiatives apart from TAFE

• • She is a board member of AGCO corporation- the United States and TATA steel and TATA beverages.

• • She is a member of the Executive Board of the Indian School of Business, Hyderabad and also plays a vital role in the board committee of IIT Chennai.

Mallika Srinivasan’s Awards

Mallika Srinivasan has received a lot of appreciation and many awards in the corporate world. The Padam Shri winner is famous for her decision-making skills and abilities of management. Here we have compiled the list of her awards:

The family of Mallika Srinivasan

She is married to the Chairman of TVS motors Limited, Mr. Venu Srinivasan and has two children. Her daughter, Lakshmi Venu, was married to Rohan Murthy (Son of Mr. Narayan Murthy). After some time, she applied for divorce and now happily married to Mr. Mahesh Gogineni (grandson of N. G. Ranga). Mallika Srinivasan’s son, Mr. Sudarshan Venu, has been working as a joint MD at TVS Motors Limited. Mallika Srinivasan’s family revolves around the corporate world. She must have inculcated business management skills in her children.

Mallika Srinivasan’s Contribution to Society

She is also a philanthropist and believes in paying back to society. She has done much charity work for the needy and supports many cancer hospitals and gives financial aid to them. One of them is Sankara Nethralaya in Chennai. Mallika Srinivasan also has a keen interest in music. She has been reinforcing traditional Carnatic music at the Indira Sivasailam Endowment Fund.

Mallika Srinivasan’s biography is indeed a case study for management students. Her management skills have proved that women possess such intellect that can build an empire. Mallika Srinivasan is an epitome of simplicity and wisdom and at the same time, she has proved her fierce side by taking over many companies in the business arena.

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