The recent updates on what happened to Mallika Srinivasan are discussed below. Here is everything to know about her net worth.
Mallika Srinivasan is the Chairman and Managing Director of Tractors and Farm Equipment Limited, a tractor manufacturer founded in 1960 in Chennai, India.
She also serves on the Global Board of the United States-India Business Council (USIBC), as well as the Boards of AGCO Corporation and Tata Steel Limited.
She is on the Governing Board of the Indian Institute of Technology (IIT) Chennai and the Executive Board of the Indian School of Business in Hyderabad.
What Happened To Mallika Srinivasan?
Mallika Srinivasan is now chosen as the new chairman of Chennai-based Tractors and Farm Equipment Limited (Tafe) and TAFE Motors and Tractors Limited.
This comes after the death of A Sivasailam, the company’s chairman and managing director. In both companies, Mallika Srinivasan held the position of vice-chairperson.
Smt Mallika Srinivasan, Chairperson of the Public Enterprises Selection Board (PESB) and CMD of Tractors and Farm Equipment Limited (TAFE), calls on Smt @nsitharaman pic.twitter.com/xWYrIuPk3x
— NSitharamanOffice (@nsitharamanoffc) April 13, 2021
With immediate effect, Mallika has been unanimously elected chairwoman of Tractors and Farm Equipment Limited and TAFE Motors and Tractors Limited.
According to corporate sources, she will continue to do her current duties as chief executive of the two companies in addition to her responsibilities as chairman.
Mallika Srinivasan Husband And Children
Mallika Srinivasan is a married woman and she also has children with her husband.
The name of her husband is Venu Srinivasan. They were married in 1982 and are still together as of now and have a happy family with two children.
The TVS Group, which includes the Sundaram-Clayton Group and its subsidiary TVS Motor Company, India’s third-largest two-wheeler manufacturer, is chaired by Venu Srinivasan.
They have a son named Sudarshan Venu and a daughter named Lakshmi Venu. Their daughter is the joint managing director in Sundaram Clayton.
Mallika Srinivasan Net Worth In 2022
Mallika Srinivasan has an estimated net worth of $2.89 billion (nearly ₹ 2.16 lakh crore).
Mallika is from the Amalgamations Family as well as she is also regarded as the owner of Tractors and Farm Equipment Limited (TAFE). So, she is one of the richest people in India.
Moreover, she is listed as the 73rd richest person from India according to a verified source. She is a wealthy woman and is still earning through her business.
Where Is Mallika Srinivasan Now?
Mallika Srinivasan has served as the president of a number of trade organizations, including the Tractor Manufacturers’ Association of India and the Madras Chamber of Commerce.
The first step in dismantling Indian bureaucracy. Mallika Srinivasan is appointed chairperson, PSEB. pic.twitter.com/kogTGC3sdK
— RadhakrishnanRK (@RKRadhakrishn) April 1, 2021
She has also been a great supporter of the arts through her commitment to the promotion and support of Carnatic music, one of India’s most important musical traditions.
She has a strong desire to see India’s education and healthcare systems grow, and she has played a key role in assisting organizations in this regard.
At the ET Prime Women Leadership Awards 2020, she was named “Businesswoman of the Year.”