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Mallika Srinivasan, 58

Chairman and CEO, Tractors and Farm Equipment (TAFE)

Previous Rank : 8

Chennai-based Tractors and Farm Equipment, with Mallika Srinivasan at the helm as chairman and CEO, is the world’s third largest tractor manufacturer by volumes. Under her leadership, it has become a lean and resilient organisation that can withstand the cyclicality of the tractor business. The company has not only diversified into associated businesses like farm machinery, diesel engines, batteries, and plastic gears, but has also made acquisitions along the way. Her latest acquisition is the renowned Serbian tractor and agriculture equipment brand, Industrija Masina i Traktora, which will play a key role in the company’s strategic and growth plans.