MOSTPOWERFUL WOMEN

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6
Prev Rank: 5

Mallika Srinivasan, 59

Chairman and CEO, Tractors and Farm Equipment (TAFE)

Previous Rank : 5

Srinivasan has her hands full—her plants are running at full capacity, she has kicked off expansion at two factories and laid down the blueprint to upgrade her products to meet new emission norms. The increased budgetary allocations for the agriculture sector by the centre and the states have worked well for TAFE. On the back of renewed higher agricultural demand, Srinivasan expects the industry will clock a CAGR of 7% for the next five years and total demand will cross a million tractors in 2020. Over the years, Srinivasan has also been instrumental in raising TAFE’s stake to 15% in the $9-billion U.S.- based AGCO Corporation, in which it is now the largest shareholder

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