Ms. Mallika Srinivasan, Chairman & CEO of TAFE Group was conferred the Padma Shri by the Government of India for her contribution to Trade & Industry.
Ms. Mallika Srinivasan received the award from President Mr. Pranab Mukherjee at a glittering function held at the Rashtrapati Bhavan.
On receiving the award Ms. Srinivasan said, “I am deeply honored on being recognized with the Padma Shri award by the Government of India. I would like to acknowledge the efforts of the TAFE team, both past and present, for raising TAFE to its current status, transitioning from a domestic company to a conglomerate centered around human values, and acclaimed for its mass manufacturing capability.”
“I believe that Indian enterprise and engineering has evolved to attain international levels of competence, and all that remains for us is to invest in processes and relevant technology to offer products for global markets. I would also like to thank my family for their support,” she added.
Under Mallika Srinivasan’s stewardship, TAFE emerged as one of the world’s top three tractor manufacturers (by volumes) and India’s largest exporter of tractors. A renowned name for her contribution of Indian industry and academia, she is recognized for her commitment to excellence in operations, redefining the farm machinery business and for transforming the landscape of Indian agriculture by leveraging TAFE’s competencies to deliver products of high quality and relevance with an inherent customer focus.
Ms. Srinivasan initiated steps to tap global markets to balance the swings in demand in a cyclical industry. She significantly contributed to developing new products of TAFE to meet emerging customer demands for tractors and agriculture machinery, and exponential growth of TAFE’s exports. TAFE’s products are now sold in over 75 countries spanning South Asia, Eastern Europe, Africa and North America, resonating with its corporate vision of ‘cultivating the world.’
With a proven track record of propelling TAFE from an Indian tractor company to a global player on an exponential growth trajectory, Mallika Srinivasan has consistently focused on ensuring inclusive growth of TAFE’s stakeholder communities across the world.