CHENNAI: A New Chapter for TAFE

In a significant move that marks the transition to the next generation, Lakshmi Venu, the daughter of TAFE's CMD Mallika Srinivasan and TVS Motor chairman emeritus Venu Srinivasan, has been appointed as the vice-chairperson of Tractors and Farm Equipment (TAFE). This appointment underscores the family's commitment to nurturing leadership within the organization and steering it towards future growth.

Leadership and Vision

Mallika Srinivasan, CMD of TAFE, expressed her confidence in Lakshmi's leadership style, emphasizing her focus on building for the future and leveraging TAFE's collaborative, value-based approach towards achieving the company's vision of 'Cultivating the World'. Lakshmi's role at TAFE, coupled with her position as MD at TVS group company Sundaram-Clayton, highlights the seamless integration of leadership across the family's business interests.

Family Legacy and Future Directions

P B Sampath, director at TAFE, highlighted Lakshmi Venu's rich legacy of inherited values from the founder's family, anticipating her contribution to infuse an enriching dynamism into TAFE's future endeavors. Lakshmi's appointment is a testament to the family's strategic planning, ensuring the alignment of ownership and management within the TVS Holdings and TAFE, as evidenced by the recent MoU to avoid competition among family members.

Looking Ahead

Responding to her new role, Lakshmi Venu expressed her enthusiasm for working closely with the board and teams at TAFE and Eicher tractors. Her focus is on strengthening the organization and driving continued success to achieve strategic goals, signaling a promising future for TAFE under her leadership.