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Mallika Srinivasan, Chairman – Tractors and Farm Equipment (TAFE), has been appointed to the Global Board of the US Chamber of Commerce’s US-India Business Council (USIBC). This appointment takes immediate effect as she joins a prestigious list of CEOs and executives on USIBC’s 35-member board.
On her induction to the board of USIBC, Mallika Srinivasan said, “USIBC has been the premier voice of the industry, forging strong connections between businesses and governments in India and USA. Fostering strong and inclusive growth in trade and investment relations between both the countries, USIBC has been a key catalyst of positive bilateral engagement and transformative reforms.”
“With TAFE’s demonstrated belief in the benefits of a stronger economic cooperation between American and Indian corporates and our focus on farm mechanisation and agricultural development, I look forward to the opportunity of engaging effectively in USIBC’s initiatives towards a continuously strengthening eco-system that promotes stronger economic partnership between India and the US.”
Mallika Srinivasan, is additionally on the boards of the AGCO Corporation - USA, TATA Steel and TATA Global Beverages. She is a member of the Executive Board of the Indian School of Business, Hyderabad, the Governing Boards of the Indian Institute of Technology, Chennai, and Bharathidasan Institute of Management, Trichy.
Shekar Ayyar from VMware, Rajan Navani from Jetline Group of Companies and David Taghioff from Library Pictures International have also been appointed to the Global board of USIBC along with Mallika Srinivasan.
Formed in 1975 at the request of the US and Indian governments, the US-India Business Council (USIBC) represents top global companies operating across the United States and India. USIBC serves as the premier voice of industry, creating connections between businesses and governments in both countries. The Council works with members to identify, advance and advocate key policy priorities. Through its work, USIBC supports strong and inclusive growth in trade and investment relations between India and the United States.
TAFE is the world’s third largest tractor manufacturer and second largest in India by volumes with an annual sale of over 150,000 tractors, TAFE is one of the leading exporters of tractors from India with a turnover in excess of Rs 93,000 crore. TAFE manufactures a range of tractors in both the air-cooled and water-cooled platforms and markets them under its four brands - Massey Ferguson, TAFE, Eicher, and the recently acquired Serbian tractor and agricultural equipment brand - IndustrijaMašinaiTraktora (IMT). Acclaimed for its quality and dependability, TAFE’s products and services are present in over 100 countries across the world, including developed countries in Europe and the Americas.