Dr. Lakshmi Venu, Director of TAFE – Tractors and Farm Equipment Limited, has been appointed as the Vice Chairman of the company. A key figure in the farm mechanization and auto component sectors, Dr. Lakshmi has been recognized for her leadership and strategic contributions to TAFE’s growth. Mallika Srinivasan, Chairman & MD of TAFE, praised Dr. Lakshmi’s impactful role in the organization, stating, “Dr. Lakshmi has been instrumental in driving TAFE’s vision of ‘Cultivating the World.’ The Board is pleased to appoint her as Vice Chairman, acknowledging her commitment to innovation and excellence.”
Dr. Lakshmi brings extensive expertise in balancing operational efficiency and market engagement. P B Sampath, Director at TAFE, highlighted her strong business acumen, while Sandeep Sinha, CEO, emphasized her deep market understanding and focus on new technologies. Acknowledging her new role, Dr. Lakshmi expressed gratitude to the Board and reaffirmed her commitment to strengthening TAFE and Eicher Tractors. She has received multiple accolades, including Business Today’s “Most Powerful Women in Business” in 2023.
Kolkata is expected to benefit from Dr. Lakshmi’s leadership. TAFE’s tractors, particularly the Massey Ferguson and Eicher brands, are widely used by farmers in West Bengal, ensuring efficiency in farm operations. The company’s strong dealer network in the region will likely see further expansion and innovation under her leadership. Founded in 1960, TAFE is India’s second-largest tractor manufacturer and exports to over 80 countries. The company continues to strengthen its global presence, with Dr. Lakshmi’s appointment marking a new phase of growth and technological advancement.