Amalgamations Group family
Amalgamations Group family
Mallika Srinivasan, Chairman & CEO,TAFE, Photo: The Hindu
At a Glance
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AgeNA
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Earnings$ 2.45 Billion
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Source of earningsTractors
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Marital StatusNA
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ChildrenNA
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ResidenceChennai
Forbes India Lists
#37 India Rich List 2015
#47 India Rich List Rank 2014
Profile
Sprawling clan behind the storied 77-year-old Amalgamations Group, chaired by late founder's son A. Krishnamoorthy, saw its wealth rise despite a tepid market for tractors, the group's biggest business. Its privately held Tractors & Farm Equipment (TAFE ), India's second-largest tractormaker, has a joint venture with U.S.-based AGCO and is run by Wharton-educated Mallika Srinivasan, a member of the third generation, who also sits on AGCO 's board. Srinivasan disputes our net worth estimate.
