Lakshmi Venu

Industrialist

Indian Chennai, Tamil Nadu, India

Quick Info

ProfessionIndustrialist
NationalityIndian
Date of Birth1983
BirthplaceChennai, Tamil Nadu, India

Latest News about Lakshmi Venu

31/03/2026

Lakshmi Venu raised a governance concern at Sundaram-Clayton, which led to a sharp boardroom confrontation with her father, Venu Srinivasan, on 31 March 2026. Reports describe the clash as having reversed a four-year succession plan that had envisaged her leading Sundaram-Clayton and eventually TAFE.

17/03/2025

TAFE appointed Lakshmi Venu as its Vice Chairman, recognising her contribution as a board member and her role in its Massey Ferguson and Eicher tractor businesses. She also continues to serve as Managing Director of Sundaram-Clayton, and the move was part of a wider clarification of family succession across the TVS and TAFE businesses.

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Bio/Wiki

SummaryIndian businesswoman and managing director of Sundaram-Clayton, and Vice Chairman of TAFE (Tractors and Farm Equipment Limited). She is an heir to the Chennai-based TVS Group.

Educational Qualification(s)

SchoolSishya School, Adyar, Chennai
UndergraduateEconomics, Yale University
DoctorateEngineering Management, University of Warwick

Personal Life

ResidenceChennai, Tamil Nadu, India

Relationships & More

Spouses

Family

FatherVenu Srinivasan
MotherMallika Srinivasan
SiblingsSudarshan Venu
RelativesTVS family; great-grandfather T. V. Sivasailam established the TVS Group

Career

Current Roles
  • Managing Director, Sundaram-Clayton Limited
  • Vice Chairman, TAFE (Tractors and Farm Equipment Limited)
  • Non-executive director, TVS Motor Company
Past Roles
  • Joint Managing Director, Sundaram-Clayton (appointed at a young age)
  • Director, TAFE Motors and Tractors Limited
  • Whole Time Director, TVS Holdings
Board MembershipsWabco India Limited
Other NotesStepped down from the TAFE board in August 2024 without seeking reappointment, citing responsibilities at TAFE and Sundaram-Clayton.

Some Lesser Known Facts

1. Described as a fifth-generation businesswoman.
2. Involved in business strategy, corporate affairs, product design, and sales and marketing at TVS.
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