A. Sivasailam
A. Sivasailam | |
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| Website | Website of Amalgamations Group |
Anantharamakrishnan Sivasailam (24 August 1934 – 12 January 2011) was an Indian industrialist, educationist, philanthropist and a former chairman and managing director of Amalgamations Group of Industries, a ₹ 70 billion conglomerate hosting a workforce of over 12,000 (as of 2011).
Biography
Sivasailam was born on 24 August 1934, at Alwarkurichi in Tirunelveli district, which is now the south Indian state of Tamil Nadu, to S. Anantharamakrishnan, the founder of Amalgamations Group, as the elder of his two sons.[4] He graduated in commerce from Loyola College, Chennai, of the University of Madras and started his career as an accountant at a chartered accountancy firm in London where he worked for four years.[6] In 1957, he joined his father in their family business as a comptroller and treasurer and took over Tractors and Farm Equipment Limited (TAFE), an industrial venture started by the group in 1960,[7] as its general manager, in 1961.[8] He continued heading TAFE for 7 years and subsequent to his father's death in 1964, he took over the leadership of the group's business and became the chairman of the group officially in 1968, with his brother, A. Krishnamurthy, as its vice chairman.[9] He held the position till his death in 2011 and the group grew during this period from a ₹ 350 million business to ₹ 70 billion conglomerate, composed of 48 subsidiaries and 12,000 strong workforce.[1] The Tractors and Farm Equipment Limited, the flagship company of the group, has since become the largest exporter and the second largest manufacturer of agricultural tractors in India,[6] with an annual output of 100,000 tractors and a turnover of US$1.6 billion.[8]
Sivasailam, a former president of the
Sivasailam, died on 12 January 2011 at
See also
References
- ^ a b c d e "Industrialist A. Sivasailam passes away". The Hindu. 12 January 2012. Retrieved 14 January 2016.
- ^ "Amalgamations family". Forbes. 2015. Retrieved 14 January 2016.
- ^ a b "Society of Indian Automobile Manufacturers President". Society of Indian Automobile Manufacturers. 2016. Retrieved 14 January 2016.
- ^ a b c d "Sivasailam – gentle, yet forceful". Business Line. 12 January 2011. Retrieved 14 January 2016.
- ^ a b "Padma Awards" (PDF). Ministry of Home Affairs, Government of India. 2016. Archived from the original (PDF) on 15 October 2015. Retrieved 3 January 2016.
- ^ a b "He oversaw Amalgamations Group's rise to a Rs 7k-cr giant". Business Standard. 12 January 2011. Retrieved 14 January 2016.
- ^ "History". TAFE. 2016. Archived from the original on 17 January 2016. Retrieved 14 January 2016.
- ^ a b c "History in Making". Slide Share. 2016. Retrieved 14 January 2016.
- ^ "Tributes paid to Anantharamakrishnan". The Hindu. 12 November 2005. Archived from the original on 12 April 2006. Retrieved 14 January 2016.
- ^ "Amalgamations group chief Sivasailam passes away". Deccan Herald. 12 January 2011. Retrieved 14 January 2016.
- ^ "Indira Sivasailam passes away". Business Line. 24 December 2008. Retrieved 14 January 2016.
- ^ "Amalgamations Group's succession planning focus on theme 'unity': Mallika Srinivasan". Economic Times. 8 November 2011. Retrieved 14 January 2016.
- ^ "Next gen of Chennai-based family biz groups sits pretty at helm". The Financial Express. 6 March 2013. Retrieved 14 January 2016.