NEWS
Updates from across sectors, including launches, initiatives, awards and recognition.

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MLU'S FINANCE ACADEMY PROJECT EVALUATION PROGRAMME HELD AT MRV

Mahindra Leadership University's Finance Academy initiated a programme, 'Project Evaluation', created for Mahindra Research Valley (MRV) scientists, on January 27, 2016. V. S. Parthasarathy, Group CFO, CIO & President (Group Finance and M&A) and Member, Group Executive Board, M&M, inaugurated the event. He stressed on the synergies from partnerships between businesses, R&D and F&A teams. This effort, according to him, is vital for institutional benefit and the emergence of Mahindra as a Global Leader. Over 200 MRV scientists attended the event.



IR COUNCIL MEET DELIBERATES ON COMPLIANCE

M&M's Investor Relations (IR) Council met on March 31, 2016, to ensure wider adaptability of the IR function in a changing

regulatory environment as well as investor needs. IR heads from leading Indian companies like TCS, HDFC, Aditya Birla Group, GMR and L&T attended the meeting. The participants discussed topics related to Expectation Management (EM) and new IR compliance norms.


MLU'S FINANCE ACADEMY LAUNCHES WEBCASTS ON CURRENT AFFAIRS


'Experts Live Series', a live webcast across the Group was launched on March 2, 2016. V. S. Parthasarathy, Group CFO, CIO and President (Group Finance and M&A), and Member, Group Executive Board, M&M, moderated a panel discussion on the Union Budget 2016-17 alongside three industry experts.


The Directors Familiarisation Programme in collaboration with Corporate Secretarial Department, was launched on March 15, 2016 that was attended by the Group's Independent and Employee Directors. The programme is oriented towards emerging challenges in effective Corporate Governance roles & responsibilities and Rights of the Board of Directors and Committees.

MAHINDRA LEADERSHIP UNIVERSITY LAUNCHES TECHNOLOGY-ENABLED CLASSROOM

'Atmadarshan', a modern, technology-enabled classroom, was inaugurated at the Mahindra Leadership University (MLU), Nashik, on January 28, 2016. Rajeev Dubey, Group President, HR & Corporate Services, and CEO, Aftermarket Sector, and Ramesh Iyer, Managing Director, Mahindra & Mahindra Financial Services, and

President, Financial Services Sector inaugurated the classroom. Iyer conducted the first session, of the HR strategy workshop, beamed live across seven locations. The classroom offers an immersive and seamless learning environment enabled with state-of-the-art AV systems, motion sensing camera, ceiling microphones and acoustic design.


MLU'S HR ACADEMY CONVOCATION HELD

The HR Academy of the Mahindra Leadership University (MLU) held its Convocation at Mahindra Towers, Worli, on February 1, 2016 to felicitate participants who completed programme in 2015. 229 participants from various sectors across the Mahindra Group participated in programme such as the HR Unnati, Employee Relations Samvriddhi, Instructional Design and Individual Development Action Planning Workshops.


MAHINDRA REMEMBERS ALUMNI MEET, 2016

The 3rd annual gathering of 'Mahindra Remembers' was held on February 15, 2016. Stalwarts of yesteryears met at the Mahindra MITC auditorium in Kandivali. The event was attended by over 200 alumni who were welcomed by senior leaders and were treated to a display of recently launched Mahindra vehicles. Rajeev Dubey, Group President, HR & Corporate Services, and CEO, After market Sector, welcomed the alumni. This was followed by a walk-through of the genesis and journey of Mahindra Remembers by Dr. Prince Augustin, EVP, Group Human Capital and Leadership Development, M&M. There was also an interactive session between senior leaders and the alumni.


BHARAT DOSHI NOMINATED DIRECTOR ON RBI CENTRAL BOARD

Bharat Doshi stepped down from his position as Chairman and member of the Board of Mahindra & Mahindra Financial Services Limited (Mahindra Finance) on March 9, 2016 in order to avoid conflict of interest in view of his recent nomination as a Director of the Central Board of RBI. Doshi has

been associated with Mahindra Finance since its inception in 1991 and has played a key role in establishing, nurturing and growing the business. He was also the Executive Director and Group CFO of M&M from 1992 to 2013.

He will continue to be associated with the Mahindra Group as the Chairman of Mahindra Intertrade Limited and as a trustee of the K. C. Mahindra Education Trust & the Mahindra Foundation. He will also continue to be on the Board of Governors of the Mahindra United World College of India.




MAHINDRA RACING


A HAT-TRICK OF DOUBLE POINTS FINISHES

Mahindra Racing scored double points finishes in Buenos Aires, Mexico and Long Beach. Three continuous successful races so far, have consolidated Mahindra Racing's position to fifth on the team standing. Mahindra Racing also scored the best ever result in the Long Beach ePrix.

MAHINDRA RACING FAN DESIGNS FOR DELHI EPRIX

The New Delhi government has shown its support to a future Formula E race in India by extending a 'Letter of Intent' to Mahindra Racing. Fans submitted over 120 designs via social media for a potential Delhi ePrix circuit. The concepts have been submitted to the FIA Formula E Sporting Director for discussion, and a book of these designs will be published and presented to the New Delhi government.

ALL NEW MGP3O MOTORCYCLE UNVEILED


Mahindra Racing, the only Indian constructor in the MotoGPTM World Championship, unveiled an all-new MGP3O Moto3TM racing motorcycle at the New Delhi Auto Expo. The latest MGP3O is a significantly upgraded motorcycle in almost every area as Mahindra Racing aims to fight at the front of the highly-competitive Moto3TM World Championship in 2016. The new bike has been

developed at Mahindra Racing's European headquarters at Besozzo, Italy. Changes to the 2016-specification MGP3O have focused on improved power delivery and acceleration, top speed and further improvements to the Mahindra's highly-praised handling.


RIDERS CONTESTING THE MAHINDRA MGP3O

The new Mahindra MGP3O will be campaigned by factory entry Team Aspar with retained talented young riders Francesco 'Pecco' Bagnaia and Jorge Martin. Six more MGP3O machines will be seen running two-rider outfits, by

CIP-Unicom Starker team, the Platinum Bay Real Estate team, and 3570 Team Italia. An MGP3O-derived Peugeot racing motorcycle will be campaigned by the Peugeot MC Saxoprint team, with the experienced Frenchman Alexis Masbou and Briton John Mchpee.


BRILLIANT PODIUM DEBUT FOR ALL-NEW MAHINDRA

Aspar Mahindra rider Pecco Bagnaia finished third in the opening round of the 2016 Moto3™ World Championship in Qatar. The
19-year-old Italian fought every inch of the way in an eight-strong pack of the world's best riders, using the MGP3O's superb handling and his own intelligent tactics to be with the leaders as the chequered flag fell.



AUTOMOTIVE AND FARM SECTORS


MAHINDRA SHOWCASES ITS PROWESS AT THE 13TH AUTO EXPO 2016

M&M UNVEILS EXCITING RANGE OF TWO WHEELERS

M&M unveiled its global two wheeler and racing products at the 13th Auto Expo 2016 in February, 2016. The display included the all new MGP3O racing motorcycle for the 2016 season, the Indian showcasing of its electric two wheeler, GenZe 2.0, and a dekko into the exciting Mojo Tribe Riders Club.

Anand Mahindra, Chairman, Mahindra Group, said, "We are delighted that the new Mahindra Racing 2016 MGP3O motorcycle is making its global debut at the Auto Expo. This is the first all new product that has emerged from Mahindra Racing's development centre in Italy. It is also evidence of Mahindra's growing technical skill in the development of world-class, high performance racing machinery. We are also very proud to be bringing back the Peugeot Motocycles name to international racing. Our innovative GenZe 2.0 electric two wheeler, launched in the US in January, will also be showcased at the Auto Expo."





THE GENZE 2.0

Mahindra GenZe, the leader in all-electric two-wheel transportation alternatives unveiled the GenZe 2.0, the first connected all-electric scooter. The GenZe 2.0 is designed to help lessen impact from urban commuting, parking, congestion and pollution challenges. The GenZe 2.0 does 0-48.3 kmph in 8 seconds, 48.3 km on a single charge, has an excellent turn radius and handles payloads of up to 34 kg. It travels up to a maximum speed of 48.3 km. Part of a global smart transport solutions; the GenZe 2.0 is currently not available in India.



MAHINDRA LAUNCHES MOJO TRIBE

Mahindra Two Wheelers launched the Mojo Tribe, a club meant for owners of the Mojo motorcycle. In addition, an exclusively-designed App for Mojo owners the Mojo Tribe Mobile App – was also launched. The App provides Mojo owners a platform to share experiences and connect with fellow bikers.

MOBILITY'S NEXT-GEN: XUV AERO, BLAZO, E2O SPORT

M&M showcased its complete range of automotive mobility solutions at the Auto Expo 2016. The display included the XUV Aero – it's all new concept coupe, SsangYong's best seller, Tivoli, as well as the e2o Sports and the new 'BLAZO' trucks.

Present on the occasion, Anand Mahindra, Chairman, Mahindra Group, said, "Mahindra is constantly striving to push the boundaries of technology and innovation while developing new mobility solutions for a rapidly evolving world. Our electric vehicles on display reflect Mahindra's vision of the Future of Mobility which we believe would lead to the creation of more sustainable urban areas in the future."

XUV AERO – ONE FOR THE FUTURE!

The Mahindra XUV Aero, designed in-house at the Mahindra Design Studio, epitomises boldness and performance. It takes the spirit of the cheetah and gives it an urban manifestation of the beast; a coupe cross-over with an aerodynamic silhouette, a butch stance and bold graphics.

MAHINDRA'S DESIGN STUDIO – CREATING A BENCHMARK

The 'Design Studio' at the Mahindra Pavilion at the Auto Expo was created to enhance consumer engagement with Mahindra's design thought process for its products. At this studio, consumers could experience how vehicles are designed.

SSANGYONG'S BESTSELLER TIVOLI

SsangYong's Tivoli, a compact SUV launched in January 2015, offers an attractive experience as "My 1st SUV" for those who want style and practicality in cars. Tivoli has dominated Korea's compact SUV market and is well-recognised in the overseas markets.

ELECTRIC VEHICLES

e2o Sport
The 'e2o sports' is a manifestation of Mahindra's leadership in the EV category in India. It brings together an unbeatable range of 200km with supreme performance of an 80 KW power train. Some unique features of e2o sports are its instant acceleration of 0-60kmph in 4 sec and 384V – high voltage power pack.

E-Verito
The Mahindra Electric Verito sedan is powered by the latest electric drive train from Mahindra Reva. A green vehicle, it is a 100 percent zero emission sedan that can be charged in 2 hours.

Supro Electric
The Supro Electric Van is an 8-seater zero-emission mini-van powered by advanced lithium-ion batteries. The fully-automatic van can cover 100 km on a single charge.

New BLAZO HCVs with Fuelsmart Technology
The new HCV truck series, 'BLAZO', with Fuelsmart Technology, is backed by a superior mileage and service guarantee. This series includes haulage, tractor trailer, and tipper vehicles and debuts with the CRDe engine coupled with multi drive mode features.

COMMERCIAL VEHICLES – ALL ABOUT WINNING JEETO EMERGES AS A GAME-CHANGER

The star at the Commercial Vehicle zone was Mahindra's new offering in the small commercial vehicle segment, Jeeto. A disruptor in its category with a modular range of 8 mini-trucks to cater to the needs of the sub 1 tonne load segment customers, Jeeto is a game-changer in last mile distribution with its modular range, an unmatched versatility and superior efficiency to haul goods across different segments. It was also awarded the Apollo CV of the Year Award.

MAHINDRA ADVENTURE ZONE MAKE WAY FOR THE THAR DAYBREAK

Following the customised Thar, the Midnight edition two years ago, M&M in February 2016 presented the Mahindra Thar Daybreak. This customised version of the Thar is designed in line with the extreme off road vehicle that is getting popular in India. It features large 37 inch off-road tyres, custom bumpers and rock sliders, matt grey body panels with day break sunlight red highlights, rally seats, roll over bar, heavy duty electric winch, rear axle differential lock, amongst other things.

VALUE ADDED AND CUSTOMISED COMMERCIAL VEHICLES

Mahindra also showcased some of its value added products in its Commercial Vehicles portfolio. The CV products on display include Jeeto as a refrigerated truck with eutectic technology, Supro Maxi Truck as a mobile cafeteria, a multi-purpose Supro van and the Double Cabin option of the Imperio as modern crew cab truck.

ACCESSIBLE TECHNOLOGY IN PRODUCT OFFERINGS

The TUV300 AMT is the first SUV in India with Auto Shift Technology (AST). The TUV300 AMT gearbox is developed in-house by M&M with design expertise from Ricardo, UK. The new Mahindra 5-speed AST transmission represents a significant step forward in transmission technology within the Indian automotive sector.

Mahindra has pioneered the introduction of Auto Shift Transmission (AST) in India with completely indigenised design and parts produced locally.

The New Age XUV500 Automatic Transmission is the only SUV in its class to offer a 2nd generation 6-speed automatic transmission with AWD as an option. The all new Automatic Transmission has been sourced for the first time from the leading global supplier, AISIN, Japan. The New Age XUV500 Automatic takes the driving experience to the next level with easy cruising on city roads as well as on challenging terrains.

WITH KUV100, MAHINDRA DRIVES INTO 'NEW ORBIT' WITH A YOUNG SUV

Mahindra & Mahindra Ltd. (M&M) launched its compact SUV – KUV100, the young SUV in January, 2016. The KUV100 combines aggressive styling and an SUV stance with refined interiors, space to seat 6 passengers, safety features such as ABS with EBD standard across the range, dual airbags optional from the base variant and ISOFIX mounts for a child seat on the rear seat and comes with peppy performance from both petrol and diesel engines.

Speaking at the launch, Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra Ltd., said, "The launch of KUV100 is a defining moment in the automotive journey of Mahindra.  KUV100 is our first foray into ground up petrol engine and with it we are defining a new SUV sub-segment and targeting a new customer group.  Yet another 'Make in India' product, the KUV100 aptly represents our 'Rise' philosophy in action, as our development team used alternative thinking and challenged the limits to deliver a vehicle that is poised to be nothing less than a game changer for us.  We are entering a new orbit and hope to deliver yet another icon, yet another dream SUV."

The KUV100 is priced at Rs. 4.42 lakh (ex-showroom Pune for the K2 petrol variant) and Rs. 5.22 lakh (ex-showroom Pune for the K2 diesel variant).

The KUV100 is powered by the advanced mFALCON, an all-new engine family with options of both petrol (mFALCON, G80) and diesel (mFALCON, D75). The 1.2L, 61 Kw (82 bhp), multi-point fuel injection and dual VVT petrol engine and the 1.2L, 57.4 Kw (77 bhp) turbo-charged diesel engine with common rail direct injection technology, both deliver high, low-end torque for peppy performance.

Further, with a fuel efficiency of 25.32 km/l (ARAI certified), the KUV100 is also India's most fuel efficient diesel SUV.

The KUV100 is all set to create new benchmarks in safety in this price segment with ABS with EBD standard even on the base variant. Not just that, dual air bags are available on optional variants from the base variant as well and as standard on the topend

variant. KUV100 is already ahead of time to meet the upcoming 2017 safety regulations (applicable to KUV100 in 2019).


MAHINDRA LAUNCHES PREMIUM PICK-UP IMPERIO

M&M launched the Imperio, its premium, aspirational pick-up in January, 2016. Developed to cater to the transportation needs of the small and medium businesses, the Imperio is expected to enhance the face of the pick-up segment

in India with its stylish futuristic design, premium interiors, superior performance and enhanced driving experience. The Imperio is competitively priced at Rs. 6.25 lakh (ex-showroom Thane, for Single cabin BS3 variant).


M&M RECEIVES BT'S 'BEST COMPANY TO WORK FOR AWARD'

Mahindra & Mahindra achieved a significant landmark on the Human Resources front. It was awarded Business Today magazine's 'Best Companies to Work for Award' in the Engineering and Automotive Sector category. The parameters for the award were career growth prospects, financial compensation, work-life balance, performance evaluation and stability. Rajeshwar Tripathi, Chief People Officer, Automotive and Farm

Equipment Sectors, M&M, received the award from Shri Devendra Fadnavis, Chief Minister, Maharashtra, the Chief Guest at the event held in Mumbai in February 2016.

MTWL UNVEILS THE NEW GUSTO 125

Mahindra Two Wheelers Ltd. (MTWL) has unveiled an all-new Mahindra Gusto 125 in January 2016, further consolidating its presence in the scooter segment. The new scooter was completely developed in-house at MTWL's state-of-art R&D Centre in Pune. The technologically advanced scooter comes with a powerful 125 cc engine, double seat on slopes and four new colours. The new Gusto 125 was first launched in South India that was followed by a national launch.



MAHINDRA MOJO WINS 7 PRESTIGIOUS AWARDS

Mahindra Mojo was conferred with seven prestigious awards at the Automotive Industry events held in Mumbai, a testament to the innovation and technological excellence that the product stands for.

The awards won by this gorgeous head turner include:

  • 'Readers' Choice Bike of the Year' at the Zigwheels Awards 2015
  • 'Motorcycle of the Year' at the Motorbeam Readers' Choice Awards 2016
  • 'Bike of the Year: Jury Award' at the BikeDekho.com Awards 2016
  • 'Surprise package of the Year' at the 8th BBC Top Gear Magazine Awards 2015
  • 'Tourer Bike of the Year' at the Gaadiwaadi Readers' Choice Awards 2016
  • 'Mid Segment Sports Bike of Year' at the Flywheel Auto Awards 2016
  • 'India Design Mark – IMARK' (Product Excellence Awards) 2016


MAHINDRA MOJO, GUSTO WIN IDC'S I-MARK AWARD

Mahindra Mojo and Gusto won the India Design Mark award (I Mark), a design standard granted by the India Design Council, in March 2016. The IDC initiated the I Mark to identify and certify good design. I Mark is a symbol, which recognises good design and signifies excellence in form, function, quality, safety, sustainability, innovation and communicates that the product is usable, durable, aesthetically appealing and socially responsible.


MTWL WINS SILVER AT EFFIE INDIA ADVERTISING AWARDS

Mahindra Two Wheelers Ltd. (MTWL) won the coveted 'Silver Effie' in the 'Consumer Durables- Automobiles and auto parts, two wheelers and auto related' category at the Effie India Advertising Awards 2015, held in Mumbai in January 2016.

MTWL and creative agency, Taproot India Communications, were honoured for the distinctive and engaging 'Kisi Se Kam Nahi' campaign. No gold award was presented this year, making MTWL the recipient of the highest recognition in the auto category.


MAHINDRA'S NEW START-UP DIALS IN TO RURAL INDIA WITH TRRINGO.COM

Mahindra's Farm Equipment Sector (FES) forayed into the agricultural equipment rental services with the launch of TRRINGO, India's foremost organised rental service. A service for farmers, TRRINGO will operate as a franchisee based model and bring new age digital technology to the tractor rental business. This is expected to significantly increase the reach of farm mechanisation and empower farmers. The e-commerce venture would be-set up as a start-up.

During the launch, Dr. Pawan Goenka, Executive Director, M&M, said, "In our country where farm mechanisation penetration is low, Mahindra would like to play a significant role in enabling our farmers to improve their productivity and Rise by providing accessible technology. The TRRINGO farm equipment rental business model will enable farmers to deploy mechanisation technology on a pay per use basis without investing in the asset. This will increase their output and prosperity and lead to the inclusive growth of the nation".

FARM DIVISION RECEIVES TPM SPECIAL AWARD FROM JIPM

Farm Division (FD) was awarded the TPM Special Award for 2016 from the Japan Institute of Plant Maintenance (JIPM). This is an integrated award for FD as a 'Business' where all the three plants, Mumbai, Nagpur and Rudrapur, were assessed in an integrated manner.

Mahindra & Mahindra's FD is the first Company globally to claim the TPM Special Award at an organisational level. The award is a result of breakthrough activities in productivity, quality, cost, delivery and safety.

MAHINDRA ENTERS GLOBAL COMBINE HARVESTER BUSINESS

Mahindra & Mahindra Ltd. has partnered Finland's Sampo Rosenlew to enter the global combine harvester business. Mahindra will acquire a 35 percent stake in Sampo. The two companies will work together to expand the combine harvester business globally.

Dr. Pawan Goenka, Executive Director, M&M, said, "Today, Mahindra is the world's leading tractor company by volume, with an on ground presence in India, the US, China and Japan, besides other export markets. We are now putting in place a strategy to build a full product line of farm equipments that goes beyond tractors and with this we will compete globally in both advanced and developing markets."


PM VISITS FES PAVILION AT KRISHI UNNATI MELA

Honourable Prime Minister Narendra Modi reviewed the Mahindra Samriddhi Soil Testing Lab along with Shri Radha Mohan Singh, Union Minister of Agriculture and Farmers Welfare.

FES participated in the Krishi Unnati Mela, a farmers' fair organised by the ministry jointly with the Indian Agriculture Research Institute, Pusa, New Delhi and the CII in March 2016. FES displayed tractors and implements, while Mahindra Samriddhi set- up its Soil Testing Lab. The lab showcased the pH meter, EC meter, electrical shaker and the spectrophotometer used to estimate the pH, EC, Organic Carbon, Nitrogen, Phosphorous and Potassium content of the soil.



BRAND MAHINDRA TRACTORS WINS TWO AWARDS AT THE RMAI FLAME AWARDS ASIA 2016

Brand Mahindra Tractors won two awards at the RMAI Flame Awards Asia 2016 in the 'Farmer Connect' category (contact programme/initiative of the year).

It won the Gold for the Arjun Novo direct marketing campaign in UP1 and Telangana. The team targeted prospective customers through direct marketing

and one-on-ones. The campaign reached 500 farmers in 2 states, generating 165 hot enquiries.

The 'Mahindra Jashn Josh Ka' campaign won the Silver. For this campaign, low-share market dealerships were activated through customer meets and field demonstrations. Nearly, 98,000 consumers in 10 states were reached, generating 4,046 hot enquiries that resulted in 238 tractor deliveries.


IGATPURI ROLLS OUT 500,000TH MHAWK ENGINE

Automotive Division's Igatpuri plant produced its 500,000th mHawk engine that drives Mahindra's flagship vehicles Scorpio, Xylo and XUV500. At a commemorative event held on March 28, 2016, Nasir Deshmukh, Plant Head, congratulated the team for the remarkable achievement and emphasised on the need to focus on reliability and durability of mHawk engines.The steering committee members, the employee union committee, and employees also participated in a pooja and a coconut breaking ceremony.

'FOUNDRY OF THE YEAR' AWARD FOR AD'S KANDIVALI FOUNDRY

Automotive Division's Kandivali Foundry received the 'Foundry of The Year' Award at the Indian Foundry Congress (IFC) event at Coimbatore on January 29, 2016. A jury of the 'Institute Of Indian Foundrymen' (IIF) picked the winners. They acknowledged M&M's commitment to qualitative and quantitative improvements on PQCDSME parameters and technology.


AD'S NASHIK PLANT WINS FICCI SAFETY SYSTEMS EXCELLENCE AWARD

Automotive Division's Nashik plant was conferred with the 5th FICCI Safety Systems Excellence Award 2015 with the first (Gold) ranking in the large - scale, non-hazardous category. The ceremony, organised on March 15, 2016, at New Delhi had more than 80 contestants.

AD ZAHEERABAD CROSSES 7.5 LAKH MILESTONE

Automotive Division's Zaheerabad plant reached the vital production milestone of 7.5 lakh vehicles on February 27, 2016. Vijay Kalra, Chief of Manufacturing Operations, AD, and Vijay Nair, VP, ER AD and Head, AFS Administration, were the chief guests at the celebration. The plant's earlier milestone of 6 lakh vehicles was achieved in 2014 and since then it has just taken 2 years to reach the 7.5 lakh production mark.

MVML'S OHC TEAM KEEPS A TAB ON OBESITY

Obesity is on the rise and is the leading cause of Hypertension, Diabetes, Stroke, Heart ailments. To mitigate the impact of potential obesity-related concerns, the OHC team at MVML organised body fat analysis camps at shop floors. These camps comprised measuring body mass index, fat percentage, water percentage, visceral fat, metabolic age and the desired weight along with nutritional guidance for team members. Eight body fat analysis camps were held and around 750 employees benefited from the initiative.

FOR MVML TEAMS, CHANGE MATTERS

The Gen Y Symposium Season II at Mahindra Vehicle Manufacturers Ltd. (MVML) provided some significant insights into projects that can be looked into, going ahead. The brainstorming sessions, attended by young team members of MVML, zeroed in on: Waste to Wealth; Eco-MVML; Fuel the Fire and Change for Betterment; Utthan – The way to upliftment; Intelligent vehicle tracking system and Knowledge Hub and Food wastage elimination.

The teams presented their projects to an expert panel that comprised Atul Joshi, VP, HR - AD, IO, Reva, and Pankaj Sonalkar, CEO, MVML.


GUINNESS RECORD FOR ROAD SAFETY AWARENESS RALLY

Mahindra Auto & Farm Sectors collaborated with the Deputy Regional Transport Office (DRTO), Borivali, to conduct a Road Safety Awareness Rally on January 31, 2016. The event was recognised by the Guinness World Record for the 'Largest number of people gathered for a Road Safety Awareness Rally' breaking the record set by Argentina. The event witnessed 11,707 bikers and more than 700 cyclists.





MAHINDRA RECOGNISES SPIRIT OF FARMERS AT 6TH SAMRIDDHI INDIA AGRI AWARDS

Mahindra Samriddhi India Agri Awards were given to farmers and institutions for their noteworthy contribution to agriculture. Instituted in 2011, the awards are an extension of Mahindra's 'Samriddhi' initiative that aims to enhance agricultural productivity through new farming technologies, leading to rural prosperity.

The Mahindra Samriddhi Krishi Shiromani Samman (Lifetime Achievement Award) for 2015 was conferred upon Dr. Amrita Patel for her contribution to Indian agriculture specifically for growth and development of the dairy cooperative sector during her illustrious career spanning four decades with the National Dairy Development Board.

The Chief Guest of the awards ceremony this year was Shri Radha Mohan Singh, Honourable Union Minister of Agriculture and Farmers Welfare (MoAFW). The Guests of Honour included Dr. Sanjay Balayan and Shri Mohanbhai Kalyanjibhai Kundariya, Honourable Ministers of State for Agriculture.

Speaking at the occasion, Anand Mahindra, Chairman, Mahindra Group, said, "I would like to congratulate all the winners of the Mahindra Samriddhi India Agri Awards 2016.

Each winner exemplifies the indomitable spirit of the Indian farmer currently navigating significant challenges. These awards are our way of recognising farmers for their immense contribution to agriculture, and helping drive positive change in their lives, communities and the country. In its 6th year, the Mahindra Samriddhi India Agri Awards is already a respected initiative that I am certain will continue to motivate the farming fraternity."

Nominations for Mahindra Samriddhi India Agri Awards 2016 rose 14.8 percent to 54,736.


SWARAJ CLIMBS TO NO. 2 POSITION IN TRACTOR MARKET

Swaraj Tractors has clinched the prestigious Number 2 position, in a fiercely competitive tractor market, replacing Tractors and Farm Equipment Ltd. (TAFE). This is a significant moment in the history of Swaraj because the Punjab-based tractor manufacturer achieved this feat after 10 years. Swaraj clawed back due to an unwavering focus on competition and sustained increase in field activities. The teams improved customer connect and widened dealer network in TAFE stronghold areas.

The 744 HP in the 45 HP category and 735 XT in the 39 HP category were major contributors to product sales.

The management of Swaraj would focus on increasing the margin between the Number 2 and 3 positions in 2016-17.

SWARAJ WINS JIPM AWARD FOR EXCELLENCE

Teams at Swaraj Plant 1 and Plant 2 were conferred the Japan Institute of Plant Maintenance (JIPM) Award for Excellence in Consistent TPM Commitment.

The TPM journey kicked-off in June, 2009. Successful deployment of Total Productive Maintenance (TPM) was always a significant part of the business strategy. Both plants progressively crossed the relevant milestones towards TPM deployment and achieved the first milestone in 2012 as TPM Excellence Award.

MULTI-MEDIA BRAND CAMPAIGN FOR BLAZO

The launch of Mahindra Blazo, one of the most promising offerings from Mahindra Truck and Bus Division, was followed by a multi-media brand campaign. The campaign, which featured two unprecedented guarantees, Mileage guarantee and Service guarantee, lead to



tremendous response with over 10,000 missed calls and nearly 2,500 active leads. The mass media campaign was followed by launches and road shows across the country which were focused on bringing alive the key value proposition, FUELSMART Technology. The campaign is playing a vital role in substantially increasing the consideration for MTB amongst various constituents of transport ecosystem.



MPOWERED AT IIM, AHMEDABAD

The ninth batch of MPOWER - Management Development Programme for the nextgen Youth Transport Entrepreneurs - was launched at the Indian Institute of Management, Ahmedabad (IIMA). The guiding philosophy of the programme is empowering the next

generation of India's transporters/ fleet owners to "Take forward their family business with their OWN vision", as propounded by Anand Mahindra. With this batch MPOWER has involved 246 nextgen transporters who together own over 54,000 trucks with a combined turnover of Rs. 21,000 Crores employing over 57,000 people. Thus MTBD is making significant progress in driving positive change in the transport ecosystem.

MAHINDRA TRANSPORT EXCELLENCE AWARDS – 2015

The 5th edition of the Mahindra Transport Excellence Awards (MTEA) ceremony was held on



March 4, 2016. MTEA recognises stakeholders in the trucking industry for Outperformance, Excellence, Innovation and Change Leadership, judged on the
RISE pillars – Accepting No Limits, Alternative Thinking and Driving Positive Change.

This year saw 4,674 entries vying for the Award, a significant rise of 38% over last year. The Union Ministry of Road Transport and Highways (MoRTH) has continued to support the MTEA for the third consecutive year.

Abhay Damle, Joint Secretary, MoRTH, chaired a panel discussion on 'Making Truck Driving an Attractive Profession- Tackling Driver Shortage'.

Anand Mahindra, Chairman, Mahindra Group, said that in five years MTBD has made substantial efforts to make the awards more inclusive and meaningful. Mahindra also spoke on the Essay competition for 'Saarthi Abhiyaan' awardees, and the fact that a father's greatest gift for his daughter was supporting her education. He referred to the daughters of the three truck drivers, who won the MTEAs, as 'Super Lakshmis' who changed their father's lives by providing them the opportunity to own a new Mahindra BLAZO, with a little help from Mahindra Truck and Bus and Mahindra Finance.

Shri Nitin J. Gadkari, Union Minister of Road Transport and Highways presided over the event. Shri Gadkari applauded 'Saarthi Abhiyaan' and said besides the scholarship, truck drivers were given an opportunity to own a new truck.

REAL GREAT ESCAPE ON SCORPIO PIK-UP, NEW AGE XUV 500

Selected press, 4x4 enthusiasts and Mahindra customers had the opportunity to sit behind the steering wheel of the Scorpio Pik-up and New Age XUV 500 to experience the vehicle on-and-off the road during the 100 percent 'Real Great Escape' tour in South Africa.

The tour began in January 2016, in Gauteng province, and made its way through seven other provinces by March-end. The opportunity, not only allowed Mahindra to show the strength and capability of its vehicles but also allowed dealerships to interact with their customers, existing and potential.

GROWING WITH A PURPOSE IN AFRICA

Mahindra & Mahindra is strengthening its focus in Africa with an objective to grow the Mahindra brand and contributing to the African growth story. In order to meet that objective, Ashok Sharma, President, Agri and Africa & South Asia Operations, MD and CEO, MASL, and Member, GEB recently visited Algeria. The Company aspires to be a leader in the Algerian tractor market.

"We are working towards this goal and have a strategy of growing along with our partners, who understand the local market," said Sharma. He also met Azouaou, Mahindra's distributor in Algeria, important dealers, media, government officials and bankers.

In Algeria, M&M is working on setting up a state-of-the-art assembly plant for tractors through the local partner M/s Eurl LD Azouaou. The assembly plant, to be operational in July 2016, will manufacture latest tractors.

"We are now focusing on capacity building across the agri value chain — from activities like agronomy and soil testing; to pesticides, micro-irrigation and farm mechanisation,"
Sharma added.

PHILIPPINES, A GROWING MARKET FOR TRACTORS

Mahindra and Mahindra is expanding its presence in Cebu as it plans to bring its popular tractors to the province.

Pradeep Kumar, VP, and Head of International Operations, Automotive and Farm Equipment Sectors,



M&M, sees considerable potential in bringing Mahindra tractors to the Philippines buoyed by the country's vast agricultural land. "There is a market for tractors here," said Kumar. Mahindra tractor units are expected to arrive by July, 2016. Cebu-based Gateway Motors Group will be the first dedicated Mahindra Tractor dealer. Gateway has associated with M&M in the past as well.

MAHINDRA'S AGRI CAPACITY ATTRACTS ZANZIBAR TEAM

In the face of the growing Indo-African business ties, Mahindra made a definitive effort to set the stage for increased collaboration in agriculture. Senior Mahindra officials met key >government representatives from Zanzibar in India to discuss the entire 'agri-business



solution capability' of the Mahindra Group. The delegates were provided insights on Mahindra Samruddhi, Farm Mechanisation, EPC case studies on rice productivity improvement and the roadmap on tractors. Ashok Sharma, President & CEO, Agri, Africa & South Asia, met Hon. Dr. Sira Ubwa Mamboya, Minister, Ministry of Agriculture and Natural Resources and Hon. Mohamed Ramia Abdiwawa (Ambassador), Adviser to His Excellency, The President of Zanzibar.

MAHINDRA DRIVES POSITIVE CHANGE IN SOUTH AFRICA

Mahindra South Africa tied up with Rotary South Africa to light up the lives of the less fortunate matric students. The programme involved donation of a solar power and battery-operated lamp, as well as a pencil bag with stationery, to ensure that students have adequate light to study after dark.

The Company supplied 5,000 solar lamps and pencil bags to students across 7 Provinces. The initiative covered 76 schools.

ENHANCING CUSTOMER SATISFACTION IN NEPAL

Agni Incorporated dedicated a week in February to interact with customers and reinforce their confidence in the Mahindra brand. They organised free Service Camps across 5 locations in Nepal; Rajapur, Bhurigaun, Gulariya, Kohalpur and Nepalgunj. Dealer representatives and



technicians diagnosed and solved technical problems of tractors and provided genuine spare parts to customers at a discounted price.

Over 90,000 tractors were attended to and close to 50 units of spares and lubes consumed.

SSANYONG LAUNCHES TIVOLI AIR

SsangYong Motor held a launch event for the Tivoli Air, a long-body version of original Tivoli which has dominated the compact SUV market since its launch last year. Over 200 journalists attended the event at Some Sevit in Seoul on March 8, 2016. The e-XDi160 diesel engine produces 115ps and a maximum torque of 30.6 kgm. It is the only vehicle in its class



equipped with a 4WD system, providing great on- and off-road driving performance. The vehicle provides a roomy interior with basic 720 litre cargo space and 1,440 litre when seats are folded. To mitigate the impact of potential obesity-related concerns, the OHC team at MVML organised body fat analysis camps at shop floors. These camps comprised measuring body mass index, fat percentage, water percentage, visceral fat, metabolic age and the desired weight along with nutritional guidance for team members. Eight body fat analysis camps were held and around 750 employees benefited from the initiative.

SSANGYONG UNVEILS SIV-2 CONCEPT

SsangYong unveiled the SIV-2 Concept at the 86th Geneva International Motor Show in March, 2016. SIV-2 (Smart Interface Vehicle) is a next-generation strategic model for SsanYong. Based on SsangYong's design philosophy of 'Nature-born 3Motion', the concept car focuses a



dynamic motion in its exterior and interior design and features. It will be equipped with 1.6L diesel engine/1.5L Turbo gasoline and 48V mild hybrid system combined with a 10kW motor-generator and 500Wh high-performance lithium-ion battery.

SSANYONG WINS INTERNATIONAL AWARD WITH CARBON COMPOSITE TECHNOLOGY

SsangYong won the Innovation Award in the Technical Textiles category for 'tailored non-crimp fibre technology for cost-saving, high-efficiency manufacturing of tailgate components' at the 2016 JEC World Composites Show held in Paris earlier this month.



SsangYong developed the new technology in partnership with the Korea Institute of Carbon Convergence Technology (KCTECH) and Germany's Institut für Textiltechnik (ITA).



AFTER-MARKET



MFCSL CELEBRATED ELEGANCE OF WOMANHOOD ON MARCH 8

On the occasion of International Women's day on 8th March, MFCSL celebrated elegance of womanhood in their office.

YVS Vijay Kumar, CEO, Mahindra First Choice Services Ltd. (MFCSL), wished the ladies with personalised photo mugs and greeting cards. As part of the celebrations, the Mahindra Corporate Security Team also held a self-defence workshop to train the ladies on preparedness and effectively handling 'fight or flight' situations.



MANTHAN 2016, A LEARNING EXPERIENCE FOR ALL

Manthan's genesis emanated from the challenging exercise carried out to find a deeper meaning. At MFCSL, we engaged with our

franchisee development team through discussions spread over 2 days. Manthan provided an opportunity to meet new colleagues, learn from each other's experiences, and celebrate the achievements of FY 2015-16, plan collectively for the next fiscal and gear-up for times ahead.

MFCSL LAUNCHES FIRST TV AD

MFCSL recently launched a 360 degree brand campaign, titled Free ke baad First Choice. The campaign builds on the advantages of MFCSL and positions it as the destination for car service after the free service period ends. The TV commercial for the campaign was launched after Republic Day, and subsequently other media touch points were targeted. MFCSL is India's leading chain of multi-brand car service workshops, with a national network comprising over 125 workshops in more than 90 cities.





FINANCIAL SERVICES



KEY ACTIVATIONS FOR VEHICLE AND SME LOANS

Mahindra Finance undertook some key rural activations in the last quarter. It targeted customers of villages at Nanded during 'Krushi Pradarshan' held in March, 2016.

At the 'Youth Agri Festival 2016' in Sambhal, Mahindra Finance tapped customers staying in villages in Amethi district, Uttar Pradesh. In a significant intervention, Mahindra Finance was a part of 'VADA Auto Expo - Central India's Signature Auto Expo 2016' in February, at Nagpur. Nearly 1,000 people attended these activations. Mahindra Finance also participated in PUNE MACHINE TOOLS SHOW in February 2016 to promote the SME Loan business catering into Equipment Finance and Secured Business Loans. More than 15,000 customers attended the event.

FSS - RISE AWARDS DECLARED

The Rise Awards for 2015-16 were given to 93 winners from MMFSL, MIBL, MRHFL, Branch Managers, Branch Accountants and Head Office. The winners were felicitated with a trophy and a certificate. The Maharashtra branch was declared the 'Rise Branch of the Year'. The Rise Coffee Table Book was also launched during this event.



INNOVATION TOURNAMENT FOR MANAGEMENT TRAINEES

An Innovation Tournament, conceived by the Learning and Development team, was held in January 2016, at the Larsen & Toubro



Management Development Centre. The concept helped 60 management trainees break through organisational inertia, instil more innovation-driven approaches and accelerate digital transformation. This was not just about 'Hacking' away an old process but also finding new, better and more efficient ways of working on it. The theme for the eight teams included Go Digital, Synergy, Making Mahindra Finance a Great Work Place and Understand the Customers.

FINANCIAL SERVICES SECTOR (FSS) WINS BIG AT THE RURAL MARKETING FORUM AND FLAME AWARDS!!

Mahindra FSS won awards in the following categories of FLAME Awards and Rural Marketing Forum Awards: "Community Empowerment and Development Initiative", "Measurement, Monitoring and Analytics", "Channel Development & Trade Activation of the Year", "Best Financial Inclusion", "Best Use of Technology For Rural Reach", "Brand Builder of the Year Award"- R. Balaji, "Best Integrated Rural Marketing Campaign" and "Social Development Campaign of the Year". FLAME awards by the Rural Marketing Association of India were held at Taj Vivanta Delhi on 11th March. The Rural Marketing Forum Awards event took place on 20th February 2016 at Taj Lands End, Bandra.



INNOVATION IN LEARNING AND DEVELOPMENT INITIATIVES

The Learning and Development Team has been recognised for driving learning through innovative methods in the Economic Times-HR Excellence Summit 2016, which was held on 11th March 2016 in Mumbai.



MAHINDRA PARTNERS

MAHINDRA LOGISTICS LTD. RIDES A NEW SUCCESS WAVE WITH
E-COMM FORAY

In 2015, Mahindra Logistics Ltd. (MLL) ventured into e-commerce. A strategic move, handling the vertical's operations was an enriching experience for MLL. The challenges of this industry are peculiar. Moreover, they are amplified by the stiff competition in the industry. In this scenario, providers of logistics services to the e-commerce industry are exposed to its challenges, as ensuring fast and damage-free delivery is the only competitive edge for e-commerce firms. MLL's business focus includes last mile delivery of bulky goods, innovative models like the I Have Space (IHS) project for Amazon and wholesale delivery to B2B customers. The last mile delivery of refrigerators, washing machines, TVs, etc. was launched in Pune and Nashik and expanded to Hyderabad, Secunderabad, New Delhi, Bengaluru and Chennai. It covers end-to-end movement; picking up from fulfilment centres to last mile delivery. It also includes cash management for Cash-on-Delivery (CoD) orders. The wholesale delivery project involves delivery to B2B customers in Karnataka by deploying dedicated vehicles for delivery in Bengaluru and Mangalore.

The IHS project entails distribution to Kirana stores for pick-up by the end customer/last-mile delivery by the store staff. The need for delivery boys is eliminated as MLL drivers visit 10-15 stores each day. Initially, the



project was challenging as convincing drivers to deliver and collect cash was a new idea. Gradually, the idea was accepted and the project is on a remarkable growth path. MLL is proud of executing the project innovatively.

MLL has also deployed separate IT-enabled control tower operations for each of these projects that offer greater clarity on customer pain points and addresses them effectively. As a result, MLL has achieved faster TATs and better service levels. Such initiatives have enabled MLL's e-commerce vertical to grow by 300 percent in just one year!

MAHINDRA SUSTEN DEVELOPS ITS OWN SINGLE AXIS SOLAR TRACKER - MSAT100

Mahindra Susten has developed an in-house Horizontal Single Axis Tracker - MSAT100 that overcomes traditional disadvantages of using a conventional Tracker.



MSAT100 is self-powered, and therefore, doesn't require additional cabling at site. The entire system is designed keeping the 'plug and play' model in mind that allows easy installation without any welding requirement.

Mahindra Susten's installation of 2.7 MW MSAT100 system at two sites in Tamil Nadu and Andhra Pradesh, have increased solar plant production by nearly 24 percent on site. It also has another 8.5 MWp of trackers under installation.



MAHINDRA INTERTRADE SHINES AT CII'S HR MEET

Team Intertrade received the prestigious award for 'Significant Achievement in HR Excellence' at the 6th CII National HR Excellence Awards Confluence. Since the last quarter, the Company has taken new strides in diversity with its first all-women's shift at the MIL Vadodara Plant. It has also achieved its 'Best-ever' MCARES score this year at 4.57/5 (up from 4.39 in 2014-15) and an EPS score of 73 (up from 61 in 2014-15).

MACE BAGS NEW CONTRACT IN CAMEROON

Mahindra Consulting Engineers (MACE) received its 7th repeat contract from UNIDO, Austria, for a project in Cameroon. MACE will work on conceptualising and developing sustainable strategies for agribusiness and infrastructure. The team will collaborate with the Government of Cameroon (GoC), UNIDO, World Bank, IFAD and AFDB for this project.




MAHINDRA HOLIDAYS

CLUB MAHINDRA PARTNERS KIDZANIA, CREATES MAGIC FOR MUMBAI MEMBERS

Mahindra Holidays tied up with KidZania, Mumbai, by launching a 'kid-sized' resort within its premises. The idea is to familiarise children with the brand and to give them a sense of working at a real resort. At this kid-sized resort, children get to experience functions of staff, such as a



bell boy, front desk executive, steward and housekeeper through role play - accepting reservations, greeting and checking-in guests and serving at the restaurant. The partnership is already a hit. During an exclusive member weekend nearly 900 families visited KidZania.

JAPANESE CHEF CONDUCTS SUSHI WORKSHOP

Mahindra Holidays hosted the prestigious IFCA International Sushi Training Workshop at Club Mahindra, Virajpet. Organised by IFCA and the Japan External Trade Organization (JETRO), the highlight of the workshop were training sessions and live demonstrations conducted by Master Chef Masayoshi Kazato, global Sushi ambassador. The sessions were interactive



and acquainted trainee chefs with nuances of authentic Sushi making. Nearly 80 chefs from all over India attended the event.



INFORMATION TECHNOLOGY

TECH MAHINDRA, WSJ. CUSTOM STUDIOS LAUNCH 'IN THE FUTURE'

Tech Mahindra Ltd. launched a three-year partnership with WSJ.Custom Studios, the custom content marketing division of The Wall Street Journal (WSJ). The enterprise sees the organisations collaborating to develop custom content focused on technology, including cutting-edge thought leadership issues aimed at global business leaders.

Called 'In The Future', the multimedia custom-content programme promises to challenge conventional thinking, drive vital conversations and illustrate the potential benefits of growing connectivity. This will involve the creation of original and compelling stories and video that span print and digital media, tablet and mobile, graphic solutions, social media and events. The campaign will deliver unique insights from top thought leaders in their respective fields and engage audiences as to what the future means for them.

"To realise and build the future of everything that we dream of, we have to embrace our vision today. I am delighted to undertake this exciting initiative with WSJ. Custom Studios, to drive awareness and conversation illustrating the benefits of emerging connectivity through information and entertainment," said C. P. Gurnani, MD and CEO, Tech Mahindra. As part of the partnership, Tech Mahindra will sponsor The WSJ CEO Council's annual meeting in Washington, D.C. for three years. The meeting brings together the world's most influential leaders of industry, finance, government and policy. In January 2016, Tech Mahindra and The WSJ celebrated their new partnership at the World Economic Forum in Davos, Switzerland. The attendees included: Anand Mahindra, Chairman, Mahindra Group and William Lewis, CEO of Dow Jones and Publisher of The WSJ.

TECH MAHINDRA IS INDIA'S '3RD FASTEST GROWING COMPANY'

Tech Mahindra was featured in Business World's (BW) annual issue of India's fastest growing companies, at number three. The story titled Tech Mahindra: The Big Fish, is a detailed feature on Tech Mahindra and its growth journey. The story also mentions C. P. Gurnani, MD and CEO, Tech Mahindra, as one of the valuable CEOs of India.

An excerpt from the feature: "… the company has almost been on a meteoric rise with an average four-year sales growth of 52.3 percent and an average four-year PAT growth of 75.8 percent. In a way, Satyam's fall has proven to be a boon for Tech Mahindra, which until then was not an industry frontrunner. (Tech Mahindra was featured in BW's Heavyweight category). In the fiscal year 2014-15, the company's consolidated revenues rose 20.1 percent to Rs. 22,621 crore from Rs. 18,831 crore in the previous year. The growth during the year was led by acquisitions as well as organic growth. The consolidated PAT amounted to Rs. 2,627.7 crore as against Rs. 3,028.8 crore last year. The number of customers increased from 629 in the previous year to 767 at the end of fiscal 2014-15. In keeping with the pace of change and filling gaps in its portfolio, the company's growth has largely come from a string of strategic acquisitions to consistently strengthen its competencies."

C. P. GURNANI IS NEW NASSCOM CHAIRMAN

The National Association of Software and Services Companies (Nasscom) has appointed C. P. Gurnani, MD and CEO, Tech Mahindra, as its new Chairman, to lead the industry body as it plans to achieve its 2020 vision.

In an interview with The Economic Times, Gurnani said, "The world would not be interesting if we did not have challenges or if we did not have opportunities. I am looking at both challenges and opportunities with a fair amount of excitement. I do believe that we, at Nasscom, are very happy because we have had all-around growth. We have growth not only in the IT sector but in the BPO sector as well. We have had growth in the engineering services. We have now about 1,000 plus global IT development centres in India and we also have a very active and a very vibrant start-up and e-commerce community. So overall it is an all-around growth. There are 100 plus billion experts. There is a lot to be done." The ET interview can be accessed with the following link http://articles.economictimes.indiatimes.com/2016-04-08/news/72161452_1_cp-gurnani-nasscom-technology-industry

TECHMIGHTIES CONNECT WITH THE PRESIDENT OF INDIA

TechMighties participated in the Festival of Innovation 2016 – Hackathon for Social Innovations, at the Rashtrapati Bhawan in New Delhi. The event was hosted by Karl Mehta, the founder of Code for India.

The 24 teams, from corporates, start-ups and colleges, were challenged to come up with real life solutions on four topics; automating attendance for class teachers, authentication of students taking curriculum exams, surveillance at entry into public monuments, and surveillance of public toilets.

Mahindra Comviva bagged the award for automating attendance for teachers. The associates loved the feel – from the premises, protocols and a moment of glory with Shri Pranab Mukherjee, the President of India.



INFRASTRUCTURE & REALTY
SECTOR

'LUMINARE' CONFERRED WITH CIDC VISHWAKARMA AWARD

Mahindra Lifespaces was presented the 'Achievement Award for Construction Health, Safety and Environment' for its project Luminare at the 8th Construction Industry Development Council (CIDC) Vishwakarma Awards 2016. The award was presented by R. K. Mathur, (IAS), Chief Information Commissioner, in March 2016 in recognition of the Environment, Health and Safety (EHS) performance and initiatives undertaken at the Luminare site in Gurgaon.

MAHINDRA LIFESPACES' IRIS COURT WINS AT 10TH CNBC-AWAAZ REAL ESTATE AWARDS 2015

Iris Court, part of the residential zone at Mahindra World City, Chennai was recognised at the 10th CNBC Awaaz Real Estate Awards 2015 as the 'Best Residential Project' in Chennai under the Affordable Segment.

The CNBC Awaaz Real Estate Awards, announced in March 2016, are one of India's most prestigious awards that celebrate excellence and leadership in a sector that is undergoing a rapid evolution.

MAHINDRA WORLD CITY, CHENNAI WINS AT THE NDTV PROPERTY AWARDS

Mahindra World City, Chennai was recognised as a winner again in the category, Best Township, (more than 200 acres in size) at the NDTV Property Awards 2015. The NDTV Property Awards have emerged as one of the most credible benchmarks for Indian realty. The Chief Guest of the evening was Shri Babul Supriyo, Minister of State for Urban Development and for Housing and Urban Poverty Alleviation.

MAHINDRA WORLD CITY AT THE MAKE IN INDIA SUMMIT

Honourable Prime Minister of India, Shri Narendra Modi, in the presence of Maharashtra Chief Minister, Shri Devendra Fadnavis, and other dignitaries, inaugurated the 'Make in India Centre' at the MMRDA Grounds, Bandra Kurla Complex, Mumbai, in February 2016. This centre was part of the 'Make In India Week' – a government initiative to showcase the potential of design, innovation and sustainability across India's manufacturing sectors and encourage investment in India.

Mahindra World City, pioneers of India's first sustainable integrated business cities in partnership with state governments, was a part of this visionary clarion call for the nation's progress with a stall presence at the Infrastructure Pavilion at the venue. As the world followed this powerful display of India's manufacturing prowess and transformational, multi-sector, multi-nation partnerships were forged over the course of the next few days, the Mahindra World City team on ground hosted and interacted with esteemed dignitaries. The Korean Ambassador to India, H.E. Cho Hyun, and Dr. Pawan Goenka, Executive Director, Mahindra & Mahindra, were some of the dignitaries who visited the MWC stall on the very first day.

MWC CLUB IS INDIA'S 1ST LEED RATED, GETS GOLD-CERTIFIED

MWC Club, located within MWC Chennai, became India's First Gold Certified Club project under IGBC's LEED India NC rating system.

IGBC ratings are voluntary, consensus based and market-driven building programme. They bring together sustainable practices and solutions with a view to reduce environmental impact.

MWC CHENNAI IS INDIA'S FIRST FOOD-WASTE FREE CITY

The beginning of 2016 marked an important Sustainability milestone for Mahindra World City (MWC) Chennai, as it witnessed the inauguration of a Bio-CNG plant. A joint CSR initiative between Mahindra World City Developers Ltd. (MWCDL) and Mahindra Research Valley (MRV), the Bio-CNG plant aims to create a carbon neutral ecosystem at MWC Chennai. The Bio-CNG plant will convert 8 tons of food and kitchen waste generated daily at MWC, into 1000m3 of raw biogas. Further, more the raw biogas can be enriched to yield 400 kg/day of purified CNG grade fuel which is equivalent to a 200 kW power plant. Overall it will create an end- to-end carbon neutral ecosystem, wheren even the waste will be utilised for the benefit of the farmers. Hence, MWC has rightfully claimed the title of India's first food-waste free city.

on the occasion, Anita Arjundas, Managing Director, Mahindra Lifespaces said, "The Bio-CNG plant represents a significant milestone in our journey towards creating low carbon footprint world cities that harness the opportunity to convert waste-to-wealth and improve the quality of life of all our stakeholders, including local communities."

MINDQUEST QUIZ BONDS MWC CHENNAI COMMUNITY

The 5th edition of MindQuest – The Mahindra World City Open Quiz – was conducted at the Mahindra World School auditorium in MWC Chennai in February 2016.

Over 70 teams from companies, schools and colleges participated in the quiz. Surpassing previous editions in scale, prizes worth over Rs. 3 lakh, and cash prizes of Rs. 1 lakh were awarded.

The winning team comprised Jayakanthan R. from TCS and Kiran Vijaykumar of BharatMatrimony - Team 'Gen Why'.

MWC CHENNAI WELCOMES DIGNITARIES

The Consul General of the US, Chennai, Phillip A. Min, visited MWC Chennai in February 2016. Min was accompanied by a delegation from the US Consulate, Chennai. The heads of US companies based in MWC Chennai, including Timken, Lincoln Electric, Parker Hannifin, Federal Mogul and Armstrong International, attended a special lunch on the occasion. Additionally, K. Skandan, IAS, Additional Chief Secretary, Government of Tamil Nadu and Chairman, Tamil Nadu Pollution Control Board, visited MWC Chennai. He was accompanied by a senior level delegation consisting of members from City Connect and senior TNPCB officials.

MAHINDRA WORLD SCHOOL RECEIVES IGBC PLATINUM RATING

In March 2016, after an exhaustive evaluation of multiple parameters, the CBSE-affiliated Mahindra World School located in MWC Chennai was conferred with IGBC 'Platinum' rating (the highest level of rating awarded to schools) as per the IGBC Green Schools Rating System certification.

IGBC Green schools rating system addresses green features under various categories including site selection and planning, sustainable water practices, conserving and harvesting energy, eco-friendly school material, indoor environment quality, health & hygiene and green education.

MWC JAIPUR SIGNS ON SHIVAKRITI INTERNATIONAL

In March 2016, MWC Jaipur signed on Shivakriti International Ltd., a Jaipur-based company offering infrastructure development products and solutions, for 2.1 acres of land in its Domestic Tariff Area (DTA).

Catering to both private companies and PSUs, Shivakriti International intends to set-up a manufacturing facility for products used in the railways and telecom sectors at the DTA plot.

MWC JAIPUR HOSTS CRICKET LEAGUE

On March 6, 2016, MWC Jaipur hosted the 4th edition of Mahindra Champions League – the annual inter-company cricket tournament. The league had 20 companies participating from all zones of MWC Jaipur. Team 'Deutsche Bank' lifted the trophy, beating Infosys Technologies in an exciting finale. The League has helped grow MWC Jaipur's connect with participating companies and has brought together employees on a common platform. The tournament was played in the T-20 format with 6 groups.



MAHINDRA AEEROSPACE & DEFENCE

BUSINESS DELEGATION VISITS GHANA

The Confederation of Indian industry (CII) organised a business delegation to Ghana. The delegation represented sectors such as Heavy Engineering, Energy, Infrastructure, IT, Telecommunication, Agro processing, etc. Nicholas Mabe, Business Development Head, Mahindra Emirates



Vehicle Armouring FZ LLC was a business delegate to Ghana. The High Commission of India organised high-level meetings for the delegations with the Vice President, Minister of Foreign Affairs and Regional Integration and Minister of Trade and Industry, Deputy Minister of Finance and Deputy Trade and Industry Minister, the Republic of Ghana.

AN MDNS FILLIP FOR INDIAN DEFENCE LABS

Mahindra Defence Naval System has been working shoulder to shoulder with various Defence Research and Development laboratories, strengthening their hands in providing Indigenous solutions to our armed forces. Another feather was added to our cap, with our successful development of a key Recoil assembly for the ambitious 155 mm Gun project for



ARDE Pune which cleared the required trials. With the bulk production clearance received, we certainly have a busy tomorrow.



MIQ

F'16 HIGHLIGHTS OF MIQ

Mahindra Institute of Quality organised 182 training programme aggregating 12,450 man-days in 2015-16. These programme had an overall participant rating of 4.54. The year also saw introduction of 14 new programme.

Project-based teaching was one of the unique features of MIQ training; 340 improvement projects were completed by participants with a cumulative saving of Rs. 65 crores. MIQ also facilitated process improvements for 4 Mahindra group companies: Swaraj, SBU, NBS and MHRIL. MIQ, in collaboration with TechMahindra, launched the first-ever digitisation programme in Manufacturing - Industry 4.0 in March.

MIQ bid farewell to Bishwambhar Mishra, Director - MIQ, who retired on March 31, 2016. Bishwambhar restructured MIQ's offerings and was instrumental in launching several technology programme. Under his leadership, MIQ grew by 33 percent in the last three years.



HIGHLIGHTS OF THE MAHINDRA WAY IN F'16

The Mahindra Way assessed 24 companies during TMW Cycle 7, from May till September 2015, by a panel of 12 eminent assessors from India, US and Japan.

Mahindra First Choice Wheels Ltd., Mahindra Rural Housing Finance Ltd., Bristlecone Ltd., Mahindra World City, Mahindra CIE Automotive Ltd.- Stampings Division were awarded trophies.

Human Error Prevention (HEP), a tool so far used in vehicle assembly lines to prevent human errors, was employed by Tech Mahindra - BSG. Post application, it was found that quality scores improved from 75% to 95%.



SUSTAINABILITY

MAHINDRA LIFESPACES' 1ST URBANSCAPING INITIATIVE AT SION STATION

In January 2016, Mahindra Lifespaces, partnered Central Railways and Die Hard Indian, an NGO, to conduct its first 'Urbanscaping' project at Mumbai's Sion Station. Termed 'Mumbai Sparklers', the initiative's aim was to restore and beautify public spaces. Volunteers converged at Sion Station for a cause – the beautification of one of Mumbai's oldest and busiest railway stations through planting of trees, painting of walls and cleanliness drives. Anita Arjundas, Managing Director, Mahindra Lifespaces, while attending the initiative, said, "As pioneers of sustainable development in India, we believe that public spaces play an important role in shaping the ethos and identity of our urban areas. The Mumbai Sparklers Urbanscaping initiative is representative of our ongoing efforts to promote urbanisation best practices that leverage community participation to collectively nurture the future of our cities." Sion station is now cleaner, brighter, colourful and well-maintained due to the collaborative effort of nearly 500 volunteers, including students and employees of Mahindra Lifespaces.



A NEW, CEO-LED CONSORTIUM TO DRIVE SUSTAINABILITY IN REALTY

The International Finance Corporation (IFC), a member of The World Bank, in February, 2016, formed an industry-led Sustainable Housing Leadership Consortium (SHLC), comprising leading realty companies, to drive sustainability in the industry. Mahindra Lifespaces, as an early contributor to India's green buildings movement, joined four real estate companies to form the consortium. The founding members committed to make 100 percent of their housing portfolio sustainable by 2017 (through green-building certifications) and achieve 20 percent reduction in incremental variable costs, to promote greater adoption of green homes. The consortium will also provide leadership and advocacy for broader industry and government policy actions to make 20 percent of India's new housing construction sustainable by 2022.





MIQ CONDUCTS 2ND BATCH OF 'WASTE TO WEALTH' TRAINING

Mahindra Institute of Quality (MIQ) and Group Sustainability conducted the 2nd batch of training in 'Waste to Wealth' at Nashik on March 15-16, 2016. The training programme's objective was reducing, segregating, handling, utilising and recycling of waste as well as optimising and enhancing processes and efficiencies.

The 8th in a series of sustainability me at MIQ, the programme followed a two-pronged strategy on waste- reduction and reuse.

Less waste means less disposal cost plus conservation of natural resources and energy. This focus of reduction and reuse of waste is pervasive from the design to manufacturing and distribution of finished goods.

External faculty from Aim Enviro, Chanakya Institute of Public Leadership, Ecoreco, Taral Enviro, Samrudhhi, treeni, BARC, Sam Consultech and Laxmi Marketing Services shared their perspectives on circular economy, statutory requirements related to waste, energising waste, paper furniture, ecological treatment of waste water, solid waste management, electronic and bio medical waste.

Nearly 50 participants from the Auto, Farm, Swaraj, Reva, Two Wheelers, MRV, Mahindra Sanyo, Spares Business, Mahindra Intertrade, and Mahindra Holidays attended the training.

M&M IS 1ST INDIAN COMPANY TO JOIN GLOBAL INITIATIVE TO INCREASE ENERGY PRODUCTIVITY

The Climate Group, an NGO that works globally to promote clean technologies and policies, announced a new energy campaign - EP100 - that will work with businesses and governments in setting commitments to double their energy productivity and get more economic output from each unit of energy used.



EP100 also welcomed its first Indian partner, Mahindra & Mahindra Ltd. (M&M). By signing the EP100, M&M has committed to double its energy productivity by 2030, a core requirement for any business joining the campaign.

Energy productivity aligns energy efficiency more directly with business growth and development objectives. If more companies adopted energy productivity in their business models, the global fossil fuel bill could potentially be reduced by an estimated Euro 2 trillion and create more than six million jobs globally by 2020. Speaking on the occasion, Pawan Goenka said, "Sustainability is an integral part of Mahindra's approach to business from its inception over 70 years ago. With this significant new commitment to doubling our energy productivity in the next 14 years, we hope to lead the way for other partners to join us in this important move aimed at tackling climate change."

Krishnan Pallassana, India Executive Director, The Climate Group, said: "Enhancing energy productivity enhances organisational value and profitability. It also directly contributes to achieving national and global commitments emissions reductions. We are witnessing a global clean revolution that calls for a paradigm shift in energy generation and consumption; doing more with less energy simply is the way forward to a sustainable future."

The campaign operates in collaboration and alignment with The Global Alliance for Energy Productivity and the United Nations 'Sustainable Energy for All' programme.

LEADING COMPANIES PARTICIPATE IN CARBON PRICING WORKSHOP

The Mahindra Group, The World Bank's Carbon Pricing Leadership Coalition (CPLC), World Resources Institute (WRI), CDP and the World Business Council on Sustainable Development hosted a workshop in Mumbai in March 2016 to



explore the landscape for internally pricing carbon within Indian Inc., and encourage businesses to voluntarily take action on carbon pricing.

Progressive Indian businesses are the key to the country's transition towards low carbon development. With an increasing domestic policy push on renewable energy and rising fuel levies (among other initiatives), and stronger international stakeholder engagement, companies are exploring tools – such as voluntarily applying an 'internal' carbon price – to address risks and opportunities related to climate change policies.

More than 50 participants from leading Indian corporates such as M&M, Tech Mahindra, Mahindra Sanyo, The Tata Group, The Godrej Group, The Aditya Birla Group, Infosys, Wipro, JSW, Ricoh, ACC Ltd. (Holcim Group Co.) and Essar were part of an interaction titled 'Determine, Use, Declare'. The workshop discussion focused on identifying the role of internal carbon pricing with respect to overall business objectives and potential approaches to incorporate it within operations. Participants from Total, Rusal, Yale University, Japan-IGES provided global insights using an internal carbon price, and reflections on common questions global companies share with their Indian peers.

The highlights of the workshop were: 'Avoiding the right-price trap' and understanding how to determine the level of the carbon price; identifying approaches to use and apply an internal carbon price; and communicating and engaging stakeholders – publicly declaring methods and impacts related to the voluntary carbon pricing programme.

CSR

AWARDS AND RECOGNITION



M&M'S HARIDWAR PLANT RECEIVES CSR EXCELLENCE AWARD

Mahindra & Mahindra's Haridwar plant received the Best 'CSR Excellence Award in the field of Environment' in the Automobile category. Shri Harish Rawat, Chief Minister of Uttarakhand, and the Chief Guest at the award ceremony in Dehradun, appreciated M&M's CSR efforts covering tree plantation, toilet construction, sustainability awareness, Lifeline Express, vision correction and cataract surgery.

MTWL PITHAMPUR, WINS BEST CSR PRACTICES AWARD

Mahindra Two Wheelers Ltd. (MTWL), Pithampur won the Best CSR Practices Award in the large-scale category at the 1st Indore CSR Conclave held on February 20, 2016. MTWL won for its ESOPs activities conducted from January 2015-16, like the Lifeline Express, Drivers Training Programme, Vision Camp for Truck Drivers, Blood Donation camps and free HIV test camp.

MAHINDRA FINANCE RECOGNISED BY INDIA CSR AWARDS

Mahindra Finance was declared the winner in the Best Innovative CSR Project Category by the India CSR Awards. The award was selected as a case study on supporting incubation centres as part of our CSR project. The award ceremony was held at New Delhi in February 2016.

TECH MAHINDRA WINS ASSOCHAM AWARD

Tech Mahindra bagged the prestigious Assocham 'Responsible Organisation Award' 2015-16 for outstanding performance in social, environmental and economic sustainability, aligned across business and society initiatives. The award was presented by Shri Piyush Goyal, Union Minister of State (Independent Charge) for Power, Coal and New and Renewable Energy in New Delhi recently.

GOLDEN GLOBE TIGERS FOR TECH MAHINDRA FOUNDATION

Tech Mahindra Foundation, the CSR wing of Tech Mahindra has won global acclaim. It bagged the highly acclaimed Golden Globe Tigers Award 2016 at a conference held in Kuala Lumpur, Malaysia. The Foundation won two awards – for Best CSR Practice (at the organisational level), and for CSR Leadership (at the individual level).

SANITATION

SWARAJ BUILDS COMMUNITY TOILET BLOCK

The Swaraj Division of M&M constructed a toilet block near Gate No. 4 of Plant 1 under its Swachh Bharat Project.




MGTL PROMOTES RURAL SANITATION

MGTL constructed 41 toilets in Rayan Talavadi village near Vadodara to promote rural sanitation. The toilets were built at homes of the needy and an Anganwadi centre, to improve health and sanitation.



PROJECT GYANDEEP

MAHINDRA SUSTEN HELPS REDUCE SCHOOL DROPOUTS

Mahindra Susten under its Project Gyandeep, distributed 148 uniquely designed bags to school children across four schools in Rawra Village, Jodhpur, from March 14-16, 2016. The initiative was aimed towards reducing school dropout rates caused by lack of school bags, writing desks, and electricity. A bag that doubles up as a desk and has a mini solar LED study lamp was designed to create conducive learning environment for children.






ROAD SAFETY

MWC JAIPUR CELEBRATES ROAD SAFETY WEEK

Mahindra World City Jaipur celebrated the Road Safety Week that benefited 500 people. Various road safety initiatives under the 'Project Street Smart' were carried out during the period, with participation from clients, neighbouring communities and NGO partners.

MGTL CELEBRATES NATIONAL ROAD SAFETY WEEK

Mahindra Gujarat Tractor Ltd. (MGTL) celebrated the 27th National Road Safety week in association with the Traffic Police of Vadodara. S. O. Tyagi, Head, MGTL, and Saurabh Singh, ACP, Traffic Branch, Vadodara, inaugurated the week long campaign. Anand Mahindra, Chairman, Mahindra Group, inaugurated the programme and made a pitch for greater road safety.



BLOOD DONATION

SWARAJ

Swaraj Foundry Esops team and Swaraj Division Plant 1 organised the Jeevandaan blood donation camps on March 15 and 17, 2016. Viren Popli, COO Swaraj Division, inaugurated the camps. In all, 213 units of blood collected will be used by the Government Blood Bank in Chandigarh to treat Cancer and Thalassemia patients.

AFS NASHIK CONSTRUCTS CHECK DAM

Nashik Plant 1 constructed a check dam at Gavatha village, in partnership with Maharashtra Prabhodahani Seva Mandal, an NGO. With a storage capacity of 65 lakh litres, the dam can irrigate 34 acres of land. This initiative directly benefits 35 families for the second crop and indirectly benefits 532 persons.

MAHINDRA FIRST CHOICE SERVICES (MFCSL)

Mahindra First Choice Services Ltd. (MFCSL) organised a blood donation drive under its Project Jeevandaan on March 19, 2016 at its Head Office. Arpan Thalassemia Society coordinated with MFCSL for the initiative to support Thalassemia patients.

GRAM VIKAS RURAL DEVELOPMENT PROGRAMME AT MLL

Mahindra Logistics Ltd. (MLL) selected Aware Village, Shahapur, Thane, for its Gram Vikas Rural Development Programme. MLL collaborated with Sambhav Foundation in February 2014 for its village adoption programme.

MAHINDRA GROUP SPONSORS 3 LIFELINE EXPRESS PROJECTS

Mahindra AFS and Mahindra Finance sponsored three projects of 'Lifeline Express', the hospital on rails in 2015-16. The Impact India Foundation launched Lifeline Express in 1991 to serve rural areas that suffer with scarcity of medical services. The Lifeline Express positively affected 23,063 people in Bharatpur, Ghazipur and Bhadohi.



TEJAS – MAHINDRA POWEROL'S PROGRAMME FOR ITI STUDENTS

Mahindra Powerol launched 'TEJAS', an initiative for Industrial Training Institute (ITI) students across India. The training programme intends to educate students on the basics of power generating equipment. It includes a two-day workshop for all students and 90-day hands on training at its nearest OEMs/Dealerships for 10 per cent of the selected students. On completion of the course, students receive a 'Mahindra Powerol Trained Technicians' certificate.



REVA LENDS HELPING HAND TO DIFFERENTLY-ABLED

Mahindra Reva Electric Vehicles and the Association of People with Disability donated mobility aids and appliances to 171 differently-abled in Karnataka. Wheelchairs, calipers, crutches and hearing aids were distributed at four camps held in Bengaluru, Chikkaballapur, Bijapur, Gadag and Davangere districts.

PROJECT BANDHAN IMPACTS 2,453 LIVES

MVML conducted nearly 29 health camps from January-March 2016 at Taluka Khed villages under its Project Bandhan. Ante-Natal check-up Camps, Cancer screening/awareness Camps, and Health Camp for Children were conducted that reached out to more than 2,453 women and children.

SWARAJ TEAMS GRAB MAJOR TITLES AT AWIM OLYMPICS

Swaraj Teams represented by Saupins School and The Millennium School participated in the CSR Programme 'Awim National Jet Toy and Skimmer Olympics' at the Mahindra Research Valley, Chennai from January 22-23, 2016, and swept all the major titles. The Swaraj supported team from Saupins School represented India in Detroit, US International Olympics, on April 13, 2016. Jet Toy and Skimmer Olympics is Mahindra's Flagship CSR programme.

MAHINDRA FINANCE DONATES 12 AMBULANCES

Mahindra Finance supported 12 NGOs across India by donating 12 ambulances, strengthening its mission of transforming rural life. Vinay Deshpande, Chief People Officer, was the Chief Guest for the Ambulance donation activity to the Cancer Relief Society of Nagpur on March 22, 2016.

MAHINDRA FINANCE IMPLEMENTS EMPLOYEE SUGGESTED CSR PROJECTS

In FY 2015-16, Mahindra Finance invited suggestions from employees on new CSR ideas. Out of the 32 ideas received, two were implemented in March 2016. To improve the oral health of the under privileged in Assam, Mahindra Finance supported C-NES (Centre for North East Studies) in acquiring dental equipment at their Boat Clinic. Mahindra Finance also provided solar back-ups for uninterrupted power supply at operation theatres at Rural Health Centres at Umred, Nagpur, in association with the International Association for Human Values (Art of Living Foundation).

MWC JAIPUR PROVIDES STITCHING TRAINING COURSE

Mahindra World City Jaipur conducted an advance stitching training course for the Women Self Help Groups of Kalwara village. The advance training was part of the basic stitching training conducted by MWC Jaipur in 2014-15.




PROJECT NANHI KALI EDUCATES 100,000 YOUNG GIRLS

An event was held to celebrate Project Nanhi Kali's milestone of educating 1,00,000 young girls in Hyderabad. A Retrospective of movies that featured one of India's most celebrated actors Smita Patil, was held for 4 days. Her movies were chosen, as her portrayal of a strong, resilient woman who challenges gender discrimination and injustice is representative of all Nanhi Kalis.



NANHI KALIS WIN AT THE HYDERABAD KAYAKATHON

Eight out of 13 Nanhi Kalis from government schools in Nallagutta and West Marredpally in Hyderabad, won medals in the 'Under-14' category. After this



experience, Nanhi Kali Mehboobi said, "I want to compete at the national level, be a coach, feel the splash of water and sail alone – far away in the water".  The objective of such an initiative is to introduce different sports activities like sailing amongst Nanhi Kalis, spot their talent and give them a chance to excel in such competitive sports.

RUNNING FOR A CAUSE AT THE STANDARD CHARTERED MUMBAI MARATHON

In another key annual event, over 375 people participated in the Standard Chartered



Mumbai Marathon this year to support 2,344 Nanhi Kalis. 1,666 out of them are being supported by Anand Mahindra, Chairman, Mahindra Group, and Mumbai Marathon Change Icon.