annual-report-FY2021

204 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Planting Master Potato + • Planting Master Potato + is a precision potato planter that ensures a high level of singulation and no missing potato seeds. • The planter ensures that potatoes are planted accurately, with uniform depth and seed to seed distance. • Doorstep service including finance options and a 1-year Manufacturing Warranty. • 20-25% increase in yield, over traditional methods. • Fertilizer dispensation in one go with planting as Variant. 3. Tractors (Farm Division) XP Plus Tractors with MLift Hydraulics • 2 HP engine power increase to have better productivity & performance. • New cost-effective Precision Hydraulics which will be useful specially in potato farming belts like Agra etc. • This Precision Hydraulic design also Eliminates perennial field issue of water entry through top link spindle, has Auxiliary valve provision, Ergonomic controls and under floor panel pipeline resulting to customer satisfaction. • Positive feedback from Customers has led to a projection of additional volumes i.e. F22 - 6300 and in F23 - 7350 tractors which in turn will increase market share and revenue generation for organization. Mahindra YUVO • Launched YUVO P2 Models 585 DI (49.96 HP) 2WD/4WD variants with SLIPTO and, 585 DI BKT High lug tyres as a variant to address higher HP puddling requirement. • To meet customer demands of very good ergonomics in 45 – 55 HP in USA market, new model 5100 series SOP started and being launched in USA. • With the growing demand for the upgradation of the existing models of NST (New Styling Tractor) Variants, Mahindra NST Refresh model has been launched with 2 HP power increase and launched model 42 HP, 44 & 47 HP (RCRPTO Variants) apart from 44 HP & 47 HP launched in last year. Mahindra JIVO • Mahindra JIVO brings unmatched power with its fuel efficient, robust, 2-cylinder, Direct Injection (DI) engine to carry out all intended operations with ease. • Higher PTO HP, optimized power loss & unique architecture with high end technology offers multi-application suitability with excellent performance. • Mahindra JIVO ensures greater profits to the customer because of its low maintenance, best in class mileage, and easy spare part availability along with low cost. • The new Mahindra Jivo is also available in 20hp-4WD for Vineyard and Orchard specific requirements to meet most of the applications with lesser fuel consumption. • JIVO Refresh is launched with improved NVH levels to reduce fatigue levels of the customer. • JIVO 305 tractor with higher PTO power is introduced to support Vineyard farmers in spraying applications. Mahindra NOVO • Novo is available in 50 - 95 hp Engine power range globally both in Open Station and Cabin with HVAC version, which can handle more than 40 farming applications in different soil conditions with longest service interval of 400 hours. • To make it suitable for wide range of applications, it is available with 3 transmission options viz., Mechanical 15x3 transmission, Mechanical Shuttle (15x15) and Power Shuttle (15x15) along with an optional Creeper gearbox as well. • Novo delivers uniform and consistent power in all applications and soil conditions and is ergonomically designed, low on maintenance and has best in class fuel efficiency. Novo, also known as 6000 & 7000 series in some countries, is one of the most rugged tractors in its class. • Novo tractors have been equipped with Tractor Mounted Combine Harvester (TMCH) as prime mover. TMCH is a futuristic machine which reduces farmers’ harvesting time comprehensively and improves grain quality.