MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

States Centres 16 150 In F23, over 15,000 Takneek plots were operated where farmers saw an average income per acre increase ranging from Rs. 5,000-Rs. 15,000 per acre (basis crop type and region). Krish-e saw a signif icant increase in the adoption of its 'Smart Harvesting Solution for Sugarcane' Technology, as Sugar Mills from across the country utilised Krish-e's state-of-the-art Artif icial Intelligence and Satellite based Remote Sensing powered solution to accurately predict sugar recovery and yield for over 50,000 acres, and to harvest sugarcane based on Smart Insights. In partnership with the AgTech start-up Carnot Technologies, your Company has made signif icant progress in scaling the presence of the unique IoT solution - Krish-e smart kit (KSK). Developed as a plug and play and brand agnostic IoT kit for the after-market, the KSK enables rental focussed equipment owners to track their assets in real time. In F23, 17,000 such kits were sold and installed, leading to an installed base of nearly 30,000 in India. 129 KRISH-E Your Company's Farming-as-a-Service business (branded Krish-e) is an innovative new business vertical conceived with the idea of ushering in a new digital age of farming in India. Carrying the tag line - 'Expert Takneek. Naye Upay. Parinaam Dikhaye' - Krish-e aims to increase farmer income through digitally enabled services, across the complete crop cycle - services that are progressive, affordable and accessible to farmers. During the year, Krish-e has expanded its on-ground presence and now has a presence in 16 states, through 150 Krish-e centres, all of which deliver physical and digital farm advisory services and sell both farm equipment and equipment IoT solutions. Many of the centr s also offer farm equipment on a rental basis and sell a range e of crop inputs including agrochemicals, bio-fertilizers and seeds. To trigger changes in farmer behaviour, Krish-e deploys on-ground advisory activities along with a digital advisory app on Krish-e Takneek plots (1 acre demonstration plots). Together they deliver signif icant and tangible increases in farmer income per acre, building trust and local relationships thus, facilitating the sale of farm equipment and inputs. MATERIAL DEVELOPMENTS IN HUMAN RESOURCES AND EMPLOYEE RELATIONS 'PEOPLE CONVERSATIONS' The heart of the talent management process is regular and intentional conversations on talent across the group, both at a business level and at a Group level . The Company's talent management process focusses on building succession strength, creating development journeys and learning interventions to attract, retain and develop top talent across the Group. At the Group level, this process is anchored through 'People Conversations' to provide an overview of talent across the Group and enable talent movements across sectors basis individual strengths and aspirations. Each sector anchors talent management and talent development through the respective Sector Talent Councils. kits sold and installed 17,000