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

195 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS II. PRODUCTS/SERVICES 14. Details of business (accounting for 90% of the Turnover) S. No. Description of Main Activity Description of business activity % of Turnover of the entity 1 Manufacturing Motor vehicles, trailers, semi trailers and other Transport Vehicles 91.2 15. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): S. No. Product/Service NIC Code % of total Turnover contributed 1 Automotive 29101, 29102, 29103, 29104, 29109, 28243 64.75 2 Farm Equipment 28211, 28212 26.41 III. OPERATIONS 16. Number of locations where plants and/or operations/offices of the entity are situated: Location Number of plants Number of offices Total National 38 111 149 International – 3 3 17. Markets served by the entity: a. Number of locations Location Number National (No. of States) 28 States and 6 Union Territories International (No. of Countries) 3 b. What is the contribution of exports as a percentage of the total turnover of the entity? 5.94% c. A brief on types of customers Th e Company serves various customers including urban population, rural population, government and corporates, SMEs, agricultural and non-agricultural business and tours and travels amongst others.