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

COMPANY OVERVIEW RISE TO CREATE VALUE RISE TO BE FUTURE READY RISE FOR A MORE EQUAL WORLD CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS Manufacturing NEXT Chakan plant was awarded the highest GOLD rating in the India Green Manufacturing Challenge 2023. This national program, in collaboration with CNBC TV18, recognises manufacturing firms that have made significant strides in improving sustainability in their facilities. We have established a programme to enhance our digital infrastructure, accelerating our digital transformation efforts and positioning ourselves as a technology leader. Through advanced analytics and automation, we aim to achieve signif icant impact and eff iciency gains. DIGITAL TRANSFORMATION LEVERS Connected Supply Chain Sustainable Manufacturing Operational Efficiency Predictive Quality Predictive Equipment Digital Workforce Cybersecurity Management Considering the growth in business volume and new product launches, state-of-the-art industrial control security systems have been implemented to protect IT assets from threats. Additionally, Application Performance Management (APM) systems have been initiated to proactively manage business interruption risks. MANUFACTURING MILESTONES - AS Chakan Plant l Crossed 2.5 Lakh vehicle production - highest ever in a year by any plant l Cumulative vehicle production crossed 1.6 million since inception Nashik Plant l Produced 1.84 lakh vehicles. This is the highest ever production by the plant l Scorpio assembly line alone produced more than 1.1 lakh vehicles, includes the brands Thar and Scorpio Classic Kandivali Plant l Achieved highest ever vehicle production with more than 1 lakh vehicles l Produced 6 lakh+ axles and 3.9 lakh transmissions in F23 – a record for the plant 11