MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2023-24 28 Key Highlights Sustainable Development Over 35 million square feet of residences developed, and over 5,000 acres of integrated cities built. Environmental Leadership A fully green portfolio since 2014 and launched India's first net zero energy and waste projects. Achievements in F24 Launched 8 new residential projects. Gross Development Value (GDV) INR 4,400 crores of GDV acquired, 4X the value of the previous year. Sales Performance Achieved the highest ever residential sales, with residential pre-sales amounting to INR 2,328 crores (28% growth YoY). MAHINDRA HOLIDAYS Founded in 1996, Mahindra Holiday and Resorts India Limited (MHRIL) offers quality family holidays. Known for its flagship brand 'Club Mahindra', the company values reliability, trust, and customer satisfaction. Club Mahindra has over 2,81,000 members and provides access to more than 125 resorts in India and abroad. As the leading vacation ownership brand in India, Club Mahindra's expansion plans and innovative offerings in hospitality highlight our strategic focus on enhancing customer experience and expanding market reach for Emerging India and its aspirations. Strategic Imperatives Ÿ Aim to double the cumulative room inventory from 5,000 in F23 to 10,000 by F30. Key Highlights Market Leadership Recognised as the No.1 vacation ownership company outside the USA. Sustainability Initiatives Established India's first triple net zero resort in Madikeri. Achievements in F24 Operational Excellence Achieved a robust occupancy rate of 85%. Membership Growth Member additions increased by 15%, with upgrades up by 16%. Inventory Expansion Room inventory grew to 5,375 keys, up 9% from the previous year. MAHINDRA LOGISTICS Mahindra Logistics is India's leading Integrated Supply Chain and Mobility Solutions provider, operating across various segments including contract logistics, B2B express, last mile delivery, freight forwarding, and mobility. With strategic initiatives like the launch of an integrated Tech stack and expansions in Network Services, Mahindra Logistics exemplifies our commitment to leveraging technology and innovative practices to enhance service delivery and expand market presence. Strategic Imperatives Technology Innovation Launch an integrated Tech stack (LogiOne) to create transformative and differentiated tech capabilities. Integrated Solutions Increase focus on Total Cost of Ownership (TCO) versus purchased cost. Create a competitive advantage with clients and access a higher share-of-wallet. Network Services Expansion Expand services in Express B2B, Global Freight Forwarding, Last Mile Delivery, and EV Cargo.
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