MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2023-24

RISE TO BE FUTURE-READY 39 PROCESS OPTIMISATION AND EFFICIENCY Transformation in Vehicle Retail Financing Auto Sector Finance Genie, the auto industry's first end-to-end dealer assisted vehicle financing platform, leverages seamless integrations with 14 leading financers (6 live and 8 in the pipeline) to empower our dealers to generate tailored loan offers for customers, create loan applications in under 5 mins and track real-time application status. As of F24, over 2,200 offers have been generated using Finance Genie and more than INR 15 crore have been digitally disbursed. Improved Decal and Tyre Inspection System Farm Sector Using machine vision cameras and deep learning technology, we monitor tractor decal fitments and tyre correctness and trigger a stoppage of the conveyor in case of any discrepancy. This ensures accurate tyre placement, improves quality control and reduces re-work costs. Ski-rack Mismatch Detection Auto Sector The advanced Ski-rack mismatch detection system, deployed at AS Chakan, accurately identifies vehicles with mismatched ski-rack fitment, generating realtime alerts for immediate corrective action. HPC on Cloud AFS 'High Performance Computing (HPC) on Cloud' enables engineering teams to innovate and improve product performance through design simulations, thereby reducing time-to-market, higher ROI, and accelerated growth. On Cloud Optimisation Group-wide On Cloud Optimisation is focussed on achieving sustainable and optimised cloud usage to improve Return on Investment (ROI) through strategies such as snoozing, clean-up, right sizing, open-source adoption, and containerisation.

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