Sagar 77th Edition - Lumax - April to September 2024

PARIVARTAN THRU POWER OF ONENESS

Inspiration

Dear Team,

I am delighted to share that the past six months, from April to September 2024, have been highly engaging and productive for the Lumax Group.

In the previous fiscal year, Lumax Industries achieved a revenue of ₹2,637 Crore, reflecting a 13.7% year-over-year growth. The Company recorded an EBITDA of ₹266 Crore, demonstrating a 19.6% increase compared to the previous year.

Lumax Auto Technologies delivered a stellar performance with a revenue of ₹2,822 Crore, marking an impressive 53% growth over FY 2022-23. EBITDA reached a historic high of ₹413 Crore, with margins standing at 14.6%. These financial achievements are a testament to the unwavering dedication of our employees and the strategic leadership provided by our management team.

It is both humbling and gratifying to receive numerous awards and recognitions from our valued customers. These accolades motivate us to continually strive for excellence in innovation,

Additionally, we have been honoured with further reinforcing our commitment to excellence.

To enhance our ability to deliver world-class solutions, Lumax Industries inaugurated a new facility in Chakan-Pune, Maharashtra, and embarked on an expansion at our plant in Bawal, Haryana. We were privileged to welcome our esteemed customers and partners to these facilities, where we engaged in meaningful and forward-looking business discussions.

As we progress through this year, I would like to underscore our unwavering commitment to transformation through our Environmental, Social, and Governance (ESG) initiatives. This roadmap is not merely a set of guidelines; it is a reflection of our deep-rooted dedication to sustainable practices, social responsibility, and robust governance.

Our recent announcement regarding the acquisition of Greenfuel Energy Solutions Private Limited is a strategic step in alignment with our sustainability goals. We are excited about this new chapter and look forward to completing the formalities and initiating a fruitful collaboration. We warmly welcome the Greenfuel team and are eager to work together towards shared success.

The Lumax group has received many awards from the OEMs. It is a recognition of the exceptional dedication, passion, and commitment of the individuals or teams in delivering outstanding customer service. We appreciate your relentless dedication and commitment towards the organisation and its customers.

Moving forward, we will continue to integrate ESG principles into every facet of our operations, fostering a culture of accountability and innovation. By aligning our strategies with these values, we aim to enhance business resilience, drive long-term growth, and make a positive impact on the communities we serve.

Let us work collectively to make this year a remarkable milestone in our journey towards sustainable transformation.

Best regards,

DK Jain Chairman Emeritus

GUESTS AT LUMAX

In May and June 2024, Top Management from Nidec Mobility team visited Lumax Industries - Electronics Division in Bawal and Lumax Yokowo in Gurugram. The visit included Mr Kazushi Kadogaki, Vice President - Production Division, Mr Shuji Yamashita, Manager - Power Electronics & Body System Business Division, Mr Hideyo Kakuno, Chief Manager - Strategy Planning Group, and Mr Kenichi Kimbara. The team reviewed our LF Antenna manufacturing processes at Lumax Yokowo, the Electronics manufacturing processes at Lumax IndustriesElectronics Division and provided invaluable feedback. We are thankful to Nidec Mobility’s top management for their suggestions, which will help us refine our processes and continue delivering high-quality products.

STANLEY VISIT

Lumax Industries Limited – Bawal (Electronics Division) hosted Mr Yasuaki Kaizumi, President and Mr Toru

They reviewed the ongoing manufacturing processes during their visit and took a tour of the plant.

VW VISIT AT LUMAX INDUSTRIES LIMITED

Mr Sachin Kulkarni, Purchase Director from Volkswagen (VW), visited Lumax Industries Limited - New Plant Chakan in July 2024 to discuss new business opportunities. During his visit, Mr Kulkarni reviewed the progress of our new business development initiatives and assessed our manufacturing processes. As part of his visit, he also participated in a tree-planting ceremony within the premises, symbolising our commitment to environmental sustainability. We are grateful to the top management at VW for their valuable suggestions and feedback, which will help us enhance our operations and strengthen our partnership moving forward.

NEW CHAKAN PLANT

GUESTS AT LUMAX

TEAM HONDA VISIT TO LUMAX INDUSTRIES - ELECTRONICS DIVISION

In August 2024, Lumax Industries Limited - Electronics Division hosted the Senior Management Team from Honda Motorcycle and Scooter India led by Mr Sanjeev Jain, Mr Yuichi Akita, Mr Kamal Garg, Mr Anurag Kalra, Mr Vikas Kapoor, Mr Sunil Ojha, and Ms Lalita.

The team, led by Lumax Group Chairman Mr Deepak Jain, interacted with the Lumax members, took a plant tour to oversee the manufacturing processes and interacted with members on the shop floor. The visit provided an excellent opportunity to showcase our operational excellence, technological capabilities, and commitment to quality while fostering deeper collaboration and mutual understanding.

TEAM SMC 2-WHEELER JAPAN VISIT TO LUMAX INDUSTRIES - ELECTRONICS DIVISION BAWAL

In June 2024, we had the pleasure of hosting Dinesh San, Deputy Manager, Nagayoshi San, and Shibayama San, Assistant Manager, from Suzuki Motor Corporation, Japan, at our Lumax IndustriesElectronics Division Bawal facility. The purpose of their visit was to monitor and assess our soldering processes, ensuring they meet the high standards of excellence expected by Suzuki. We are thankful for their support and guidance, which are key to achieving our manufacturing goals. At Lumax, we are committed to continuous improvement and delivering positivity.

PANTNAGAR

In June 2024, we were gratified to welcome Mr Mangesh Kulkarni, the SQA Head (General Manager) of TATA Motors, along with his team, to Lumax Industries Limited-Pantnagar. We appreciate their interest in our operations and look forward to strengthening our partnership with TATA Motors.

We had the privilege to host Kamei San from Honda, Japan, Tsunoda San, Ryo Idera San, Hitesh San, Rahul San, and Braj San from Honda, India, as well as Kazutaka San, Naoharu Matsuda San, Nanang Sarwono San, and Winvol

Gurugram. Their recent visit involved a comprehensive review and audit of our processes and product quality.

This visit underscores the importance of collaboration in achieving excellence, as their insights and guidance are instrumental in our commitment to delivering world-class products. The constructive feedback from Team Honda

We sincerely appreciate their support, which strengthens our partnership and drives us toward shared success.

Sangamner College at the LATL-Waluj plant. The visit included a briefing about the company, a round of the

In April 2024, we welcomed journalists and media professionals from various publications to Lumax Cornaglia Auto Technologies, Pune for a familiarisation trip. This visit was an opportunity to showcase our state-of-the-art facilities, innovative processes, and the incredible work being done by our team. We are grateful to the media for their keen interest and look forward to building strong, lasting relationships as we continue to push the

LUMAX AUTO TECHNOLOGIES PARTNERS WITH GREENFUEL

In September 2024, Lumax Auto Technologies (LATL) agreed to acquire a majority stake in Greenfuel Energy Solutions, entering the green and alternate fuels sector, including CNG and hydrogen. The partnership will leverage Greenfuel's expertise to the alternate fuels market. Greenfuel's founder, Mr Akshay Kashyap, will continue managing the company. LATL executives, Mr Deepak Jain and Mr Anmol Jain emphasised their focus on growth through strategic partnerships. The transaction was advised by KPMG and Grant Thornton.

We are delighted to share that the Bhumi Poojan and Ground Breaking Ceremony recently took place at Lumax Industries Limited - Bawal (Lighting Division). This ceremony is not just about expanding our physical space—it is about expanding our horizons, increasing our capacity to innovate, and strengthening our ability to serve our customers better. With this 6000 sqm expansion, we are positioning ourselves to meet the growing demands of the market and solidifying our leadership in the automotive lighting industry. June 2024 marks the start of a new chapter, and we are excited about the possibilities it brings.

focus of the automotive industry on sustainability. The conference served as platform for the supplier partners to better understand the Lumax's future goals and how they can align themselves with those and also interact and highlight the challenges they face in day to day operations.

EVENTS

ANNUAL MANAGEMENT MEET FY2025

map out the path for FY2024-25. We didn’t just set targets; we imagined a future filled with possibilities.

journey of transformation. Here's to the road ahead, paved with ambition and driven by unity!

DVN India Workshop is an event hosted by "Driving Vision News" (DVN), a platform focused on automotive lighting technology which brings together experts from the industry to discuss the latest advancements, design

This prestigious platform provided Lumax with the opportunity to showcase its leadership in automotive lighting

Engaging with industry stalwarts and global experts, Lumax reinforced its position as a key player in the automotive lighting sector. The workshop served as an excellent occasion for meaningful interactions, knowledge exchange, and strengthening collaborations, further cementing Lumax's role in driving cutting-edge

This event brought together over 450 professionals from 130+ companies and 21 exhibitors.

EVENTS

LUMAX AUTO TECHNOLOGIES PRODUCT

DISPLAY AT PUNE

Lumax Alps Alpine India and Lumax JOPP Allied Technologies displayed their new range of premium automotive solutions to Team Mahindra and Mahindra led by Mr Vinod Sahay, President - Aerospace & Defence, Chief

Manager - VES and PTD - CDMM, Mr Chirayu Desai, General Manager - Strategic Sourcing at Chakan, Pune. This exclusive lineup highlights Lumax Group's commitment to innovation, quality, and cutting-edge technology, providing enhanced performance and style. The product display served as a platform to demonstrate Lumax Group's capability to deliver superior solutions that align with Mahindra’s vision for excellence in design and functionality, further strengthening our partnership and commitment to driving the future of automotive innovation.

In May 2024, Team Lumax Cornaglia - Pune embarked on a journey towards Sustainable Manufacturing and brainstorming sessions on TPM Declaration topics. This ceremony is a commitment to setting new benchmarks in manufacturing excellence. We are confident that with the dedication and passion of our team, we will

HANBUNKA (HALF) MONTH AT LUMAX INDUSTRIES LIMITED – PANTNAGAR

Lumax Industries Limited inaugurated Hankbunka (Half) month at Lumax Industries Limited in Pantnagar. This

ceremony began with a symbolic lamp lighting and ribbon-cutting, attended by esteemed auditors Mr Sukesh Bhanot and Mr Tarun Goyal from International Tractors Limited, along with our department heads. 'Hanbunka' (Half) Month reflects our commitment to continuous improvement and delivering quality products to our valued

JSW MG MOTOR INDIA QUALITY IMPROVEMENT AND PPM REDUCTION DRIVE

MSSWA GOLF TOURNAMENT & LUNCH IN MARCH, 2024

In March, 2024, the MSSWA Golf Tournament was held at Karma Lakelands Golf Resort in Gurugram. Mr Anmol Jain, Group Managing Director - Lumax Group and Mr T. Aoki, Executive Director - Lumax Industries participated in the tournament. Following the event, Mr Deepak Jain, Chairman & Managing Director - Lumax Group and Mr T. Masuda, EVP - Lumax Industries also joined.

EVENTS

ANNUAL GENERAL MEETING EVOLVING, INNOVATING, TRANSFORMING FOR TOMORROW

Lumax Industries Limited continues to demonstrate its commitment to innovation and growth in the automotive lighting sector through strong collaboration and technological advancements.

In the previous fiscal year, Lumax Industries reported a revenue of INR 2,637 Crore, representing a 13.7% year-on-year increase. The company achieved an EBITDA of INR 266 Crore, reflecting a 19.6% year on year growth.

EXPAND.

ENHANCE. EXPEDITE.

Lumax Auto Technologies Limited (LATL) is at the brink of transformational growth, seizing opportunities while remaining committed to its core vision as a multi-solution provider and a key growth driver within the Lumax Group. Lumax Auto Technologies Limited achieved exceptional financial performance, reporting revenues of INR 2,822 Crores—a 53% surge over FY 2022-23.

In September 2024, we held our 43rd Annual meet FY 2023-to discuss our stellar performance and Lumax Auto Technologies Limited’s focus on pushing boundaries, achieving milestones, and unlocking potential. Lumax Auto Technologies Limited achieved exceptional financial performance, reporting revenues of INR 2,822 Crores—a 53% surge over FY 2022-23.

EVENTS

WE ARE 16! GOING STRONG WITH 150+ YEARS OF EXPERIENCE

As Lumax Tours & Travels celebrates its 16th anniversary, we are excited to introduce our passionate team of travel experts, dedicated to transforming your business travel and dream vacations into reality. A huge shout-out to our amazing team for 16 years of exceptional service and unforgettable experiences, and heartfelt thanks to our clients and everyone who has been a part of this incredible journey!

INAUGURATION OF 1260 KW ROOFTOP SOLAR ENERGY SOURCE

Lumax Industries Limited - Chakan plant 3 inaugurated its 1260 KW Rooptop Solar installation - a significant step

Industrial Park, Chakan II, this initiative will help reduce Lumax's carbon footprint and provide valuable cost savings. This inauguration marks another milestone in Lumax's journey towards a greener and more sustainable future.

We are proud to announce the inauguration of our new crèche facility at the Lumax Cornaglia Auto TechnologiesChakan plant. Inaugurated by the young and vibrant Ms Bhagyalaxmi, daughter of Ms Arundhati Routray, Assistant Manager - HR and Administration, this facility represents our commitment to employee well-being. We understand

environment for our employees’ children. It is a small but significant step towards fostering diversity and inclusivity

We are thrilled to announce the enthusiastic participation in the Kaizen competition held held at Lumax Auto Technologies Limited - Pantnagar in June 2024. Although we appreciate all the teams that performed, a few teams excelled: Congratulations to Team Agni for securing first place, followed by Team Arjun in second place and Team

AUDITS AND EVALUATIONS

EHS AUDIT AT LUMAX AUTO TECHNOLOGIES LIMITEDPCNTDA

An EHS audit (ISO 45001:2018 & ISO 14001:2015) was conducted at Lumax Auto Technologies Limited - Pune by DNV, led by external auditor Mr Parag Chandratreya in June 2024. We are pleased to report that the audit was successfully completed with zero non-conformities (NC).

QAV AUDIT

In June 2024, Lumax Alps Alpine India Private Limited welcomed auditors Sandeep San, Gajanan San, Anil San, Sagar San, Aniket San and Dinesh San from Hitachi Astemo FIE Private Limited for a QAV1 audit. These audits are critical to ensure that our manufacturing practices and quality systems align with established standards and customer expectations. It plays a vital role in identifying areas for improvement, driving consistency, and reinforcing our commitment to delivering zero-defect, world-class products.

AWARDS AND RECOGNITIONS

MSVC 2024

Landmark day for Lumax World at Maruti Suzuki Vendor Conference 2024 at Antalya - Turkey as we won 4 awards from MSIL in following categories:

Part design & development award for IAC India.

VA VE award for Lumax Auto Technologies Ltd.

EXCELLENCE IN FINANCE LEADERSHIP

A financial leader is the foundation of an organisation's stability and growth, providing strategic vision, fiscal discipline, and value creation. Mr Sanjay Mehta, Group CFO has been esteemed with CFO of the Year award for Dynamic Team Leadership, while Mr Ashish Dubey has been recognised as the Best Finance Leader of well-deserved recognition. Their accomplishment is an inspiration for everyone to continue striving for greatness and driving the organisation forward.

Financial

award for

Supplier Collaboration Initiatives award for Lumax Group

Prudence

Lumax Mannoh Allied Technologies ltd.

AWARDS AND RECOGNITIONS

DEVELOPMENT PARTNER AWARD LATL - ACCESSORIES DIVISION

We are happy to announce that Lumax Auto Technologies Limited - Accessories Division has been honoured with the Development Partner Award for 2023-2024 by Tata Motors - Genuine Accessories Business. This recognition is a testament to our unwavering commitment on delivering high-quality, innovative automotive accessories and our strong relationship with Tata Motors. The award highlights development goals and maintaining excellence. We are proud of this achievement and remain dedicated to driving forward with continued innovation and collaboration.

QUALITY EXCELLENCE AWARD LUMAX INDUSTRIES LIMITED

A proud moment for the Lumax Group as Lumax Industries Limited (LIL) has been honoured with the Quality Excellence Award at the Tata Motors Annual Supplier Conference 2024. This prestigious recognition is a testament to the unwavering dedication and hard work of our teams, who consistently strive for excellence and innovation in delivering top-quality products. We extend for their continuous guidance and support. Together, we move forward with renewed commitment, driving the future of automotive excellence!

SUSTAINABILITY EXCELLENCE AWARD LUMAX INDUSTRIES LIMITED

Yet another proud moment for the Lumax Group as Lumax Industries Limited (LIL) has been honoured with the Sustainability Excellence Award at the Tata Motors (CV) Annual Supplier Conference 2024. This recognition is a testament to the commitment towards sustainability journey. We extend our heartfelt thanks to Tata Motors for guidance and support. Together, we move forward, driving the future of automotive excellence!

AWARDS AND RECOGNITIONS

We are pleased to announce that Lumax Industries Limited has been honoured with the Award for Best Cost Improvement by Suzuki Motorcycle India Pvt. Ltd. at their Annual Supplier Conference 2024. It is a testament to the hard work, collaboration, and innovative thinking that our team brings to the table every day. By working hand-in-hand with our customer, we’ve achieved a solution that benefits everyone—proving that when we work together, we can achieve remarkable things.

Lumax Industries - Chakan plant has been awarded the Mahindra-SPD at their recent supplier conference. This achievement is a reflection of the relentless dedication and hard work of our team, who go above and beyond to meet and exceed customer expectations. It is a testament to our commitment to excellence and our unwavering focus on delivering quality on time. Congratulations to the entire Chakan plant team for this well-deserved recognition!

Lumax Ancillary Limited—Rudrapur has been awarded the Appreciation Certificate for its cooperation and active participation in the Annual Survey of Industries 2024, conducted by the Ministry of Statistics & Programme Implementation, Government of India. This award underscores Lumax Ancillary Limited's commitment to contributing valuable insights and data that aim to strengthen India's industrial growth. Congratulations to the entire team for their dedication!

Lumax Tours & Travels has been recognised as “Top Performing Partner” by Indigo Airlines for the year 2023-24.

Kudos to the Travel Team on achieving this recognition!

Your commitment to excellence and your dedication to Lumax are deeply appreciated. Together, we take pride in your achievements and thank you for being an integral part of our journey. Here’s to many more years of success together!

AWARDS AND RECOGNITIONS

GOLD AWARD AT QCC

Teams from the Lumax Industries—Dharuhera plant won two Gold awards and one Silver award at the 18th Chapter Convention on Quality Concepts organised by QCFI. With this year's theme, 'Investing in People, Building a Better Future,' our teams showcased innovation, commitment, and excellence.

Prime Innovators - Gold Award

Innovative Insights - Gold Award

Benchmark Builders - Silver Award

FOUR GOLD AWARDS AT THE 17TH QCFI CHAPTER CONVENTION

Four teams from Lumax Group secured Gold Awards at the 17th Chapter Convention on Quality Concepts, organised by the Quality Circle Forum of India (QCFI) in Katra, Jammu & Kashmir. This achievement reflects their relentless dedication, teamwork, and commitment to excellence.

enhancing quality, and driving innovation within the organisation.

The award-winning teams include:

Team Jagriti - Lumax Industries, Gujarat (Participated Virtually)

Team Yodha - Lumax Industries, Bawal (Participated Virtually)

Team Amber- Lumax Industries, Dharuhera

Team Riser - Lumax Mannoh Allied Technologies, Manesar

Their hard work, meticulous approach, and passion for achieving the highest standards are setting new benchmarks for others to follow.

We commend their unwavering commitment to upholding Lumax’s core value of excellence.

AWARDS AND RECOGNITIONS

CCQC WESTERN REGION 2024-25

Teams representing Lumax Group have achieved remarkable success at the 39th Annual Convention of Quality Circle Forum of India held in Pune.

Gold Award - Team Kings from LIL Chakan II

Gold, Silver, and Bronze Awards - Teams from LIL Chakan III

Gold Award - Team Jupiter from LATL - Pune (Metallic Division - Kuruli)

Gold Award - Team Unnati from LATL - Pune (Metallic Division - PCNTDA)

These achievements highlight the dedication and commitment of Lumax towards excellence in quality.

PLATINUM AWARD AT

commitment to excellence by enhancing capacity through cycle time reduction and eliminating changeovers using lean manufacturing tools. This award is more than a trophy; it is a testament to our dedication to innovation and our relentless pursuit of improvement. We are excited to see Team Sunshine continue their journey as they compete for

Lumax Industries Limited - Bengaluru won the 1st Prize Platinum Award in the Innovation category at the 49th CII

empowering managers to analyse performance, review standardised work processes, and identify and address waste (Muda), unevenness (Mura), and overburden (Muri). This training also emphasised alignment with Total Productive Maintenance (TPM) and Sustainability principles. The comprehensive 4-day certification program included 2 days of theoretical sessions followed by 2 days of Gemba (shop floor) implementation.

AWARENESS SESSION ON HOSHIN KANRI & OBEYA ROOM CONCEPT

Awareness sessions were conducted on the Hoshin Kanri and Obeya Room concepts at Lumax Auto Technologies Limited Pantnagar, which was also attended by members of the Lumax Industries Limited Pantnagar team. The session was led by Mr Nagaraju Nanjundaiah and lasted for 132 hours. In total, 14 participants from Lumax Auto Technologies Limited Pantnagar and 8 participants from Lumax Industries Limited Pantnagar took part in the training.

TRAININGS

TRAINING: FINANCE FOR NON-FINANCE

To enhance financial literacy across our diverse workforce, Mr Ashish Dubey, CFO, Lumax Auto Technologies Limited, organised Finance Training Sessions for non-finance members. These sessions were to strengthen financial concepts

between financial and non-financial departments, we aim to foster a more integrated and informed approach to business operations. These sessions empower Lumax team members to understand financial reports, contribute to cost optimisation, and make data-driven decisions that support our organisation's growth and success. This is our commitment towards professional development of our teams.

BLS TRAINING PROGRAM

A Basic Life Support (BLS) training program was organised for Lumax Auto Technologies Limited employees in collaboration with the Charles Institute in Pune. This program taught essential life support techniques and participants who successfully completed the training received certification valid for two years.

TRAININGS

FIRE SAFETY TRAINING & MOCK DRILL

Safety is more than a priority at Lumax—it is a core value. In our ongoing commitment to Zero Accidents/Zero Fires, Lumax Industries Limited - Pantnagar recently organised a comprehensive Fire Safety Training and Mock Drill. Participants learned about occupational hazards, safety procedures, and the location of safety equipment, ensuring they are well-prepared to handle emergencies. We encourage open communication and a proactive approach to safety, and we are grateful to everyone for making safety a daily habit. At Lumax, we are not just safeguarding our people; we are fostering a culture of care and responsibility.

EMERGENCY EVACUATION MOCK DRILL AT LIL - BAWAL LIGHTING DIVISION

An emergency evacuation mock drill was conducted at Lumax Industries Limited - Bawal Lighting Division on August 28, 2024. The drill aimed to assess preparedness and ensure that all employees were familiar with evacuation procedures in the event of an emergency.

MOCK DRILL AWARENESS SESSION AT LIL PANTNAGAR

A mock drill awareness session was organised at the Lumax Industries Limited Pantnagar premises in September, 2024, to strengthen emergency evacuation procedures.

TRAININGS

INVENTORY MANAGEMENT TRAININGS

Inventory Management Trainings were successfully conducted at several of our plant locations, aimed at enhancing control, reducing waste, and improving overall supply chain performance. By equipping employees with advanced production processes.

The initiative underscores our commitment to continuous improvement and operational excellence, enabling our Trainings were held at Lumax Auto Technologies and Lumax Mannoh Allied Technologies - Manesar and Lumax Cornaglia Auto Technologies and Lumax Industries Limited - Chakan (New) - Pune.

SUCCESSFUL AWARENESS SESSION ON SUPERVISORS' ROLES AND RESPONSIBILITIES AT LUMAX AUTO TECHNOLOGIES LIMITED PANTNAGAR

We are excited to share that we successfully held an awareness session at Lumax Auto Technologies Limited Pantnagar on Supervisors' Roles and Responsibilities, emphasising safety, productivity, and quality. Key actions include mandatory Safety Oath, identifying unsafe acts, monitoring the shop floor, improving ergonomics, eliminating losses, and ensuring defect-free materials through a daily defect matrix. A total of 23 team members

TRAININGS

SUPERVISORY DEVELOPMENT TRAININGS

We are pleased to announce the successful completion of three batches of our Supervisory Development Program, which has trained over 60 front-line supervisors across the Lumax Industries Limited Pune region plants. Also, a one-day Supervisory Development Training Program was held at Lumax Industries Limited, Chakan, under the guidance of trainer Ms Urja Patil. This program focuses on essential topics, including Time Management, Communication, Empathy, and Leading by Example. The initiative aims to enhance the skills and capabilities of front-line supervisors at various locations, including Lumax Industries Limited Chakan II, Lumax Industries Limited Chakan III, Lumax Industries Limited Chinchwad, and Lumax Auto Technologies Chakan. By investing in their development, we are fostering a culture of leadership that supports both personal growth and overall organisational success. Thank you to all participants for their commitment to professional development and to the trainers for delivering an impactful program.

BAJAJ CLUSTER-LEVEL TRAINING ON BEST HR PRACTICES

To enhance knowledge about HR practices, Mr Lokesh Singh, Assistant Manager from the HR Department organised a training session in May 2024 regarding “Best HR Practices, Especially of the E&T Pillar” at the Bajaj Cluster level. This session was attended by all Cluster E&T members, including Mr Amandeep Kakkar, Plant TPM Manager - Bajaj Auto Limited, and was well appreciated by everyone, particularly for its focus on the CUDBAS System. We are excited to announce that, in response to the request of our esteemed customer, Bajaj, we have been nominated to provide additional training at the cluster level.

WORKSHOP ON MATERIALITY ASSESSMENT BY MOMENTUM INDIA

In July 2024, a materiality assessment workshop, which is a strategic exercise often conducted by organisations to identify and prioritise the most significant environmental, social, and governance (ESG) issues that could impact the company and its stakeholders was held. These workshops are typically part of a broader sustainability or corporate responsibility strategy.

BEYOND WORK

MEDICLAIM AWARENESS SESSION & HELP DESK

Lumax Yokowo/FAE/lturan recently organised a Mediclaim Awareness Session, complete with a helpdesk to address employee queries related to the Mediclaim policy. This initiative provided valuable insights into the benefits and coverage of the policy, ensuring that employees are well-informed about their healthcare options. The session

personalised assistance, resolving any doubts or concerns. This proactive approach not only enhances awareness but also ensures that our team feels secure and supported in their healthcare needs

MEDICAL CAMPS

At Lumax, we believe that a healthy team is a thriving team. That’s why we are committed to prioritising the well-being of our people by providing access to top-notch medical consultations, advice, and check-ups.

Our Bengaluru plant hosted an Annual Medical Camp, where over 500 employees took proactive steps towards better health.

Meanwhile, in Pune, we partnered with Medicover Hospital Bhosari to conduct an ECG Camp, ensuring that 120 of our team members received the care they deserve.

In June 2024, Lumax Auto Technologies Limited – Pantnagar hosted a TT Immunisation Camp for 150 personnel, while Lumax Industries Limited – Bawal – Electronics Division held a Medical Camp jointly with Nirmala Multispeciality Hospital. These health camps are set up to encourage well-being by giving participants access to wellness resources, medical expert consultations, and a range of health exams.

Health check-up camps provide members with the convenience of early detection and prevention of health issues, strongly encourage regular participation, as it can lead to improved health management, reduced stress, and a more

Lumax Industries Limited Engineering Centre & Dharuhera Plant in collaboration with Medanta Mediclinic, Gurugram, Lumax Auto Technologies Limited, Pantnagar by professionals from Apollo Clinic. and Metro Hospital and Heart Institute, Rewari, Haryana

Several blood donation camps were organised this year. Each drop of blood donated wasn’t just a gift; it was a lifeline for those in need, a beacon of hope in times of despair. It was heartwarming to see people from all walks of life come together for this noble cause. Their selflessness is a reminder of the power of community and the

In April 2024, volunteers from the Lumax-DK Jain Group donated blood at a camp organised at Lumax Auto

In August 2024, Lumax Industries Limited - Gujarat organised a blood donation camp in collaboration with Lumax organised two Blood Donation Camps in collaboration with the Chakan Rotary Club and Sassoon Hospital, Pune in August and September 2024, respectively.

A blood donation camp was held at Lumax Industries Limited's new plant in Chakan in collaboration with the

The overwhelming response from Lumax members reflects the strong sense of community and responsibility

BEYOND WORK

EID CELEBRATIONS AT LUMAX

At Lumax, we celebrate diversity, and Eid is one of the many occasions that bring joy and togetherness to our events such as Eid, Christmas, or Guru Nanak Jayanti, according to their faith or preference. This flexibility isn’t just about holidays; it is about recognising and respecting the diverse backgrounds and experiences that make our workplace vibrant and inclusive. By embracing diversity, we are not just strengthening our work culture—we are creating a space where everyone feels valued and respected.

ENVIRONMENT DAY AT LUMAX

We thank everyone for participating in the Commemoration of #WorldEnvironmentDay! Together, let's take action to protect, preserve, and cherish Mother Earth for future generations. Every small action counts! Thank You for taking a step towards a greener future.

INDEPENDENCE DAY CELEBRATIONS AT LUMAX GROUP

Indian Independence Day was commemorated with vibrant patriotism across various locations of the Lumax Group. Employees united for a lively event featuring cultural performances, flag hoisting, and engaging activities, all set against a backdrop of tricolour decorations and attire. The celebrations honoured our freedom fighters and the nation’s journey toward independence, creating a memorable and heartfelt occasion. Jai Hind!

At Shrimati Lakshmibai Vitthalrao Durafe Secondary School in Alandi, where spiritual education is often prioritised, our Life Skills Program, facilitated by Lumax Charitable Foundation, aims to harmonise spirituality

During the "Today's Youth with Science" program, 92 students eagerly engaged with the wonders of STEM, demonstrating their innate curiosity and enthusiasm for learning. This initiative underscores our commitment to fostering well-rounded education that nurtures both spiritual and intellectual development.

CSR

EMPOWERMENT THROUGH LIFE SKILLS

The "Empowerment Through Life Skills" initiative aims to equip government school students with essential life skills, promoting holistic development and enhancing their potential to succeed in their personal and professional lives. A total of 26 schools in Gujarat, Haryana, and Maharashtra are served by the Lumax Charitable Foundation (LCF) in collaboration with Sakshi NGO.

Objectives:

1. Develop confidence, self-esteem, and emotional intelligence.

2. Enhance critical thinking, problem-solving, and decision-making skills.

4. Promote healthy habits, wellness, and stress management.

5. Encourage responsible citizenship, social awareness, and community engagement.

CSR VOLUNTEERING: BUILDING A BRIGHTER FUTURE FOR ALL

At Lumax, Corporate Social Responsibility (CSR) volunteering is at the core of our commitment to making a positive impact in the communities we serve. We actively encourage our Lumax family members to engage in various volunteering opportunities that focus on education and healthcare. Our mission is to provide holistic education for the underserved and support preventive health camps to help individuals lead better lives.

VOLUNTEER FEEDBACK

"Participating in our CSR initiative was truly rewarding. I had the privilege of conducting personality development sessions for underprivileged students at a government school. Witnessing the education gap and the students' eagerness to learn was inspiring. This experience not only allowed me to give back to society but also enriched my own perspective. It was a fulfilling experience with the potential to make a meaningful impact on young minds, contributing to a conscious society and a progressive nation. I am grateful to our organisation for this opportunity and look forward to conducting many more sessions in the future."

— Mr Deepak Kumar, AGM - Component Development & Tooling, Lumax Industries Limited

CSR

GRADUATION CEREMONY FOR 12TH MERITORIOUS STUDENTS AT GSSS BASPADAMKA

The Graduation Ceremony for 12th-grade meritorious students was held at GSSS Baspadamka to celebrate their achievements. Out of 38 students, 11 received merit awards, and 27 secured first division, resulting in a 100% pass rate for the class. The event was attended by the Gram

objective of the event was to honor and recognise the academic achievements of these students, providing a platform to acknowledge their hard work, dedication, and resilience.

MEETING WITH THE DISTRICT EDUCATION OFFICER & BLOCK EDUCATION OFFICER

In May 2024, Lumax CSR Team Member Ms Manpreet Kaur (AM), Gurgaon. The LCF presented its work to Ms Indu Boken, District

Ms Boken commended the social initiatives undertaken by Lumax Charitable Foundation, aimed at empowering government school students. Our dedication to enhancing the lives of these young minds is truly commendable.

WELLNESS LEADERSHIP SESSION AT GOVERNMENT SCHOOL, BHORA KALAN – BY MR KHRISH JAIN

A leadership session was conducted with students, emphasising the importance of leadership and highlighting the qualities of an empathetic leader at Government School, Bhora Kalan. In this session, students learned about the significance of leadership and the characteristics that define a leader who drives change.

CSR

INAUGURATION OF SANITARY PAD MANUFACTURING UNIT

A Sanitary Napkin Manufacturing Unit has been set up in Hassanpur Tauru, Nuh Mewat, Haryana, to provide menstrual health awareness and hygiene practices, and empower women through economic independence and social inclusivity. The unit was inaugurated by Mr Kamal Singh, Retired Teacher, Panchayat Representative, and Social Worker and Mr Vidya Nand, Panchayat Representative, along with Ms Priyanka Sharma, Sr VP and Corp Head – Corporate Communication and CSR.

This project aims to build a self-sustainable enterprise that fosters good hygiene practices among women in rural areas, nurturing them to run the business with handholding support and overall supervision. While awareness of challenge. This project will also generate demand and create awareness among the targeted beneficiaries, i.e., adolescent girls and women, on the importance of personal and menstrual hygiene management within marginalised communities. The project will involve various stakeholders, such as adolescent girls' groups, women's groups, and Self-Help Groups (SHGs). The main thrust of the project is to develop women as entrepreneurs, channeling their potential and imparting training for their skill development as part of the social enterprise focused on low-cost sanitary napkins.

CANCER CARE FOR ALL - SCREENING AND DETECTION CAMP

In collaboration with the Indian Cancer Society, LCF provides free cancer screening and detection services to underprivileged individuals, promoting early detection and treatment. The services include:

Free cancer screening for breast, cervical, oral, and prostate cancers

Mammography, Pap smears, and ultrasound tests

Consultations with oncologists and gynecologists

Awareness sessions on cancer prevention and early detection

CSR

WORLD LITERACY DAY - EMPOWERING GIRLS THROUGH LITERACY

To promote literacy and education among government school students, Lumax Charitable Foundation organised World Literacy Day at the Government Girls School in Hassanpur Tauru, emphasising the importance of literacy in empowering women. On the same day, the principal of the Government Girls and Senior Secondary School praised the work done by Lumax Charitable Foundation over the years.

DIGITAL EDUCATION INITIATIVE

The Digital Education Initiative aims to bridge the digital divide and enhance educational outcomes in government schools by providing qualified computer teachers, thereby empowering students with essential computer skills and preparing them for the digital age.

STEAM EDUCATION

The Life Skills program for the Government Primary School in Pantnagar was initiated by LCF with the objective of integrating STEAM education in government primary schools, which is crucial for developing a future-ready essential skills, curiosity, and creativity. LCF prioritises STEAM education to unlock the full potential of our future generations.

GUESTS AT IAC

STRENGTHENING PARTNERSHIP WITH HONDA

Group Managing Director - Lumax Group. The visit, attended by our Managing Director, Mr Sunil Koparkar, and Mr Sitangshu Nandy, Senior Director of NPD, fostered valuable discussions that strengthened our partnership. Honda experienced our advanced manufacturing capabilities and commitment to innovation and sustainability, while our team explored potential collaboration opportunities, highlighting IAC's dedication to delivering world-class automotive components.

HYUNDAI MOBIS VISITS THE IAC INDIA BIDADI PLANT

Hyundai Mobis recently visited the IAC India Bidadi plant for an insightful interaction aimed at exploring new business opportunities. The main agenda was to assess the IP line and production capacity while discussing business expansion, product quality, freight logistics, pricing, and terms. This meeting provided a platform for both parties to align expectations, strategise future collaborations, and ensure mutually beneficial outcomes. The discussions also emphasised the importance of teamwork and advertising in driving continued success.

GUESTS AT IAC

CELEBRATING FOUR DECADES OF COLLABORATION WITH STANLEY ELECTRIC

We at IAC are honoured to host Mr Yasuaki Kaizumi, President, and Mr Kazuki Takano, Director, from Stanley Electric

collaboration between IAC India and Stanley. During this important visit, our teams engaged in insightful discussions, exchanged innovative ideas, and showcased our latest product developments. The presence of Kaizumi San and Takano San provided invaluable wisdom, inspiring us to strengthen our partnership and advance with cutting-edge solutions.

VISIT FROM MERCEDES-BENZ R&D TEAM

A team of 13 from Mercedes-Benz Research and Development India Pvt. Ltd. visited the IAC Chakan Plant-2 to explore injection moulding tools, vacuum forming, tooling challenges, cut & sew interiors, and welding processes. They shared valuable insights and experiences, highlighting the importance of collaborative learning and knowledge exchange during their visit.

EVENTS

EXTENSION SHED AT IAC NASHIK

On April 29th, 2024, a significant occasion took place at the IAC Nashik Plant as dignitaries, executives, and employees gathered for the inauguration of its new extension shed, graced by Mr Ritesh Agarwal, Senior Vice President and Head of Sourcing for the Auto Sector at the Strategic Sourcing Unit. As the ribbon was cut, a sense of pride and accomplishment filled the air, marking the start of a new chapter in IAC Nashik's journey, brimming with possibilities and progress. This celebration underscored resilience, teamwork, and the relentless pursuit of excellence in the automotive industry.

The successful implementation of SAP across IAC locations marks a milestone in operational excellence. A joyous agility, and competitiveness in the organisation’s journey towards greater automation. CELEBRATING SAP SUCCESS

EVENTS

TPM IMPLEMENTATION KICK-OFF

The Manesar and Chakan-2 Plants have been selected for TPM deployment. Plant Head Mr Sinoj Mathew outlined the rationale for this choice, while Mr Nagaraju Nanjundaiah and Mr Manjunatha M from Lumax shared insights into the TPM strategy. The event concluded with a pledge to meet implementation goals.

KICKOFF OF TPM AT THE IAC PLANT IN MANESAR

starting with a collaborative activity alongside the dedicated Lumax team. Together, we aim to optimise processes, minimise downtime, and foster a culture of continuous improvement for sustainable growth and customer satisfaction.

DEVELOPMENT OF HOSHIN ROOM AT IAC MANESAR EVENTS

We are excited to announce that the IAC Manesar plant has successfully developed a state-of-the-art Hoshin Room in collaboration with the Lumax Team. This innovative space will enhance our strategic planning and execution capabilities, ensuring alignment with our key objectives and fostering continuous improvement. The Hoshin Room will be crucial in streamlining processes and driving our mission forward, reflecting our commitment to excellence and teamwork.

5 MILLION SAFE MAN-HOURS CELEBRATION AT NASHIK

The IAC Nashik plant celebrated a major milestone, achieving 5 million safe man-hours without lost-time incidents, emphasising its commitment to safety and employee well-being. The event also featured the unveiling of EMS and OHSMS certifications, a new crèche facility, and the launch of its ESG commitment, including planting 750 saplings.

EVENTS

UNVEILING ADVANCED IMM1700T MILACRON MOLDING MACHINE: A MILESTONE FOR FUTURE PRODUCTION CAPABILITIES

The IAC Chakan-1 plant celebrated the inauguration of a new moulding machine, the IMM1700T Milacron, marking a significant upgrade for the facility. This state-of-the-art equipment is now operational for the new program, which includes the production of W610 Topper Pad Hard and M110 Front and Rear Door LH/RH components. The inauguration ceremony was graced by the presence of senior management, including Mr Sitangshu Nandy and Mr Pavan Malshe, underscoring the importance of this advancement for the plant's future capabilities.

6 YEARS STRONG: CELEBRATING INNOVATION AND GROWTH AT IAC NASHIK PLANT

The 6th anniversary of the IAC Nashik Plant was marked with a vibrant celebration featuring a cake-cutting ceremony, engaging fun activities, and speeches from Heads of Departments and employees. A highlight of the event was the experiences and achievements over the years.

EVENTS

CELEBRATING INNOVATION: IAC AND MAHINDRA'S XUV 3XO

On May 29, 2024, the Nashik Unit celebrated IAC's role in supplying advanced cockpits for Mahindra's XUV 3XO. The event featured a captivating video, speeches from leaders like Mr Akshay Gaur and Mr Rayan Malipatil, employee recognition, and a stunning drone-shot "3XO" formation. Mr Shakti Das hosted the event.

EVENTS

CHESS TOURNAMENT

featuring 26 participants and 13 intense matches. After some strategic gameplay, Mr Sangram Khot emerged as the champion, with Vaibhav Jadhav securing the position of first runner-up and Yogesh Salunkhe taking home the second runner-up trophy. Congratulations to all the players for their outstanding performances and sportsmanship!

CRICKET MATCH AT BIDADI

As part of our ongoing Employee Engagement and Motivation initiatives at the Bidadi plant, we recently organised a cricket tournament exclusively for our male employees. A total of four teams participated, fostering camaraderie and team spirit throughout the day. The tournament was a resounding success, with everyone thoroughly enjoying the event. After an exciting series of matches, IP Legends emerged as the runner-up team, while Console Rockers claimed the championship title.

AWARDS & ACHIEVEMENTS

LEADERSHIP AWARD 2023

We Celebrate Mr Abdulmajid Patel's continuous dedication to manufacturing excellence as he clinches the 2023 Leadership award globally in the 6th annual Champions for Quality Awards. This prestigious event showcases both public nominations from global manufacturers and insight-driven accolades from the EASE plant floor platform. From individual contributors to entire organisations, these awards span various categories, highlighting outstanding achievements in the pursuit of quality manufacturing. Congratulations to Mr Abdulmajid Patel – IAC International Automotive India Pvt. Ltd. 2023 winner under Leadership category for maintaining high standards of quality production!

LAUNCH OF THE S225 SOFT COCKPIT

The launch event for the S225 Soft Cockpit of Mahindra & Mahindra at the IAC Nashik plant marked a significant milestone in our partnership. With great pride, we dispatched the first soft cockpit, symbolising a new era of innovation and collaboration. Notable attendees included Mr Pravakaran D, Mr Kiran Gosavi, Mr Gaurav Palival, and Mr Sangram Deshmukh from Mahindra & Mahindra, alongside Mr Sitangshu Nandy, Director NPD from IAC. As the

to excellence, featuring cutting-edge technology and ergonomic design that set new standards in automotive interiors. We look forward to the continued success of the S225 Soft Cockpit and the enduring partnership between IAC and Mahindra & Mahindra, poised to redefine the automotive landscape one innovation at a time.

AWARDS & ACHIEVEMENTS

MAJOR MILESTONE IN COCKPIT DELIVERY

The IAC Chakan-1 plant celebrates a major milestone with the delivery of 200,000 cockpits, showcasing its precision engineering and innovation excellence. This achievement highlights IAC's leadership in automotive interiors, setting

WINNERS OF THE PART DESIGN AND DEVELOPMENT AWARD!

IAC International Automotive India Pvt. Ltd received the Part Design & Development award from Maruti Suzuki India Limited (MSIL) at the MSVM 24 event in Turkey on April 29, 2024. This award recognises IAC's engineering and component development excellence for MSIL's new models, including the YFG and YWD components. Group Chairman Mr Deepak Jain accepted the award, highlighting IAC's leadership in design and commitment to delivering innovative solutions for customers like MSIL and M&M.

AWARDS & ACHIEVEMENTS

SUCCESSFULLY

CLEARED THE STAGE 2 AUDIT FOR EMS AND OHSMS

IAC Nashik proudly clears the Stage 2 audit for EMS & OHSMS, earning ISO 45001:2018 and ISO 14001:2015 certification. This achievement highlights their commitment to safety and environmental standards, recognised by the Lead Auditor. Congratulations to the entire IAC Nashik team for their dedication and success!

SUCCESSFUL IATF 16949:2016 RECERTIFICATION AUDIT

We proudly announce the successful completion of the IATF 16949:2016 recertification audit by Intertek, held June 24-29, 2024, with "No Major NCs." Thank you to our dedicated team for your exceptional teamwork and

SIGNIFICANT IMPROVEMENT IN Z-110 SHIFTER BEZEL ASSEMBLY

We are excited to announce a major enhancement in our Z-110 Shifter Bezel Assembly. Through our ongoing

our JPH from 13 to 16. This improvement demonstrates times, and delivering superior-quality products. Congratulations to the entire team on this achievement!

AWARDS & ACHIEVEMENTS

ENHANCEMENT OF COCKPIT KITTING PROCESS

We are glad to announce that the W601 & Z101 cockpit kitting process has been enhanced with a significant upgrade from the traditional cylinder-based system to a more advanced boom barrier poka-yoke. This

precision of our operations but also ensures a higher level of safety and quality control, reinforcing our commitment to delivering excellence in every aspect of our production process.

EXCITING PROGRESS IN PRODUCTION AT IAC

IAC is thrilled to announce significant progress! The Z101 Door Trim RASW has improved from 13 to 14

Additionally, the Z-110 Shifter Bezel Assembly has achieved an impressive increase from 13 to 16 JPH. These enhancements underscore our team's dedication to continuous improvement and excellence in production.

SUCCESSFUL INSTALLATION OF MANUAL QMC SYSTEMS

We are elated to announce the successful installation of manual QMC systems on our IMM 50T A&B and IMM 110T A machines. This upgrade has significantly improved our SMED process, reducing the changeover time from 18 minutes to just 10 minutes, enhancing our

AWARDS & ACHIEVEMENTS

IAC CHAKAN 2 ACHIEVES SUSTAINABILITY CERTIFICATION

IAC Chakan 2 proudly received the “Sustainability-Progressive Level 2” Certification through the VW-CII ECO EDGE Programme, becoming one of only six suppliers to attain this recognition. This achievement, driven by key Sustainability Summit.

IAC CHAKAN 1 EARNS APPRECIATION FROM MAHINDRA

IAC Chakan 1 proudly secured an Appreciation Certificate from Mahindra, presented by Mr Satyabrata Das and Mr Sitangshu Nandy, for exceeding customer expectations. The team was recognised for delivering the BEV-E9 tooled-up (Premiumisation) part within a tight timeline while maintaining exceptional quality, showcasing their

AWARDS & ACHIEVEMENTS

IAC HR TEAM WINS BEST WORKPLACE DIVERSITY AWARD

We are pleased to announce that our HR team has won the Best Workplace Diversity Recognition award at the 6th Edition HR Tech Summit & Awards 2024. Additionally, Mr Mahesh Sawant received the Winner Award for Best Talent Acquisition Practice. Congratulations to everyone involved!

TEAM KSHAMTA WINS SILVER GOLD AWARD

Team Kshamta recently earned the Silver Gold Award at the 39th CCQC Annual Convention for exceptional performance. Their success in reducing SMED time showcases the IMM Production team’s commitment to continuous improvement, operational

TEAM AGNIPNKHA WINS SILVER GOLD AWARD

Team Agnipnkha successfully participated in the 39th CCQC Annual Convention, winning a Silver Award for our contribution to the W601 Cockpit Assembly Line. demonstrating our commitment to continuous improvement and manufacturing excellence.

AWARDS & ACHIEVEMENTS

IAC HR TEAM WINS BEST WORKPLACE DIVERSITY AWARD

We are thrilled to announce that our HR team has won the Best Workplace Diversity Recognition award at the 6th Edition HR Tech Summit & Awards 2024. Additionally, Mr Mahesh Sawant received the Winner Award for Best Talent Acquisition Practice. Congratulations to everyone involved!

TEAM DIVINE WINS GOLD AWARD

TEAM NEXGEN WINS GOLD AWARD

Team NexGen, under the HR department, has won the prestigious Gold Award at the 39th CCQC Annual Convention!

Team Divine has won a Gold Award at the 39th CCQC Annual Convention for their project on "Maintenance –Digitalisation in Z101 Line Pick to Light." Congratulations to the team for their dedication to streamlining processes,

AWARDS & ACHIEVEMENTS

IMPROVEMENT & REWARDS AT CHAKAN-2

ENHANCING ERGONOMICS IN U150 IP ASSEMBLY

Mr Rahul Mute's recent initiative resulted in a significant weight reduction of 15 kilograms per fixture in the U150 IP assembly rotary fixture, improving operator ergonomics within the M category of PQCDSM standards. This adjustment decreased push and pull forces from 66.5N and 61.0N to 50.6N assembly operations.

ENHANCING SUSTAINABILITY AT IAC CHAKAN 2

A new project at IAC Chakan 2 has improved sustainability by reducing paper waste through optimised interplant invoice printing. Each invoice previously required four copies, but under the new Category D guidelines in PQDSM, this has been

PL1, Nasik, and Bengaluru, this change eliminates the need for triplicate copies for gate purposes, providing drivers with a single proof of delivery (POD) copy. This initiative saves approximately 43,896 sheets of paper and reduces costs by INR 25,200 per year, thanks to Mr Dhananjay Veer's

INNOVATIVE FOOD WASTE TRANSFORMATION AT IAC

We have discovered an innovative method to convert daily food waste into nutrient-rich soil through our latest Kaizen opportunity. Mr Sachin Shelke and his team developed a manually operated fertiliser and food mixer using repurposed scrap MS materials. This in-house creation

enhancing soil health and promoting plant growth. By utilising everyday food scraps, our team has crafted a sustainable solution that reduces waste and supports a greener, healthier garden.

AWARDS & ACHIEVEMENTS

IMPROVEMENT & REWARDS AT CHAKAN-2

OPTIMISING EFFICIENCY IN U150

CENTRE BEZEL PRODUCTION

initiative focused on optimising the post-moulding process for the U150 Centre bezel. Previously, the B6 variant required manual cutting and trimming by operators, leading to extra processing time and waste under C & D of PQCDSM. To address this, Mr Shiv Shankar Sharma and Mr Hasamuddin Ansari proposed upgrading the metal insert and implementing a blue machining mould for the B6 variant. This change will eliminate the manual cutting operation, reduce plastic scrap, and yield significant cost savings of approximately ₹2,10,000.

ENHANCING SAFETY WITH INNOVATIVE KAIZEN SOLUTION

To address slippery floors in the emergency exit area caused by water from a nearby toolroom cooler, Mr Rama Krishna and Mr Judas Rathod implemented an line to direct the water to the manhole, eliminating the wet conditions that posed a fall hazard. This proactive measure has resolved the safety concern, ensuring compliance with PQCDSM standards and creating a hazard-free environment.

MITIGATING NOISE IN GLOVE BOX ASSEMBLY

In a recent Kaizen initiative addressing noise issues in the glove box assembly, Mr Apparao Suryawanshi proposed a modifying the mould to enhance wall thickness through adjustments to the pin dimensions. Reducing the pin size the Quality & Cost (Q & C) category of PQCDSM, underscoring its positive impact on product performance and customer satisfaction.

AWARDS & ACHIEVEMENTS

IMPROVEMENT & REWARDS AT CHAKAN-2

SIGNIFICANT SMED IMPROVEMENT AT CHAKAN-1

We are excited to announce a significant SMED (Single-Minute Exchange of Die) improvement at Chakan-1, where we successfully reduced the changeover time on machines 50TA, 50TB, 110TA, and 150T from 18 minutes to just 10 minutes. This significantly reduces operator fatigue, contributing to a more streamlined and productive work environment.

BEFORE Tool change setter fatigue high by traditional clamp.

AFTER Tool change setter fatigue reduce by manual QMC.

COST-EFFECTIVE ENHANCEMENT TO THE Z110 SHIFTER BEZEL INTEROPERATION TROLLEY

We are excited to announce an enhancement to the Plant ME team Improvement initiative with the Z110 Shifter Bezel Interoperation Trolley Modification. The cost of the new trolley is ₹31,045, but by opting for the modification instead of a full replacement, we have reduced the cost to ₹9,500, resulting in total savings of ₹21,500. This modification is a

Before Z110 shifter bezel painted parts damage in interoperation trolley

AFTER Z110 shifter bezel painted parts not damage in interoperation trolley

AWARDS & ACHIEVEMENTS

IMPROVEMENT & REWARDS AT

CHAKAN-2

COST-EFFECTIVE ENHANCEMENT OF THE

INTEROPERATION TROLLEY

W601 MIDROLL LH/RH

The team successfully enhanced the W601 Midroll LH/RH Interoperation Trolley by increasing its capacity, tailored to the specific variant. While a new trolley would have cost ₹34,000, we opted for a modification costing only ₹12,000, resulting in a significant cost saving of ₹

BEFORE

Parts (hard, soft, 10 variant) midroll LH RH mix up in interoperation trolley

AFTER

Variant wise parts (hard, soft, 10 variant) interoperation trolley - Capacity increased for 24 no’s part

IMPROVEMENTS TO THE SHOP FLOOR GOODS LIFT

The Plant ME team has successfully enhanced the shop floor goods lift by installing an inching up/down mechanism and a dispatch lift limit switch indication box. These upgrades have led to reduced breakdowns, enhanced safety,

BEFORE

Parts (hard, soft, 10 variant) midroll LH RH mix up in interoperation trolley

AFTER

Variant wise parts (hard, soft, 10 variant) interoperation trolley - Capacity increased for 24 no’s part

TRAININGS

ENHANCING PROFESSIONAL COMMUNICATION THROUGH EMAIL ETIQUETTE TRAINING

We conducted Email Etiquette training for 22 IAC employees, led by Swapna, a Subject Matter Expert in Communication Skills. The sessions aimed to improve professional communication, ensuring clarity, across various locations within our organisation.

ENHANCING SKILLS AT IAC NASHIK

IAC Nashik implemented a behavioural training initiative on Personality Development for on-roll associates, expertly facilitated by seasoned trainer Mr Gopi Gilbile. His extensive experience brought valuable insights and and relevance to participants' roles.

PERSONALITY DEVELOPMENT SESSION AT IAC CHAKAN

In response to No Production Days at IAC Chakan 1 & 2, a Personality Development session was held in May for 36 participants, led by Gopi Gilbile. The session covered key topics like Education vs. Training, the Concept of Personality, and Attitude using the 3H principle. It emphasised self-motivation, the 5M framework, and fostering respect and inclusivity, empowering associates with valuable tools for personal and organisational growth.

TRAININGS

TRAINING SESSIONS ON WASTE MANAGEMENT

We organised Waste Management training for 20 Chakan 1&2 employees, led by in-house expert Mr Sandeep Jamdade. As we progress, we remain committed to fostering a culture of environmental consciousness and sustainability within our organisation.

CHANGE MANAGEMENT TRAINING AT IAC CHAKAN

In June, 29 participants at IAC Chakan attended a training session led by Mr Madhukar Paranjape, focusing on change management and fostering a positive mindset. Through discussions and exercises, they explored overcoming change barriers, stepping out of comfort zones, and managing transitions. The session highlighted key change management principles and positive attitudes, equipping attendees with the skills and resilience to thrive in evolving environments.

COLLABORATION SKILLS TRAINING AT IAC CHAKAN

The recent associate training at IAC Chakan, led by Mr Narendra Dhayagude, enhanced the collaboration skills of 31 participants from Chakan 1 and 2. The session focused on the benefits of teamwork, fostering high-trust relationships, consensus-building, and accountability. Participants also explored strategies for optimising equipping them with essential tools to drive success within the organisation.

TRAININGS

KEY UPDATES IN IR TRAINING

In May, advocate Aditya Joshi conducted a comprehensive training session for 22 employees, focusing on key updates in Industrial Relations (IR). The session covered company culture, current and future IR challenges, proactive disciplinary strategies, and modern coercive measures. Joshi also explained sections 9A and 5B, and proposed alternative employment methods, evolving landscape of industrial relations.

LINKEDIN LEARNING HIGHLIGHTS

thousands of expert-led courses on leadership, technical skills, creativity, and more. Popular courses include Algorithmic Trading, CATIA V5, Lean Six Sigma, Emotional Intelligence, Excel Essentials, and Critical Thinking for better decision-making.

TRAININGS

ENHANCING ESG CAPABILITIES AT M&M

In fiscal year 2024, M&M launched an ESG training program to strengthen the ESG capabilities of its suppliers. This initiative covered essential ESG principles, regulatory requirements like BRSR and EPRs, reporting systems such as GRI, and various disclosure standards, along with M&M's commitments and audit processes.

ELEVATE YOUR EXECUTIVE BRAND MASTERCLASS

two-day program for top leaders. It focused on key presentation elements, personal branding strategies, and developing executive presence. Participants engaged in interactive sessions, acquiring skills to enhance their professional image and lead confidently.

TRAININGS

PRACTICAL SUSTAINABILITY TRAINING FOR IAC BIDADI

In June, 2024, Mr Nagaraju Nanjundaiah and Mr Satyasheel Rohilla from the Lumax Sustainability Team conducted a training session for IAC Bidadi employees on practical sustainability practices. The session

ENHANCING OPERATIONAL EFFICIENCY AT IAC MANESAR

IAC Manesar employees attended Standard Work and Kaizen training at Lumax, aimed at boosting operational practices, including takt time and work sequence, to ensure safety, reduce accidents, and maintain consistent performance. Kaizen training emphasised "change for the better."

TRAININGS

ADVANCING SKILLS WITH DFMEA TRAINING

In August, 2024, a comprehensive 6-hour training on conducted by Internal Subject Matter Expert, Mr Venugopal Lalgeri. The session aimed to enhance the analytical skills of 15 employees, equipping them with in-depth knowledge and practical approaches to identifying and mitigating potential design failures. This focused training is part of our ongoing Hoshin commitment to fostering continuous improvement and technical proficiency within the team, ensuring quality and innovation in our processes.

TRAINING SESSION ON NEGOTIATION SKILLS

On July 30th, 2024, a comprehensive 8-hour training session on "Negotiation Skills" was conducted by Mr Rajat, and attended by 25 participants. The training delved into essential topics such as negotiation skill

negotiation, principles of negotiation, and various influencing styles paired with practical exercises. This session provided participants with valuable insights and hands-on experience to enhance their negotiation capabilities.

TRAINING SESSION ON PROBLEM SOLVING SKILLS

In July, Mr Alex, External Felicitator; conducted a comprehensive 16-hour training session on Problem-Solving Skills attended by 17 participants. The training focused on crucial methodologies, including 8D Analysis, Six Sigma, Root Cause Analysis, and Design of Experiment. These sessions aimed to enhance the participants' problem-solving skills and equip them with

ENGLISH ENHANCEMENT TRAINING SESSIONS TRAININGS

In July 2024, a comprehensive 12-hour English Enhancement training was conducted over three sessions on the 5th, 12th, and 19th by Ms Fatema. Seventeen participants refined their skills in business communication, expanded their vocabulary, and improved their understanding of audit requirements and complaint handling. The training also a business environment.

ROOT CAUSE ANALYSIS TRAINING AT BIDADI PLANT

An 8-hour RCA (Root Cause Analysis) training session, led by Mr Srinivasan, equipped 9 employees at the Bidadi drive continuous improvement within their roles and the organisation.

TRAININGS

ELEVATING QUALITY STANDARDS WITH APQP TRAINING

In August, 2024, a successful 4-hour Advanced Product Quality Planning (APQP) training session was conducted by Internal Subject Matter Expert, Mr Akshay Kumar Gaur. The session, attended by 15 employees from Chakan-1, Corporate, and Bidadi units, focused on enhancing participants' understanding of APQP methodologies. This initiative reflects the company’s commitment to continuous learning and development, ensuring the highest standards of quality across its operations.

BRSR CORE WORKSHOP AT MAHINDRA TOWER CHAKAN

A workshop on BRSR Core Disclosure requirements was held at Mahindra Tower, Chakan, Pune, in collaboration with EY, M&M's knowledge partners. The session covered SEBI's reporting requirements, Mahindra and Mahindra's expectations, and upcoming challenges. This disclosure is relevant as Mahindra and Mahindra Ltd. ranks among the top 150 listed companies in India by market capitalisation. Consequently, 75% of procurement (upstream suppliers) and 75% of sales (downstream dealers/distributors) will be

EMPOWERING LEADERS AT THE FUTURE READY LEADERSHIP WORKSHOP

The Future Ready Leadership Workshop, a two-day event led by Mr Swaran Sehgal, took place on August 30-31, 2024. This immersive session gathered 16 employees from Chakan-1, Chakan-2, Corporate, Manesar, and Nashik. The workshop focused on honing leadership skills, empowering participants to navigate future challenges and drive innovation and growth within the organisation.

TRAININGS

SHAPING A DIVERSE FUTURE: WOMEN'S VOICES AND HER GROWTH

At IAC Chakan-1, the Female Monthly Meeting was held to support and enhance women’s empowerment and their varied futures. The gathering included an engaging interaction with all female employees, providing a platform for suggestions and concerns. The meeting emphasised the importance of increasing female representation to boost diversity within the company. Additionally, participants discussed potential improvements and strategies to further support and advance the female workforce.

SPECIALISED TRAINING SESSIONS AT CHAKAN PLANT-1

At Chakan Plant-1, we recently conducted specialised training sessions, including a 120-hour KUKA Robotics course on robot operations and programming, a 48-hour training on 7QC Tools to enhance quality control skills, and a 24-hour APQP & PPAP course focusing on methodologies for improving product quality processes. These initiatives showcase our commitment to continuous improvement and operational excellence.

TRAININGS

RECENT TRAINING SESSIONS AT THE CORPORATE OFFICE

training for 15 employees, led by Mr Ankur. This session covered essential topics such as formulas, data organisation, pivots, charts, reports, financial analysis, and macros. The second training focused on Automotive Safety, lasting over 8 hours and involving 30 employees from the design, engineering, and CAE departments. These initiatives reflect our commitment to enhancing employee skills and ensuring safety in our operations.

An 8-hour DWM (Digital Workforce Management) training session, led by Mr Sandip Jamdade, engaged 15 employees at Chakan Plant-2. The session provided practical knowledge and insights to enhance their skills, empowering participants with today’s fast-paced digital environment.

TRAININGS

VITAL FIRST AID TRAINING SESSION AT IAC NASHIK AND BIDADI

The IAC Nashik and Bidadi plants have completed a vital First Aid training session, equipping participants with essential life-saving skills. To bolster our emergency response, we are introducing a new "Life-Saving Champion"

FIRE SAFETY TRAINING

A comprehensive fire safety training session was held at the IAC Chakan Plant - 1 & 2, covering the proper use of fire extinguishers, firefighting equipment, fire prevention tips, and evacuation procedures. This training is essential for enhancing safety protocols and reducing fire hazards in the workplace.

SUSTAINABILITY PROJECTS

In our pursuit of sustainability at IAC Chakan 2, we've embarked on several impactful initiatives. The Chakan 2 Plant is actively working to fulfill our carbon reduction targets, marking a significant stride forward in our environmental commitments. Here's a glimpse into the projects we've undertaken and successfully implemented during the fiscal year 2023-24:

SOLAR SMART STREET LIGHTS

Revolutionising urban illumination, 32 streetlights have been ingeniously transformed into solar-powered beacons of sustainability. With an initial investment of Rs. 5.8 lacs, these streetlights herald a new era of eco-conscious infrastructure. Generating a remarkable 10,800 units of green electricity annually, they not only illuminate our streets but also lighten the burden on traditional power sources. What’s more, their resilience shines through even during power shutdowns, ensuring uninterrupted visibility and safety for all.

SOLAR SMART SIGNAL LIGHTS IMPLEMENTATION FOR FACTORY INTERNAL ROADS

Eight signal lights have been converted to solar power, reducing dependency on conventional electricity sources. The initial investment cost for this conversion is Rs 67,000. However, the benefits extend beyond cost savings; the system generates green electricity, producing 2700 units per year. Another advantage is its reliability during power shutdowns, ensuring uninterrupted functionality. This initiative highlights the practicality and sustainability of incorporating solar technology into industrial infrastructure.

SELF-SUSTAINED SECURITY CABIN

Introducing the innovative concept of a self-sustained security cabin, a beacon of modern security infrastructure. At an investment cost of 5.5 lacs, this cabin not only provides robust security but also contributes to environmental sustainability. Powered by green electricity generation, it produces an impressive 3000 units per year, reducing its carbon footprint while ensuring uninterrupted operation. Embracing the ethos of

the future of security infrastructure.

SUSTAINABILITY PROJECTS

SOLAR MASHAL

LAMPS

Solar Mashal Lamps bring a sustainable solution to lighting needs with an investment cost of Rs 72,000. Generating 800 units of green electricity annually, they not only illuminate spaces but also contribute to environmental conservation. An additional benefit lies in their demarcation function, aiding in delineating spaces

VERTICAL GREEN GARDEN

Vertical green garden: Transforming scrap materials into a thriving vertical green garden, the innovative creation stands as a testament to resourcefulness and sustainability. Crafted in-house from a repurposed glovebox, the first piece underwent rigorous welding strength tests. Accumulated over the course of a year, the materials were meticulously gathered, each contributing to the project's eco-conscious ethos. The green oasis now boasts 1,860 units of lush vegetation, not only beautifying its surroundings but also serving as a poignant reminder of the power of ingenuity and environmental stewardship.

ECO-FRIENDLY WOODEN PLANTERS

Transformed IAC Chakan-2 plant garden with eco-friendly wooden planters, crafted in-house using recycled pallets and trolleys. With 45 already completed and another 45 in progress, these planters not only add charm during the day but also illuminate your garden with a stunning display of demarcation at night. Bring sustainability and style together with our handmade wooden planters.

“IAC Jungle" is a unique initiative located on the outskirts of a

species. With a root sustenance depth of one metre and drip irrigation from a Sewage Treatment Plant, 1,700 trees have been successfully planted, harmonising industrial activities with ecological preservation.

IAC JUNGLE:

AUDITS AND EVALUATIONS

IAC NASHIK TEAM ACHIEVES STAGE 1 AUDIT SUCCESS

The IAC Nashik team has successfully passed the Stage 1 audit for EMS and OHSMS, demonstrating their dedication to safety and environmental protocols. As they prepare for Stage 2, their commitment to workplace safety and environmental stewardship remains strong. Kudos to the team for their achievement!

KEY UPDATE ON ESG AUDIT

Mahindra & Mahindra is enhancing its focus on ESG audits for prioritised suppliers, aiming to establish baseline measurements and improve key parameters. This initiative supports M&M's sustainability goals, including Carbon Neutrality by 2040 and Zero Waste Landfill. The audit process includes self-assessments, onsite audits, and data management via the ESG IT Portal, supported by 14 safety policies and training.

AUDITS AND EVALUATIONS

ISO CERTIFICATION AWARENESS MEETING CONDUCTED FOR TARGET SETTING AT MANESAR

ESG AUDIT BY M&M AT CHAKAN-2

At IAC Chakan-2 Plant, Mahindra & Mahindra (M&M) prioritises ESG audits for key suppliers to enhance sustainability and establish baseline measurements. This aligns with M&M's goals of carbon neutrality by 2040, water positivity, zero waste to landfill, and 50% renewable energy by 2025. The auditing process includes self-assessments, WASH compliance, onsite audits, and action plan submissions, with an ESG IT portal facilitating data entry and document uploads throughout the audit cycle.

INITIATIVES

LEARNING THE VOTER’S OATH

Per government regulations, it is the employer's responsibility to ensure that all employees are educated on the Voter's Oath before polling dates and to provide photographic evidence to government authorities.

INDUSTRY 4.0 : DIGITAL INITIATIVE

At IAC Chakan Plant-1, we have integrated Industry 4.0 and digitisation through the EHS Hoshin framework by implementing an MPCB display board. This board provides real-time data on water, air emissions, and waste, enhancing environmental safety, enabling proactive maintenance, and optimising operational performance across the factory.

BEYOND WORK

BREAKFAST WITH MD" SESSION AT OUR IAC MANESAR PLANT

We recently conducted a "Breakfast with MD" session at our IAC Manesar Plant. This initiative aims to break down barriers and foster an environment where employees feel comfortable sharing their thoughts and ideas. By facilitating open and two-way communication, these meetings provide valuable insights and help build stronger relationships within the organisation.

IAC’S CSR INITIATIVE FOR TBMSG TRUST

The IAC team recently conducted a CSR activity for the TBMSG Trust in Dapodi, Pune, addressing educational challenges worsened by the COVID-19 pandemic. To support students lacking online learning resources, we provided a desktop computer with a three-year online learning license and essential software, empowering them to grasp fundamental concepts and succeed in their studies.

BEYOND WORK

BLOOD DONATION CAMP

In honour of World Blood Donor Day, employees from IAC Chakan-1, Chakan-2, and Nashik locations came together to organise a successful blood donation camp. The event saw significant participation from all departments, reflecting a spirit of altruism and compassion. We extend our heartfelt gratitude to the dedicated ongoing commitment to corporate social responsibility and community welfare.

ANNUAL HEALTH CHECK-UP & BLOOD DONATION CAMP

The IAC Bidadi Plant recently organised its Annual Health Check-Up and Blood Donation Camp, providing all employees with an opportunity to undergo comprehensive health assessments. The initiative aimed to promote employee well-being and encourage community support through blood donation. It was a successful event, fostering a culture of health awareness and social responsibility within the workplace.

BEYOND WORK

INTERNATIONAL DISABILITY DAY

At IAC Chakan-2 plant, we celebrated International Disability Day by honoring our specially-abled employees who joined us a few months ago. The event featured meaningful interactions, where we listened to their experiences and gathered feedback on their journey with us so far. To make the day even more special, we presented them with roses as a token of appreciation and ensured that any concerns or support they might need were addressed, reinforcing our commitment to an inclusive workplace.

ANNUAL HEALTH CHECK-UP AT BANER

highlighting the importance of well-being and preventive healthcare. This initiative aimed to promote a healthy work environment and included comprehensive medical tests and consultations to assess overall health. Employees interacted with medical professionals and received personalised advice on maintaining a healthy lifestyle, reinforcing Lupin's commitment to employee welfare and fostering a culture of health consciousness within the organisation.

BEYOND WORK

ANNUAL HEALTH CHECK-UP AT IAC

This year's Annual Health Check-Up at various IAC locations like Chakan-1 and 2, was a resounding success, bringing together employees and their families for comprehensive health screenings. The event included medical examinations such as blood tests, vision and hearing assessments, and cardiovascular evaluations, all aimed at promoting early detection and prevention of health issues. Participants also attended informative health seminars and engaged in wellness activities like yoga and nutrition workshops. This initiative highlighted the importance of regular health check-ups and reinforced IAC's commitment to community well-being, fostering a culture of health and wellness across all locations.

EYE CHECK-UP CAMP

We had organised a comprehensive eye check-up camp at its Chakan Plant 1 & 2, focusing on the well-being of

members maintain optimal vision and eye care. This proactive health measure reflects IAC's ongoing commitment to the overall health and safety of its workforce.

BEYOND WORK

CARROM COMPETITION

and contract employees. The winners were as follows: in the Male Singles category, Mr Kashinath Badiger claimed victory, while in Male Doubles, he partnered with Mr Sachin Shelke to take home the top prize. In the Female Singles, Ms Sneha Padole emerged as the winner, and she also triumphed in the Female Doubles alongside Ms Archana Padme. Congratulations to all the winners for their outstanding performances!

CELEBRATING UNITY IN DIVERSITY

We celebrated Eid and Gudi Padwa across various IAC locations, fostering community spirit and harmony. Gudi Padwa marks the Hindu New Year, symbolising new beginnings, while Eid al-Fitr concludes Ramadan, emphasising joy and gratitude. We invite everyone to honour these traditions together, enriching our collective experience.

BEYOND WORK

NATIONAL FIRE SERVICE DAY: ENHANCING FIRE SAFETY AWARENESS ACROSS IAC LOCATIONS

In honour of National Fire Service Day, we organised fire safety initiatives at various IAC locations. Chakan-2 held an evacuation drill, Manesar provided Basic and Advanced Fire Fighting training, and Baner conducted certification training, reinforcing our commitment to safety and emergency preparedness within the organisation.

CELEBRATING WORLD ENVIRONMENT DAY AT IAC

On June 5, IAC marked World Environment Day at numerous locations like Chakan-1, Chakan-2, Bidadi, and Manesar with activities like Rangoli art, an ECO Pledge, and an environmental awareness session. We crafted seed balls, planted trees, and created a vertical garden from repurposed materials, promoting sustainability and community engagement while enhancing air quality and reducing waste.

BEYOND WORK

INTERNATIONAL YOGA DAY

IAC India celebrated International Yoga Day with a series of invigorating yoga sessions, showcasing the profound benefits of this ancient practice. Participants immersed themselves in guided sessions that ranged from traditional asanas to mindfulness techniques, fostering a community spirit of health and well-being.

NATIONAL ELECTRICAL SAFETY WEEK

Promoting Electrical Safety at IAC

IAC celebrated National Electrical Safety Week from June 26 to July 2 at numerous locations like Chakan 1, Chakan 2, Manesar and Nashik , focusing on electrical safety awareness across plants. Activities included LOTO training, electrical hazard identification, and mock drills simulating electrocution scenarios, reinforcing our commitment to safe electricity usage, emergency preparedness, and strict safety protocol adherence.

BEYOND WORK

INDEPENDENCE

At IAC India, we celebrated Independence Day with enthusiasm across all locations, featuring flag hoisting and the national anthem. In Baner, we held a Potluck competition, while Bidadi celebrated its first eco-friendly Independence Day, with employees crafting 80% of decorations. Manesar organised a Rangoli competition, Chakan-1 hosted a Quiz Competition and Word Puzzle, with the flag hoisted by honourable guest Mr Rupesh A., Commodity Head - CDMM Trims - EV PV - Mahindra Group Chakan-2 had decoration contests, and the Nashik Plant concluded with flag hoisting, showcasing teamwork and spirit across IAC India.

celebration, starting with Ganesh Sthapana and including a Ganpati idol-making competition. Departments participated in morning and evening aartis, culminating in a heartfelt Visarjan ceremony. Chakan Plant 1 also held an idol-making competition, honouring the top three winners for their creativity.

BEYOND WORK

ENGINEER’S DAY CELEBRATION

IAC India celebrated Engineer's Day across all locations with enthusiasm, organising an online quiz competition that allowed employees to participate and win exciting prizes. Additionally, cake-cutting ceremonies were held at various locations to mark the occasion. At Chakan-1, the celebrations included an engaging Engineering Kaizen Competition, along with a fun-filled game of "Know Your Colleague," promoting teamwork and camaraderie among the employees.

WORLD HEART DAY CELEBRATION

VISHWAKARMA POOJA

IAC Chakan Pant-2 recently celebrated Vishwakarma Pooja, a special occasion where all seek blessings for their work. The event was marked by a solemn puja, and the atmosphere was filled with a sense of unity and devotion. Following the ritual, sweets were distributed among the employees, fostering a sense of joy and camaraderie within the team.

In observance of World Heart Day, IAC India organised a special Cardiovascular Wellness session led by Dr. Abhay Kode, focusing on heart-healthy food choices and diets to prevent heart attacks. Additionally, IAC Chakan Plant 1 hosted an Organ Donation Awareness session by Ms Arati Gokhale from ZTCC Pune, highlighting the importance of organ donation and the registration process.

CSR

INAUGURATION OF RCC WALL PROJECT IN AGHANE

The inauguration ceremony marked a milestone for the CSR project constructing an RCC wall around a well in the tribal area of village Aghane, Pune district. This rural development initiative secured vital infrastructure for the community and gained attention in Sakal Newspaper, highlighting its local impact and importance.

SUCCESSFUL RENOVATION OF HADAPSAR SCHOOL

We at IAC are proud to announce the successful handover of the newly renovated school in Hadapsar, Pune, on July 16, 2024. Previously in poor condition, the school serves underprivileged students whose parents work in manual labour. At the inauguration, students expressed their joy and gratitude for the fresh environment. We extend our heartfelt thanks to the school management and our organising team, especially Mr Chandan

MISSION 2030

TERM PLAN

Fatal, Fire & Serious Accident

Defect Outflow & Delivery miss to Customer

Rank A Compliance & Critical ERM

Reduction in RMC % (MINIMUM) employees to be Inclusive

Inventory Turns (MINIMUM)

Female Diversity (Blue + White Collar)

Reduction in Capex (base FY17-18 until FY23-24 = 1,000 Cr).

(COPQ + Capital & Human Productivity)

Sales Revenue Growth (base 23-24 = 12,000 Cr)

Order Wins as L1