Mahindra Group now Water Positive

water1Saves 8.4 billion cubic litres through offset mechanism

April 21, 2015, Mumbai: The Mahindra Group achieved Water Positive status during FY 2013-14 with total water consumption of 6.1 cubic billion, and total water savings of 8.4 cubic billion through the offset mechanism. This was largely achieved through a Micro Irrigation System (MIS) project implemented in Gujarat during 2013 by Mahindra Group company, EPC Industries Limited.

The project, known as the Clean Development Mechanism (CDM) project on Micro Irrigation System was implemented in association with the UNFCCC (United Nations Framework Convention on Climate Change), under its Programme of Activities on Energy Efficiency.

The goal of this project was to encourage energy efficiency through the installation of an efficient irrigation system such as drip and sprinkler irrigation, compared to the conventional flood method of irrigation. This resulted in several benefits including savings in water consumption of between 30% and 50%, reduction in labour required by 50%, a decrease in the use of fertilisers by 30-40% and a 12-76% increase in yield.

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

 

A USD 16.5 billion multinational group based in Mumbai, India, Mahindra employs more than 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractorsutility vehiclesinformation technology, financial services  and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

 

In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.

 

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