This article contains promotional content. (March 2021) |
Company type | Conglomerate |
---|---|
Industry | Finance Hospitality Broadcast media Healthcare Education Renewable energy Real estate Restaurant |
Founded | 1887 |
Headquarters | Kochi, Kerala, India |
Key people | George Alexander Muthoot (MD) George Jacob Muthoot (director) George Thomas Muthoot (director) |
Revenue | ₹62.43 billion (US$750 million) (2018)[1] |
Number of employees | 30,000+ (2017)[2] |
Website | www |
The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala.[3] It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, restaurant, and hospitality. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE.[4] The group manages assets of over $4.5 billion. It is owned and managed by the Muthoot family.
The group takes its name from the Muthoot Family based in Kerala. The company was set up by M. N. Mathai (who goes by N. Mathai Muthoot) in 1887 at Kozhencherry, a small town in the Kerala. It was then later taken over by his son M George Muthoot, who incorporated the finance division of the group, which was until then primarily involved in wholesale of grains and timber. The company is now managed by the third and fourth generation of its family members.