Founded in 1887, the Muthoot Pappachan Group (MPG) founded by Mr. George Muthoot has been in the forefront of innovation and catering to the needs and demands of generations after generations. Without compromising on basic principles and ethics, the group has successfully implemented the latest technology and new ways to serve its customers. Started as a retail trading business and then moving to financial services, MPG has been ventured into various sectors and making its presence felt in everything it laid its hands on. MPG is well diversified into new business segments like real estate and property development, hospitality, flight catering, travel services, IT infrastructure, healthcare, automotive sector, entertainment and alternative energy resources.
Muthoot Fincorp Ltd., the flagship company of the Group, with very strong fundamentals, is one of the largest Non-Banking Finance Company (NBFC) registered with the Reserve Bank of India. Muthoot Fincorp is a leading provider of gold loans and other loans through more than 2200 branches in the country and pan India. At Muthoot Fincorp Ltd., the products are specifically planned and designed to serve customers who have no access to mainstream commercial banks. This unique structure is a result of decades of research and experience in the company's rural strongholds. Muthoot finance India provides quick and customized finance options and investment products. MFL is rated at the highest level of P1+ and A1+ by the leading rating agencies, CRISIL & (IRCA).
The other leading company of the group, Muthoot Capital Services Ltd. (MCSL) has an enormous variety of blue-ribbon services and products on offer. With an established base in rural and semi-urban areas in South India, it's now looking to expand throughout the country. MCSL is a BSE listed company which is also is rated at the highest level of P1+ and A1+ by CRISIL & (IRCA).
Muthoot Housing Finance Company is an emerging home financier in India. When it comes to home finance for the lower to middle-income informal sector, Muthoot Housing finance offers affordable home loans in India enabling to fulfill the dream of millions of lower to middle class informal sector to own a house. The company plans to have 25 branches for the Housing Finance in India and apart from reaching out to customers at affordable project sites, would also leverage the strength of the group's existing base of over 1 Million Gold Loan customers.
With a national reputation for extreme reliability and thorough service, it stands to reason that MPG would choose an automotive partner with similar qualities. Muthoot has partnered with worlds reputed brands for authorized retailing of their automotive in India. Muthoot Yamaha India. Muthoot Honda Cochin and Muthoot JLR Cochin are outstanding examples of this successful partnership.
Muthoot Pappachan Group(MPG) has a real commitment towards the environment and society as a whole, which led it to pioneer a whole new energy farming culture. Muthoot alternative energy sources and renewable energy sources are proof to this. Today, with its manifold farms, the total installed capacity in wind power is 25 megawatts with an investment of Rs.125 crores. MPG plans to double its wind power generation capacity by 2012 and thereby powering the lives of many households.MPG are acclaimed infra leaders in Kerala.
Muthoot Pappachan Group(MPG) Hotels and Infrastructure Ventures is a progressive, new age real estate developer with its headquarters in Trivandrum, India. The Group is currently developing 6 hotels to be operated by international brands as alliance hospitality partners as well as commercial and residential spaces in various Indian cities.MPG has also entered the housing sector. With many major projects and luxury serviced apartments across the premium, mid-segment, budget and low cost sectors in Kerala and Tamil Nadu. Muthoot Estate Investments has changed the face of many towns in Kerala. Muthoot Towers, Cochin and Muthoot Arcade, Trivandrum are prominent landmarks occupied by major banks, companies and department stores and are a testimony to superior quality construction and aesthetic design. Muthoot Skychef is a state of the art flight kitchen which serves a wide variety of airlines, such as Air India, Indian Airlines and Qatar Airways. Other clients include charters and VVIP flights transiting Trivandrum.
MPG has made foray into the healthcare and entertainment businesses. Muthoot Hospital and Trauma Care Centre initiated by Muthoot Pappachan Group is one of the foremost trauma centers in Kottayam, Kerala with an objective of providing advanced orthopaedic and world class healthcare in India at affordable costs. Muthoot Medicare is manned team of highly qualified, dedicated and experienced consultants who have proved their professional caliber. Kripa Cinema is located in downtown Trivandrum. It is acoustically a world-class theatre with DTS sound technology, 943 comfortable seats, two cafeterias and extensive car parking facilities. Online booking and reviews make cinema a great experience here.
MPG's customer oriented thinking has enabled to provide new and improved products and services that have been well accepted by the customers. Customer satisfaction and trust is the backbone of Muthoot Pappachan Group. Today MPG has grown to become a well-diversified pan India business conglomerate with a high degree of CSR in Kerala and thereby making the vision of our founder into a reality!