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Muthoot Pappachan Group, also known as Muthoot Blue, is an India financial services conglomerate founded in 1887 by Ninan Mathai Muthoot. [ 4 ] [ 5 ] [ 6 ] Headquartered in Thiruvananthapuram , Kerala , the group has a workforce of more than 26,000 employees across 4,200 branches in India.
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 .
The Muthoot family is one of the foremost business houses in South India. The family has interests in various sectors of business varying from financial services to media . The founder of the Muthoot Group was M.N. Mathai (who goes by N. Mathai Muthoot), from whom the business house was later taken over by his son, M. George Muthoot ,.
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Muthoot Technopolis is an information technology park at Kochi, India. [ 1 ] [ 2 ] It has a built up space of 350,000 sq ft (33,000 m 2 ) which has been fully occupied by Cognizant , Williams Lea and Sutherland Global Services.
India Today, a weekly magazine, ranked Alexander Muthoot as one of the most influential people in the State of Kerala in the year 2005. Asianet, an Indian television channel, selected Alexander as one of the Millennium leaders in 2000. Dhanam, a fortnightly magazine in India, ranked Muthoot as one of the most important business families in ...
Muthoot's first job was as an office assistant in the family's bank. In 1979, he became managing director of the bank. He was appointed chairman of Muthoot Group in February 1993. [citation needed] At the time he took over the operations at Muthoot, the Group had 31 branches in four states, namely Kerala, Delhi, Chandigarh, and Haryana.