Latur, also known as Lattaluru, is an emerging city in the Marathwada region of the Indian state of Maharashtra. The city is close to the state boundary of Maharashtra and Karnataka, on the Balaghat plateau. It functions as the administrative headquarter of the Latur district. The city is a celebrated tourist hub as its historical monuments and the famous Kharosa Caves attract many visitors. Over the centuries, the place was ruled by various great rulers such as the Satavahanas, the Sakas, the Yadavas of Deogiri, the Delhi Sultans, the Chalukyas, the Bahamani rulers of South India, the Mughals, Adilshahi, etc. Latur is a major producer of sugarcane, edible oils, soybean, grapes and mango production. The Keshar Amba variety of mango was developed in the Latur region. Latur is the largest trading center for soybean in India. The city is within the sugar Belt of Maharashtra as it houses more than eleven sugar factories. It also has a thriving market for fruits, oilseeds and commodities. There are many industrial units for agro-processing, edible oils, consumer durables, aluminum processing, plastic processing, agriculture and biotech. It has many cold storage facilities that are privately owned as well as owned by the state.
The Muthoot Group, which has a history of the establishment of around 800 years, was founded in 1887 by Late Shri Ninan Mathai Muthoot, as a modest trading business in the remote village of Kozhencherry, Kerala. The position of the village couldnt be found on the map, and it was lacking all prerequisites for starting and expanding a company such as - mobility, land, resources, industry and favorable market conditions, etc. The Muthoot Group grew and broadened consequently due to sheer will, diligence, honesty, and trustworthiness exhibited by the founders, in spite of such challenging circumstances. Today, The Muthoot Group has garnered the trust of millions of customers. The Muthoot Groups triumph is due to its concern for the society, the hard work put in by its strong workforce of 30,000 employees and the trust of its millions of loyal customers. Each day, the company make an effort to keep their values and ethics intact to serve the customers with services of the utmost quality and ensuring a sustainable existence. The Muthoot Group has entered into every big & small town in India and is diversified into 20 divisions and more than 4500 branches with a global presence.