Nadiad is a large city in the Kheda district of the Indian state of Gujarat. Nadiad hosts around 2.3 lakh residents who mainly speak in Gujarati and Hindi. It is believed that this city had been a settlement of rope-dancers. The historical name of Nadiad was "Natapadra" which means outskirts of natas (ropes) or "Natpur" which means city of natas. It is also called Nandgam. The city has a special regard for the number 9 as it has nine step wells, nine villages or towns located in it, nine roads that enter and exit the city and nine lakes. Nadiad is also referred to as sakshar Bhumi which means The land of the educated. Nadiad experiences mild winters and very hot summers. Nadiad was the land of laureates and writers during the late 19th century and the early 20th century when the city largely contributed to the Gujarati literature.
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.