Nanded is the 8th largest city in the state and the second largest in the Marathwada subdivision of the Indian state of Maharashtra. It is a major destination Sikh pilgrims as the city was the permanent abode of the 10th Sikh Guru - Guru Gobind Singh, who passed away in the city in 1708. Nanded is closer to Hyderabad than to the Maharashtra state capital Mumbai. The city of Nanded is divided into two distinct parts by the Godavari - the old Nanded on its north bank and the new city in the south. Nanded is known for the agricultural trade of cotton, mangos, soya beans, bananas, sugarcane, sweet limes, and sorghum that are cultivated in and around the city. The city has an agricultural school and a cotton research center dedicated to assist the cotton production industry. The tourism industry also fuels the citys economy. 10 million visitors and religious pilgrims boost the tourism industry of the city.
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.