The city of Junagadh in the Indian state of Gujarat functions as the headquarters of the Junagadh district. It is the 7th largest city in Gujarat, situated at the base of the Girnar hills. There are two rivers flowing through the city, namely Sonrakh and Kalwo. The name of the city literally translates to "Old Fort." The city was earlier a princely state and is also known by its previous name "Sorath." Junagadh was initially a part of the Saurashtra state and later belonged to the Bombay state. After the Maha Gujarat movement in 1960, the city became a part of the newly formed state of Gujarat. Mountainous region and forest reserves constitute the topography of Junagadh which doesnt support the growth of industries or plants in the area. The main source of economic growth for Junagadh is its mineral-based cement industry, agricultural production and the power sector. There are huge reserves of limestone in the vicinity of Junagadh, which ensures a thriving cement industry. The major crops cultivated in the area are wheat, oilseeds, cotton, mango, groundnut, garlic, banana, onion and brinjal. There are spectacular tourist spots in Junagadh. The Uparkot Fort is an impressive fort that was built by Chandragupta during the Mauryan rule. The temple at Somnath is famous among Hindu devotees. The Gir Forest National Park draws numerous tourists every year.
Muthoot Finance Ltd. is known as one the large gold financing company in the world. The company also offers other services a part from gold financing such as , money transfers, wealth management services,foreign exchange , travel and tourism and selling of gold coins at branches of Muthoot Finance Ltd. The headquarters of the company is located in Kerala, India, and it operates over 4,400 branches across India. Overseas, It has established its office in the UK, the US, and the UAE. The stocks of the company are listed on the Bombay Stock Exchange (BSE) and National Stock Exchange, while the company comes under the brand umbrella of the Muthoot Group. The target market of Muthoot Finance consists of small businesses, SME business owners, vendors, farmers, traders, and salaried individuals. In 1939, M George Muthoot founded Muthoot Finance. The Reserve Bank of India has licensed Moothot Finance company under Companies act of 1956 to operate as NBFC without taking public deposits, and it is liberated from Money Lenders Acts provisions in Karnataka and other states. The gold loan business of the company constitutes more than 99% of its total revenue.