Muthoot Fincorp becomes member of global growth companies community of world economic forums

KOCHI: Muthoot Fincorp Ltd., the flagship gold loan company of the Muthoot Pappachan Group, has joined the global growth companies (GCCS) community of world economic forums as one of the fastest growing firms from India

The forum comprises 370 entities across five continents and from 60 countries as its current members. The member companies are fast growing ones with clear potential to become global economic leaders based on factors like business model, growth record, leadership. They are among the most influential and successful companies within in their sector. As many as 45 companies are in the list of 370 firms.

Apart from gold loans, Muthoot Fincorp has a diverse mix of retail offerings catering to various needs of the customers including money transfer, forex services and insurance and investment advisory services. Being part of the group is a reflection of our efforts and it will only push us to achieve greater milestones,'' said Thomas John Muthoot, CMD of Muthoot Fincorp.

The world economic forum's community of global growth companies was formed in 2007 to engage dynamic high-growth companies with the potential to be tomorrow's industry leaders and to become a driving force of economic and social change.