Business Groups

Business groups in Kerala refer to a collection of companies that are owned or controlled by the same family or group of individuals. These groups are an essential component of the state's economy, driving growth and providing employment opportunities. Here is an overview of the history of business groups in Kerala and some of the top players in the industry:

History of Business Groups in Kerala:
The history of business groups in Kerala dates back to the early 20th century. The state's first business group, the Travancore National and Quilon Bank, was established in 1907. The group was owned by a group of wealthy individuals and played a significant role in the state's economy. Since then, the number of business groups in Kerala has increased significantly, with a range of players operating in various sectors, including real estate, manufacturing, and services.

Top Business Groups in Kerala:

Kalyan Group: Kalyan Group is one of the largest business groups in Kerala, with a presence in several sectors, including real estate, hospitality, and retail. The group was founded in 1993 and is owned by T.S. Kalyanaraman. The Kalyan Group is known for its flagship brand, Kalyan Jewellers, which is one of the largest jewelry retailers in India.

AVA Group: AVA Group is a leading business group in Kerala, with a presence in several sectors, including real estate, hospitality, and healthcare. The group was founded in 1939 and is owned by V.A. Ahmed Kutty. The AVA Group is known for its flagship brand, AVA Hotels and Resorts, which operates several luxury hotels in India and abroad.

Muthoot Group: Muthoot Group is a diversified business group in Kerala, with a presence in several sectors, including finance, hospitality, and healthcare. The group was founded in 1887 and is owned by M.G. George Muthoot. The Muthoot Group is known for its flagship brand, Muthoot Finance, which is one of the largest gold loan providers in India.

Kitex Group: Kitex Group is a leading textile manufacturing business group in Kerala. The group was founded in 1968 and is owned by Sabu M. Jacob. The Kitex Group is known for its flagship brand, Kitex Garments, which manufactures and exports children's clothing to several countries.

Anna Group: Anna Group is a diversified business group in Kerala, with a presence in several sectors, including real estate, manufacturing, and services. The group was founded in 1930 and is owned by K.P. Jacob. The Anna Group is known for its flagship brand, Anna Aluminium, which manufactures and exports aluminum extrusions to several countries.

These are just a few examples of the top business groups in Kerala. The state has a vibrant business community, with several players operating in various sectors, driving growth and providing employment opportunities.

Website details of various business groups in Kerala.