The Motor & General Finance Limited (MGF), established in 1930, is the flagship company of the MGF Group, which has expanded into diverse sectors over the past 60 years. Initially focusing on automobile hire-purchase, MGF has grown into one of the largest TELCO dealers in India, particularly serving Kerala and Tamilnadu. The company has diversified into financing earth-moving equipment for construction and mining, as well as merchant banking, insurance, housing finance, stock brokerage, asset management, and corporate advisory services.
MGF has expanded its operations across major Indian cities and has formed strategic partnerships, including a significant venture with Citicorp Securities and Investments. The company has undergone several amalgamations, notably integrating MGF India Ltd and Goodwill India Limited in 2002, and NAP Sales Private Limited and Janata Cinemas Properties & Finance Limited in 2009, consolidating its position in the industry. MGF's broad spectrum of services and strategic expansions underscore its robust market presence.
