Sri Muthu Fibres

The group has a humble beginning. The founders Mr. V.Karthikeyan and Mr. V.Rathinasabapathi both had a unique, yet, life-changing dream. They dreamt about a business venture that could ensure environment-friendly processes, which should also offer the most potential value to the customers.
The outcome was the Coconut Fiber factory, the group’s 1st business venture. Though from a middle class background, as sons of Government school teacher, the founders had ambitious plans that they wanted to achieve.
They were ready to work hard and brought in foresighted decision making into the business operations. Soon, the Chit Fund Company was started as well. The group’s success lies in ethical business practice and putting customers first, and soon success in both ventures was inevitable.
The management and staff brought professional management practices and quality processes to expand beyond known horizons and diversified into Finance, Textile, and Coconut related products from there on. The rest, as everyone says, is history!



The Muthuvel group’s flagship firm, Muthuvel Chits was started more than 25 years ago. Today, many families have reached economical independence and could able to successfully fulfill major family commitments – thanks to our Chit schemes that we proactively initiated long back.

The success and customer satisfaction that we could able to achieve with Muthuvel Chits helped and motivated us to expand our horizons to diverse industrial ventures. Subsequently, we set foot in unique business ventures and delivering quality-rich products and services, bringing in positive change in many of our customers.

Based on our experience and expertise in running a successful chit firm, we have ventured into Finance, Textile, Carbon, Coir, Beverage and Agriculture, reaping success in every venture that we focused upon.