Hyderabad: Muthoot Exim Pvt Ltd has expanded its footprint with a new centre in Chanda Nagar, marking another milestone in the Muthoot Gold Point Hyderabad network. The branch is the company’s 103rd in India, reinforcing its growing presence in Telangana.
The newly launched facility, located at Prabhakar Plaza, is designed to improve access to organised gold recycling services. Moreover, it aims to provide customers with a safe and transparent platform to sell old and unused gold.
Transparent services drive expansion
The Muthoot Gold Point Hyderabad centre allows customers to observe the gold valuation process in real time. This process uses scientific methods to ensure fair and accurate pricing.
In addition, the company offers instant cash payments for gold valued up to Rs 10,000. For higher amounts, payments are processed through secure digital transfer modes. Therefore, customers benefit from both convenience and transparency.
Leadership highlights Hyderabad’s importance
According to Thomas Muthoot, Executive Director of Muthoot Pappachan Group and Managing Director of Muthoot Exim, Hyderabad holds strong cultural and economic ties to gold.
He noted that the expansion will further strengthen the company’s presence in Telangana. Furthermore, he said the initiative helps customers monetise unused gold responsibly while supporting a structured gold ecosystem.
Growing demand in Chanda Nagar
Keyur Shah, CEO of Muthoot Exim, highlighted that Chanda Nagar is a rapidly developing residential and commercial hub.
He explained that many customers view gold as both a cultural asset and a financial reserve. As a result, the new centre brings reliable and transparent valuation services closer to the local community.
Nationwide growth strategy continues
The company launched its first Gold Point Centre in Coimbatore in 2014. Since then, it has steadily expanded across major cities in India.
Overall, the Muthoot Gold Point Hyderabad expansion reflects the company’s strategy to promote responsible gold recycling. Additionally, it aims to enhance customer trust through transparent and efficient services.
