The Group’s heritage of being awarded for standout achievements goes as far back as 1954 when the Government of India awarded Machani Somappa—the fourth among the five Machani brothers—the Padma Shri (Public Affairs), featuring in the government’s earliest list of awardees.
A shining star of his times and the family’s patriarch, Machani Somappa was a multi-faceted individual, revered as an industrialist, an educationist, and a social activist. The Group’s eminence is linked inseparably with Machani Somappa’s achievements, be it creation of the Yemmiganur Weavers Cooperative Society (YWCS) post the famine of 1934 and 1936, or the several other cooperative societies that followed its success. The industrial ventures he started and ran add to his list of achievements, as does his election to the post of president of the All India Handloom Fabrics Marketing Co-op Society. An all-India entity, this society went on to establish a chain of handloom showrooms across the country—the legendary “Handloom House.”
The Group continues with its tradition of garnering awards to this date: the MGB Group was listed by ET among the top 100 in its 2018 List of Power Dealers in the automobile industry and ranked 57 among 15000 automobile dealerships. The listing was repeated in 2019, with a rank of 61.
Run by the family’s second and third generations, the Group continues to ensure a thriving growth trajectory. Alongside, its twin principles of Empathy and Integrity help it to preserve the creed of the close-knit family that it lives by.