Archive · 27 Jan 2026
Elite Group Expands Food Business Nationwide
Elite Foods & Innovation Group is a big company that makes food, builds houses, and does international trade.
They are expanding their food business to new states in India like Karnataka and Maharashtra.
Their cakes are growing very fast, and they just launched new healthy food products like protein bread.
They also announced new housing projects, including a fancy villa in Thiruvananthapuram.
The company wants to become a leader in the food business and make products that everyone will like.
Elite Foods & Innovation Group is expanding its food business to Karnataka, Andhra Pradesh, Telangana, Maharashtra, and West Bengal.
The company's food and confectionery segment accounts for ₹1,200 crore of its ₹1,500 crore turnover.
Cakes are the fastest-growing segment with a CAGR of 12–13%.
New health-focused products include protein bread and protein-rich wheat porotta.
The Group launched new real estate projects, including Olympia Park in Thrissur and Elite Ananta in Thiruvananthapuram.
- Who
- Elite Foods & Innovation Group
- What
- Expansion of food business and real estate projects
- When
- January 27, 2026
- Where
- Karnataka, Andhra Pradesh, Telangana, Maharashtra, West Bengal, Thrissur, Thiruvananthapuram
- Why
- To enhance leadership in food business and cater to modern families
- Company
- Elite Foods & Innovation Group
- Revenue
- ₹1,500 crore
- Food Segment Revenue
- ₹1,200 crore
- CAGR for Cakes
- 12–13%
- New Health Products
- Protein bread, protein-rich wheat porotta
- New Real Estate Projects
- Olympia Park, Elite Ananta, Elite Springdale