Elite Foods & Innovation Group, based in Thrissur, is a Rs 1,500 crore conglomerate with interests in food products, real estate, and international trade.

The company is expanding across Karnataka, Andhra Pradesh, Telangana, Maharashtra, and West Bengal. Raghuram Raghulal, President of the Group, stated that cakes are the fastest-growing segment in the food and confectionery market, with a 12-13 percent annual growth rate. The food and confectionery division contributes Rs 1,200 crore to the company’s turnover, while real estate and international trade account for Rs 300 crore.

During its Founders' Day celebrations, the Group launched health-focused products under the "Elite Health Products" label, including protein bread and protein-rich wheat porotta. In real estate, the Group's arm, Elite Developers, introduced Olympia Park, a premium residential project in Olari, Thrissur. The development features 100 exclusive units, with configurations like two-BHK, three-BHK, and duplex options. The project integrates active lifestyle amenities for modern families. The company also announced future projects, including Elite Ananta, a luxury Sky Villa development in Thiruvananthapuram, and Elite Springdale, a premium villa project in Thrissur.