The Malabar group, which owns the Malabar Gold & Diamonds franchise, is launching a ₹2,000-crore Malabar Integrated Township at Thrissur.
IT and Industries Minister PK Kunhalikkutty laid the foundation stone for the project recently. It provides for an IT hub, a commercial business cluster, a large convention facility, residential apartments, shopping mall, and an entertainment centre spread over five million sq ft and will create 50,000 jobs, Malabar group Chairman MP Ahammed said.