📷 Image: Wikimedia Commons / Ginevrajocosa88
Business
Thumbay Group to Launch Major Projects in Coastal Karnataka
✍️ mangaloretoday.com
🗓 15 Aug 2026, 10:37 PM
👁 5
Thumbay Group, led by Dr Thumbay Moideen, announced plans to develop several large‑scale projects along the coast of Karnataka, aiming to boost regional infrastructure and tourism.
Thumbay Group announced its intent to undertake several major projects along Karnataka's coastline, as stated by Dr Thumbay Moideen during a press briefing.
The planned developments include a mixed‑use complex, a luxury resort, and a logistics hub designed to improve connectivity and attract tourists.
Construction is expected to begin in 2025, with the group projecting significant job creation and economic benefits for local communities.
Dr Moideen said the projects will roll out in phases, starting with a 150‑acre site in the Mangalore region before expanding to Udupi and other coastal towns.
The planned developments include a mixed‑use complex, a luxury resort, and a logistics hub designed to improve connectivity and attract tourists.
Construction is expected to begin in 2025, with the group projecting significant job creation and economic benefits for local communities.
Dr Moideen said the projects will roll out in phases, starting with a 150‑acre site in the Mangalore region before expanding to Udupi and other coastal towns.