Lulu group expressing joy in investing in India. He stated that they are getting good support from the central government for investment. Last year the group announced plans to open a 12 new malls in India In that 6 mega mall and hyper market and five-start hotels and banquet restaurant. Lulu Group already has Lulu malls in Kochi, Thiruvananthapuram, Lucknow, Thrissur, Hyderabad, Palakkad, Bangalore. And now they are ready to invest in Ahmedabad, Gujarat. Ali announced they already bought land for a mega mall. This Lulu mall is India’s biggest mall.
This project is built on 3,50,000 sq.ft. and will provide work to 3000 boys and girls. Lulu Group is happy to give employment to their fellow citizens of India. In 2024 the project will start to build and cost approx ₹4000 crore. Does Ahmedabad needs Lulu mall is a question.
Yusuff Ali Chairman of Lulu group from UAE is investing in India and creating chains of lulu malls and hypermarkets. They are known as ‘trendsetters’ in the Middle East and North African retail industry as per ANI reports. Lulu group’s headquarter is in Abu Dhabi, UAE.Lulu Group has 70,000 workforce from 42 nations and has USD 8 billion turnover.
Gujarat already has India’s larger office Diamond Bourse in Surat and now Biggest mall Lulu mall in Ahmedabad. Gujarat is becoming vibrant day by day. Gujarat is safe state across India and having all type of business in this state.