Abu Dhabi-based LuLu Group to build one of the largest shopping malls in Ahmedabad

Ahmedabad: LuLu Group International plans to establish two large shopping malls in India, specifically in Ahmedabad and Chennai, as announced by Yusuff Ali, the Chairman and Managing Director of the company on Monday.

During an interview with a news agency, Ali stated, “We are going to build one of the largest shopping malls in Ahmedabad and Chennai, and we are opening our shopping mall in Hyderabad at the end of this month. Additionally, we are exploring opportunities in various states for additional shopping malls and food processing facilities.”

Hyderabad will mark the sixth city where the LuLu Group has a shopping mall presence, following Kochi, Thiruvananthapuram, Bengaluru, Lucknow, and Coimbatore. Headquartered in Abu Dhabi, UAE, the LuLu Group currently operates more than 250 hypermarkets and supermarkets, attracting discerning shoppers across the GCC, Egypt, India, Indonesia, and Malaysia.

During an event where numerous Memoranda of Understanding were signed between Indian and Saudi Arabian companies, covering various sectors such as Information Technology, agriculture, pharmaceuticals, petrochemicals, and human resources, among others, Ali commented on the growing relationship between India and Saudi Arabia. He expressed gratitude for the recent liberalization and improvements in ease of doing business in India.

The signing of these MoUs coincided with the State visit of Saudi Arabian Prime Minister and Crown Prince Mohammed bin Salman Al Saud, who had previously participated in the G20 Summit in New Delhi.

The LuLu Group employs a workforce of over 65,000 individuals from 42 different nations and boasts a global annual turnover of USD 8 billion. DeshGujarat