UAE's Lulu Group is going to build India's largest mall in Ahmedabad. Lulu Group International has acquired land for this mall. According to a report, this mall will be built at an estimated cost of Rs 4,000 crore. Lulu Group International CMD MA Yusuf Ali said that construction is expected to start this year. With more than 65,000 employees, the group does business in 42 countries. Its annual turnover is $ 8 billion.
This mall will be built in 3,50,000 square feet
Lulu Group International CMD MA Yusuf Ali is happy with the UAE-based retailer's plan to invest in India. Expressing happiness over the investment in India, Ali said that he is very happy to provide employment to his fellow citizens (Indians). He further said that the company is getting full support from the Center and the ministries. According to the news, the CMD said that this is one of the biggest projects inaugurated by us. It is to be built in about 3,50,000 square feet. Also, these 3,000 young men and women work here. I am very happy to provide employment to my fellow citizens.
Malls in many cities of India
Ali had said last year that we will create one of the largest shopping malls in Ahmedabad and Chennai. The company has opened its shopping mall in Hyderabad. The group is working on expanding its presence in various states for shopping malls and food processing. Lulu Group currently has malls in six Indian cities – Bengaluru, Coimbatore, Hyderabad, Kochi, Lucknow and Thiruvananthapuram.