13 August 2022, Mumbai:
Lulu group, which has built five shopping malls in India with a Rs 7,000 crore investment, now plans to develop about a dozen more malls as the UAE-based group sees huge growth opportunities in the Indian retail space.
Lulu group owner Yusuff Ali is very bullish on India's growth story & Lulu Group’s other malls are located in Kochi, Thrissur, Trivandrum, Bangalore, and Lucknow, entailing some about 3.7 million square feet of leasable area.
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Lulu group Abu Dhabi continues to consolidate its retail presence by expanding its footprints Pan-India.
Lulu group international Headquartered in Abu Dhabi, UAE, Lulu Group currently has 234 hypermarkets and 24 shopping malls in the Middle East, Egypt, India, Malaysia, and Indonesia with a global workforce of over 57,000 employees.
Lulu group india has an extensive expansion plan in India, with many more projects in the pipeline.
(ET report)
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