Lulu Group to invest to set up food park in Kerala

16 February 2022, Mumbai:

UAE-based Lulu Group has announced the launch of a food processing centre in Kerala. The chairman of Lulu Group, M A Yusuff Ali said that Lulu Food Park estimated at Rs 400 crore will be established in Kalamassery in Ernakulam.

He announced the new project while attending the International Food Exhibition, Gulfood'22, held in Dubai World Trade Centre.

The centre will be functional within 18 months. Around 250 people will be given employment opportunities. Once both phases of the project are completed, more people will be employed.

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The construction procedure of the food park is scheduled to start soon. The seafood products processing and export centre in Aroor will start functioning by the end of March. The group invested an amount of Rs 150 crore.

M A Yusuff Ali informed that the Lulu group is implementing projects with a net worth of Rs 1500 crore in the food processing industry in India. He also unveiled many food products imported from different countries relating to Gulfood.

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*Figures mentioned in the above article have been sourced from Mathrubhumi article.