By: Rita G Chauhan
Last updated : July 30, 2019 6:16 pm
International retail player LuLu Group enters UP and AP with various investment plans. The group will use this investment to open Lulu Mall in Lucknow.
Yusuffali, an Indian business tycoon believes that UP has huge potential in different sectors and his company is exploring investment opportunities in retail, hospitality & food processing sector in Kanpur & Noida respectively. The model of the future Lulu Mall was unveiled in the presence of PM Narendra Modi at the inaugural function of UP Investors Summit 2018 in Lucknow.
The group has also launched another project in the state of Andhra Pradesh. Through a PPP route the group would set up 20 lakh sq. feet shopping mall and a luxury hotel on the beach road in the Harbour Park area of Visakhapatnam.