UAE-based retailer LuLu Group plans to build what it calls India’s largest shopping mall, in Ahmedabad, at an estimated cost of ₹4,000 crore.
Construction of the proposed shopping mall will begin in 2024, said Yusuff Ali MA, Chairman and Managing Director, Lulu Group International, while speaking to ANI on the sidelines of the Vibrant Global Summit. Gujarat is happening.
A miniature painting was displayed at the UAE stand in Vibrant Gujarat.
“Construction of India’s largest shopping mall will begin and this is a scaled-down (model),” Ali said. Construction will begin this year.” In September 2023, Yusuff Ali proposed that his team would set up two major shopping malls in India, in Ahmedabad and Chennai.
“We will build one of the biggest malls in Ahmedabad and Chennai and we will open a mall in Hyderabad by the end of this month. We will also go to different states to build malls shopping and food processing center,”
Currently, it has malls in six Indian cities – Kochi, Thiruvananthapuram, Bengaluru, Lucknow, Coimbatore and Hyderabad being the newest ones.
Lulu Group, headquartered in Abu Dhabi, United Arab Emirates, is known as a pioneer in the retail sector in the Middle East and North Africa region. It operates more than 250 hypermarkets and hypermarkets and is extremely popular with discerning shoppers in the GCC, Egypt, India, Indonesia and Malaysia. Lulu Group employs more than 65,000 people from 42 different countries and has annual revenue of $8 billion globally.
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