LuLu Group Announces Massive Telangana Investments
LuLu Group, a UAE-based company, aims to invest INR 3,500 crore in food manufacturing, logistics, and retail outlets in Telangana. MA Yusuff Ali, Chairman and Managing Director, LuLu Group, made the announcement in the presence of KT Rama Rao, Minister for IT, Industries, Municipal Administration and Urban Development, Govt of Telangana.
With State Government-allotted land, Shamshabad airport will host a cutting-edge logistics center and
export processing plant for fruits, vegetables, millers, beans, and spices.
The LuLu Group would also procure rice from Telangana, build a meat processing plant, and fish processing unit. Manjeera Mall will be rebranded as LuLu Mall in Kukatpally and employ 2,000 people. The group plans to
invest INR 10,000 crore in India over the next three years in various projects and employ 50,000 people. It
has already invested over INR 20,000 crore in the nation.