Lulu Group to Boost Andhra Pradesh Economy with Hypermarkets, Shopping Mall, and Logistic Centres

Lulu Group International, under the leadership of Yusuffali MA, plans to establish advanced food processing and logistic centres in Andhra Pradesh, alongside hypermarkets and a shopping mall. This initiative follows a successful meeting with Chief Minister N Chandrababu Naidu, marking a significant investment in the state's retail and food processing sectors.

Lulu Group International, a UAE-based conglomerate, is set to significantly enhance the retail and food processing landscape of Andhra Pradesh. Chairman and Managing Director Yusuffali MA announced plans for cutting-edge food processing and logistic centres, along with hypermarkets and an international-standard shopping mall in the state.

Following a fruitful discussion with Andhra Pradesh Chief Minister N Chandrababu Naidu, Yusuffali stated the company will establish an 8-screen IMAX multiplex in Vizag and state-of-the-art hypermarkets in Vijayawada and Tirupati. The partnership, he noted, builds on an 18-year-long brotherly relationship with Naidu.

Chief Minister Naidu confirmed the collaboration on social media, highlighting the productive meeting and the state government's commitment to provide every possible support. With an $8 billion annual turnover, Lulu Group operates in 25 countries, covering sectors from retail to real estate.

(With inputs from agencies.)