Tag: Telangana Lulu
Lulu Group to invest Rs 2,500 cr in Telangana
Lulu Group, promoted by Yusuffali MA, has signed three MoUs with the Telangana government, to develop retail and food processing industry in the state. The agreement was signed during the UAE visit of Telangana Industries Minister K T Rama Rao to Lulu group Head Office in Abu Dhabi. Under the MoUs, Lulu will invest an amount of USD 400 million (Rs 2,500 crore) to construct 1.8 million sq ft area of mega shopping mall, set up food processing plant and a logistics and export processing unit for fruit and vegetables. The foundation stone of the shopping mall will be laid within ... Read more