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Friday, July 12, 2024

Abu Dhabi’s LuLu Group launches huge mall in Hyderabad

Abu Dhabi’s LuLu Group has entered Telangana with the opening of a 500,000 sqft mall and hypermarket in Hyderabad. The group plans to invest Rs35 billion in the state over the next three years. This marks their sixth city in India, following Kochi, Thiruvananthapuram, Bengaluru, Lucknow, and Coimbatore.

The inauguration was attended by Telangana Minister KT Rama Rao and UAE Consul-General Aaref Ali Al Taboor Al Nuaimi, among others. The mall, built with an investment of Rs3 billion, is located in Kukatpally, Hyderabad.

The launch resulted from discussions and an MoU signed during Rao’s visit to the World Economic Forum. LuLu Group has further investments planned, including a food processing facility and seafood center, highlighting the ease of doing business in Telangana and generating over 2,000 jobs.

The mall features a hypermarket, numerous brands, cinemas, restaurants, an entertainment center, and ample parking space.

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