Lulu Group to invest $400m in a Hyderabad mall, food processing units

RetailME Bureau

Abu Dhabi-based Lulu Group plans to invest about $400 million in a new shopping mall and food processing units – including a fruit and vegetable processing unit and an integrated meat processing unit – in Hyderabad, the capital of India’s youngest state Telangana.

The shopping mall will be anchored by a Lulu Hypermarket and about 150 other brands. Once construction work starts, the facility is expected to be ready in two years.

A Telangana government delegation met the group in Abu Dhabi this week with a Lulu delegation scheduled to visit Hyderabad next month.