Lulu Group to set up a state-of-the-art food park in Kerala


February 16, 2022 | By RetailME Bureau

UAE based leading retail conglomerate Lulu Group announced major investments in food sector at Gulfood 2022, which is being held in Dubai World Trade Centre. The group chairman Yusuffali MA, revealed that Lulu will invest INR 4 billion for setting up a state of the art food park in Kalalmassery in Kerala.

The project is expected to be operational by fourth quarter of 2023. The latest investment is over and above the recent INR 11 bn investment announced for Noida, Srinagar and Kochi, bringing total value to Rs15 billion investment in food processing by the group. Meanwhile, Lulu has imported the first consignment of Indian eggs, which was banned for the last 15 years in UAE. The group has imported four containers of Indian eggs, after the ban was lifted recently.

In December, the Lulu group announced an investment of INR 2,000 crore near Ahmedabad to set up a modern shopping mall. It has also announced an investment of INR 500 crore to set up a food processing plant in Greater Noida, Uttar Pradesh. In India, the Lulu group already has four operational shopping malls at Kochi, Thrissur, Trivandrum and Bengaluru.

Lulu also unveiled and launched its new private label brand ‘Goodness Forever’ during the Gulfood 2022. Under this brand Lulu will manufacture and sell a large range of premium speciality products such as organic, free from range, sugar free and similar healthy food products. These products are being manufactured exclusively for Lulu by leading food companies in Italy, Spain and UK.

Comments

comments

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /



Locally-owned supermarket Spinneys and pharmacy retailer Aster Pharmacy have joined forces to 

Continue Reading

September 5, 2022 | By RetailME Bureau
The pandemic has undoubtedly affected us all

Majid Al Futtaim has announced its audit reviewed operational and financial results 

Continue Reading

August 24, 2022 | By RetailME Bureau

Dubai’s largest developer Emaar has announced that it will sell it’s online 

Continue Reading

August 22, 2022 | By RetailME Bureau

Walmart announced this week that it will offer Paramount Global’s streaming service 

Continue Reading

August 19, 2022 | By RetailME Bureau

Employee retention has been on every company’s minds, especially since the fears 

Continue Reading

August 16, 2022 | By Shruthi Nair

The Frozen Chicken’ as Spinneys was fondly referred to back in the 

Continue Reading

August 8, 2022 | By Shruthi Nair

Veppy.com, a Q-Commerce marketplace startup just announced their go live date in the 

Continue Reading

July 20, 2022 | By Justina Eitzinger

GMG, a global well-being company retailing, distributing, and manufacturing a portfolio of leading 

Continue Reading

July 19, 2022 | By Justina Eitzinger

Lulu Group International recently introduced the world’s first AI-powered Food Delivery Robot 

Continue Reading

May 9, 2022 | By Shruthi Nair

Eid Al-Fitr is an occasion to gather with your friends and family 

Continue Reading

April 29, 2022 | By Zubina Ahmed

Leading retailer LuLu Group further strengthened its presence in the Emirate of 

Continue Reading

April 28, 2022 | By RetailME Bureau

Jones the Grocer, the Australian gourmet grocer and café chain, announces further 

Continue Reading

April 28, 2022 | By RetailME Bureau




f
Download Images RetailME Magazine