UAE-based Lulu Group International seems to enter Gujarat with a capital infusion of Rs 3,000 crore to set up India’s biggest shopping mall in Ahmedabad. The construction of the Ahmedabad shopping mall will commence in early 2023. This would be the third mall by Lulu group in India. The Group had already opened a mall in Kochi and Lucknow.
The Ahmedabad-based mall will have more than 300 national and international brands, along with 15-screen multiplex cinemas. The mall will also have a 3,000-people capacity food court with multi-cuisine restaurants, with the country’s biggest children’s amusement centre.
Lulu Group Director of Marketing and Communications V Nandakumar said, “Our aim is to make Ahmedabad one of the most prolific shopping destinations in India and there is no doubt that this Shopping Mall will be a milestone destination for everyone in India and abroad. Discussions to acquire the land to construct this project are in the final stages and the foundation stone of this mega shopping mall will be laid early next year.”
The Lulu Group is now expanding in India, after having a prominent presence in the southern parts of the country for the past many years. Headquartered in Abu Dhabi, Lulu Group mainly operates in 23 countries located across the Middle East, Asia, the US, and Europe with an annual turnover of $8 billion and staff force of more than 60,000.
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