News Feed

Abu Dhabi-headquartered Lulu Group will invest Rs 2500 crore in Uttar Pradesh in three new projects in the state - one Lulu Mall each in Varanasi and Prayagraj and Lulu Food Proecessing Hub in Greater Noida.

UP launched their 3rd Investment Summit and ground breaking ceremony, which was inaugurated by PM Narendra Modi in the presence of CM Yogi Adityanath, Indian Defence Minister Rajnath Singh and other officials in Lucknow.

More than 600 investors are showcasing various initiatives, mega projects as well as number of startups and technological innovations.

This is the first such event in this huge format to be held in India after pandemic challenges and so far 80,000 crore worth of new projects have been committed in the state of UP.

Lulu Group has already completed Rs 2,000 crore Lulu Mall In Lucknow. While Lulu Mall Lucknow will be inaugurated in the coming days, the other three new projects are expected to be completed in two years time, said Yusuff Ali MA, Chairman of Lulu Group while briefing PM Narendra Modi at the Lulu Pavilion.

Yusuff Ali praised the pro development initiatives being implemented in the state of Uttar Pradesh under the leadership of CM Yogi Adityanath and team of officials which has made Uttar Pradesh a very investor friendly and ranking high on ease of doing business index.