Lulu Group unveils plans for India's largest shopping mall in Ahmedabad

Adgully Bureau |

Lulu Group, the UAE-based retailer, is set to embark on the construction of India's largest shopping mall in Ahmedabad, with an estimated cost of Rs 40 billion ($482.67 million). The commencement of construction is scheduled for this year, as reported by the Asian News International (ANI) news agency. Yusuff Ali MA, Chairman and Managing Director of Lulu Group International, announced the ambitious project at the Vibrant Gujarat Global Summit in India.

In September 2023, Yusuff Ali had revealed plans for two expansive shopping malls in India, located in Ahmedabad and Chennai. Expressing Lulu's expansion strategy, he mentioned the imminent opening of a shopping mall in Hyderabad by the end of the month, along with plans to establish additional malls and engage in food processing ventures in various states.

Lulu Group already boasts malls in six Indian cities: Bengaluru, Lucknow, Hyderabad, Kochi, Thiruvananthapuram, and Coimbatore. Beyond India, the company operates more than 250 hypermarkets and supermarkets across the GCC, Egypt, India, Indonesia, and Malaysia, with a global annual turnover of $8 billion.