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Lulu Group India already has a outstanding presence within the southern elements of the nation.
Lucknow is the fourth metropolis after Kochi, Bangalore and Thiruvananthapuram the place the Abu Dhabi-based group is opening a hypermarket.
The newest institution in Lucknow would even be one of many largest investments to return into the BJP-ruled Uttar Pradesh, the biggest state within the nation by inhabitants.
The 66-year-old Yussuf Ali MA, the driving power behind the group and an affable and well-connected businessman, has been increasing his enterprise actions through the years.
A outstanding identify in South India, particularly in Kerala, the native place of Ali, Lulu Group is especially recognized for its sprawling supermarkets.
The group, with pursuits in a number of enterprise areas, together with actual property, has a big presence in lots of Gulf nations in addition to the US, the UK, Italy and China, amongst different nations.
About Yussuf Ali
Born within the Thrissur district of Kerala the place he did his education earlier than shifting to Gujarat to pursue enterprise administration, Yussuf Ali is just not solely recognized for his enterprise success but additionally for his philanthropic methods.
He left the nation in 1973 for Abu Dhabi to affix the EMKE Group of corporations. He based Lulu Hypermarket in 2000 and now has operations in 22 nations throughout the Center East, Asia, the US, and Europe. It has 235 retail shops in complete.
Yusuff Ali is the chairman and managing director of LuLu Worldwide Purchasing Mall Kochi, Kerala and LuLu Worldwide Conference Centre Thrissur, Kerala. Amongst different positions, he’s the Vice-Chairman – Non-Resident Keralites Affairs Division (NORKA ROOTS), Authorities of Kerala.
He’s additionally a former member of India’s Prime Minister’s International Advisory Council from 2008-2014.
About Lulu
LuLu Hypermarket, the retail division, has been often known as a trendsetter of the retail business within the area. It operates over 200 shops and is immensely well-liked with discerning buyers throughout the GCC, Egypt, India, Indonesia and Malaysia.
In line with info out there on Lulu group’s web site, it has 18 hypermarkets and seven purchasing malls within the pipeline.
LuLu Group, with its 57,000-plus sturdy workforce from 42 completely different nations, has an annual turnover of USD 8 billion globally, as per the web site.
The group operates retail shops, supermarkets, department shops, purchasing malls and hypermarkets. The corporate produces and processes meat merchandise, manufactures and exports silk, clothes, sources, and exports numerous agro-products, cashew nuts, espresso, rice, pulses, fruits, meat, fish, greens, footwear, textiles, baggage, electronics, and family articles.
Apart from retail, Lulu Group additionally has a presence in companies equivalent to meals processing, and commodities buying and selling non-public labels. It’s the foremost supplier of meals and client items. It has two of the biggest meals processing amenities in India in Uttar Pradesh and Mumbai based by FAIR EXPORTS.
In line with media studies, additionally it is establishing a meals and vegetable processing unit in Larger Noida.
Lulu Group can also be current within the hospitality sector and owns five-star luxurious properties, massive conference centres and journey consulting corporations.
LuLu Group India, the corporate’s Indian subsidiary, has stretched its operation in hypermarkets, purchasing malls, meals processing models, e-commerce and enjoyable stations.
Final 12 months, LuLu Group Worldwide’s brand-retailing unit Tablez launched ‘Home of Toys’, India’s first world children’ tremendous retailer at Bengaluru.
Apart from, it’s increasing ‘GO Sport’, which is a one-stop organised sports activities retailer with a number of energy manufacturers and personal labels.
The group’s operational bases are unfold throughout the UAE, Oman, Qatar, Kuwait, Bahrain, Saudi Arabia, Egypt, Indonesia, Thailand, Vietnam, Malaysia, Philippines, China, Sri Lanka, Kenya, Uganda, South Africa, Turkey, Spain, Italy, UK, USA and India, based on the web site.
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