Hyderabad: Telangana IT & Industries Minister KT Rama Rao inaugurated UAE-based retailer LULU Group first mall in Hyderabad on Wednesday. Speaking on the occasion KTR said that the mall was a first step of the LULU Groups investment of Rs.3, 500 crore.

LULU Group is going to invest in supermarkets, malls, food processing and allied sectors including aqua and fish processing. The mall, which has come up in Kukatpally area with an investment of Rs. 300 crore, will offer international shopping experience to the people of Hyderabad and its surrounding areas. This would not only create employment opportunities for youths in Telangana but also benefit fish and poultry farmers, he said.

LULU Group Chairman Yusuff Ali said they were committed to invest
Rs.3, 500 crore over the next three years in Telangana. The investment will be in a destination shopping mall, mini malls and agriculture sourcing, logistics and processing hub for facilitating 100% exports. The second project would be export-oriented state-of-the-art food processing centre including meat processing in Hyderabad, he added.

LULU Group is also planning seafood procurement and processing centre in the constituency of the Sircilla, to support the local fishermen community, he said. The mall hosts a mega Lulu Hypermarket with more than 75 local and international brands, a five-screen cinema with a seating capacity of 1,400, a multi-cuisine food court, and children’s entertainment centre etc.

LULU Hypermarket offers an extensive range of fresh produce and grocery and will have separate sections for fashion, home appliances, electronics, mobiles, IT, and lifestyle products under the brand names, ‘Lulu Fashion Store’ and ‘Lulu Connect.