India’s largest mall is being set up in Ahmedabad by UAE-based Lulu Group

There is a miniature on display at the UAE stall in Vibrant Gujarat.

Yusuff Ali had hinted in September 2023 that his group would set up two major malls in India, in Ahmedabad and Chennai. (File image)

The largest shopping center in India: LuLu Group, a United Arab Emirates (UAE)-based retailer, will build India’s largest mall in Ahmedabad. The cost of the project is estimated at Rs 4,000 crore. Yusuff Ali MA, Chairman and Managing Director, Lulu Group International said that construction of the proposed mall will commence in 2024 itself while talking to news agency ANI on the sidelines of the ongoing Vibrant Gujarat Global Summit.

There is a miniature on display at the UAE stall in Vibrant Gujarat.

“Construction of India’s largest mall is about to begin, and it is a miniature (model). Construction will start this year itself,” said Ali.

Yusuff Ali had hinted in September 2023 that his group would set up two major malls in India, in Ahmedabad and Chennai.

“We are going to build one of the largest malls in Ahmedabad and Chennai and we will open our mall in Hyderabad at the end of this month. We are also going to different states for malls and food processing,” he had said while talking to ANI.

Currently, the LuLu Group has malls in six Indian cities, the latest of which are Kochi, Thiruvananthapuram, Bengaluru, Lucknow, Coimbatore and Hyderabad.

Lulu Group, headquartered in Abu Dhabi, UAE, is known as a retail trendsetter in the Middle East and North Africa. It operates more than 250 hypermarkets and supermarkets and is immensely popular with discerning shoppers in the Gulf Cooperation Council (GCC), Egypt, India, Indonesia and Malaysia.

In August 2022, Lulu Group announced that it planned to launch as many as twelve malls across India over the next three years, spanning a total of approximately 5 million square feet of development. The UAE-based group said it plans to establish malls in Noida, Gurugram, Chennai and Bengaluru.

“We plan to set up 12 malls in the next three years. These would be in Calicut, Tirur, Perinthalmanna, Kottayam, Palakkad in Kerala and Noida, Varanasi, Prayagraj, Ahmedabad (in Uttar Pradesh), Hyderabad, Bengaluru and Chennai,” Shibu Philips, then managing director of Lulu Group India, had said.

Headquartered in Abu Dhabi, United Arab Emirates (UAE), LuLu Group International was founded in 2000 by MA Yusuff Ali from Nattika in Kerala, India. The Group primarily operates ‘Lulu Hypermarket’, a chain of hypermarkets that is among the top grocers in many of the markets in which it operates.

It is one of the largest retail chains in Asia and the largest in the Middle East with 259 outlets in the Gulf Cooperation Council (GCC) countries and elsewhere. Lulu Group employs more than 65,000 employees from 42 different countries and has annual revenues of $8 billion worldwide.

(With ANI inputs)