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 greatest investments to come back into the BJP-ruled Uttar Pradesh, the most important 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 over time.
A outstanding identify in South India, particularly in Kerala, the native place of Ali, Lulu Group is principally identified 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 will not be solely identified for his enterprise success but in addition for his philanthropic methods.
He left the nation in 1973 for Abu Dhabi to affix the EMKE Group of firms. 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 whole.
Yusuff Ali is the chairman and managing director of LuLu Worldwide Buying 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 called a trendsetter of the retail trade within the area. It operates over 200 shops and is immensely fashionable with discerning consumers throughout the GCC, Egypt, India, Indonesia and Malaysia.
In accordance with data obtainable on Lulu group’s web site, it has 18 hypermarkets and seven buying malls within the pipeline.
LuLu Group, with its 57,000-plus sturdy workforce from 42 totally different nations, has an annual turnover of USD 8 billion globally, as per the web site.
The group operates retail shops, supermarkets, department shops, buying 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.
Moreover retail, Lulu Group additionally has a presence in companies similar to meals processing, and commodities buying and selling non-public labels. It’s the principal supplier of meals and client items. It has two of the most important meals processing amenities in India in Uttar Pradesh and Mumbai based by FAIR EXPORTS.
In accordance with media reviews, additionally it is organising a meals and vegetable processing unit in Higher Noida.
Lulu Group can be current within the hospitality sector and owns five-star luxurious properties, huge conference centres and journey consulting firms.
LuLu Group India, the corporate’s Indian subsidiary, has stretched its operation in hypermarkets, buying malls, meals processing items, e-commerce and enjoyable stations.
Final 12 months, LuLu Group Worldwide’s brand-retailing unit Tablez launched ‘Home of Toys’, India’s first international youngsters’ tremendous retailer at Bengaluru.
Moreover, 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, in response to the web site.
Supply: Live Mint