LuLu Group has dramatically escalated its investment footprint across India, marking Republic Day with substantial commitments to retail expansion and agricultural export infrastructure. The multinational conglomerate unveiled comprehensive plans for new shopping malls, hypermarkets, and specialized food processing centers spanning multiple states.
In a strategic move, Chairman Yusuffali M.A. formalized agreements with Andhra Pradesh Chief Minister N Chandrababu Naidu to establish multiple flagship projects. These include a monumental shopping mall in Visakhapatnam—positioned to rank among India’s largest retail developments—alongside specialized food sourcing and export facilities in Vijayawada and Rayalaseema. The Visakhapatnam mall alone anticipates generating approximately 5,000 direct employment opportunities and an additional 12,000 indirect jobs upon its scheduled opening within three years.
The export-oriented initiatives will focus on value-added processing of regional agricultural products including mango pulp, guava pulp, and premium spices under the LuLu brand. These facilities are designed to enhance market access for local farmers while strengthening international trade channels to GCC markets and Egypt.
Concurrently, LuLu Group is advancing its retail network with new hypermarkets in Chennai scheduled for mid-2026 completion. Additional Express Stores and shopping complexes are being finalized in key urban centers including Bengaluru, Lucknow, Noida, and Gurugram. The expansion strategy also includes identifying potential mall locations in Gujarat’s Chandkheda area, situated within the Gandhinagar parliamentary constituency along the SP Ring Road corridor.
Chief Minister Naidu characterized the Visakhapatnam development as the ‘Navaratna’ (nine jewels) of LuLu’s Indian portfolio, emphasizing its dual role as both retail destination and tourism experience center. He encouraged accelerated construction timelines aiming for a six-month early opening.
This comprehensive investment push demonstrates LuLu Group’s deepening integration within India’s economic ecosystem, combining retail innovation with agricultural supply chain development to create multifaceted growth opportunities across multiple states.