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UAE’s Lulu Group to Invest Rs400bn in Kerala – Deccan Herald

The announcement was made by Lulu chairman Yusuffali MA during Gulfood 2022, a regional food sector exhibition in Dubai


Lulu
Lulu Group chairman Yusuffali MA. Photo: @Yusuffali_MA/Twitter

 

The United Arab Emirates-based retail major Lulu Group on Tuesday said it would invest 4 billion rupees ($53 million) to set up a food production facility in the southern state of Kerala, the Deccan Herald reported.

The announcement was made by Lulu chairman Yusuffali MA during Gulfood 2022, a food sector exhibition being held at the Dubai World Trade Centre.

Read the full report: Deccan Herald

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.