India’s Biggest Shopping Mall All Set to Open in Ahmedabad
The UAE-based Lulu Group is likely to enter Gujarat with a massive investment to set up India's biggest shopping mall in Ahmedabad.
The UAE-based Lulu Group International is likely to enter Gujarat with a massive investment of Rupees 3,000 crore to set up India's biggest shopping mall in Ahmedabad. Headquartered in Abu Dhabi, the capital of the United Arab Emirates, Lulu Group is a globally known international business that ranges from hypermarket operations to shopping mall development, manufacturing, and trading of goods, hospitality, and real estate. LuLu Group mainly operates in 23 countries located across the Middle East, Asia, US, and Europe. The Group has an annual turnover of around 8 billion dollars and a staff force of more than 60,000 employees. The Group entered Lucknow in July this year with an investment of around 2,000 crore, which is expected to provide more than 15,000 direct and indirect job opportunities. While the Group made a similar investment in the Kochi mall last year in December with an expectation of providing over 10,000 job opportunities..
Lulu Group Director of Marketing and Communications V Nandakumar has now stated that the construction of the shopping mall will start in early 2023. This would be the third shopping mall of Yussuf Ali's Lulu Group in India. Earlier, the Group had opened a mall in Kochi, Kerala, and Lucknow, Uttar Pradesh. Nandakumar confirmed the 3,000 crore shopping mall development in Gujarat. He said, discussions to acquire the land to construct this project are in the final stages and the foundation stone of this mega shopping mall will be laid early next year. According to Nandakumar, the Ahmedabad-based mall will have more than 300 national and international brands, along with 15-screen multiplex cinemas with Imax. Also, the mall will have a 3,000-people capacity food court with multi-cuisine restaurants. Additionally, the mall will have the country's biggest children's amusement centre among many other attractions. The aim is to make Ahmedabad one of the most favourable shopping destinations in India, Nandakumar stated. What do you think about India’s biggest shopping mall which is all set to be opened in Ahmedabad soon? Do mention your thoughts in the comment section below.
