New Delhi. Lulu Group Chairman MA Yusuf Ali met the state Chief Minister N Chandrababu Naidu on Saturday to once again promote investment in Andhra Pradesh. During the meeting, the Lulu Group chairman discussed investment opportunities in the region including Visakhapatnam, Vijayawada, and Tirupati.

Let us tell you that after the previous Jagan administration canceled their land and activities, Lulu Group had left Andhra Pradesh vowing never to enter again.

Discussion on investment in Visakhapatnam, Vijayawada and Tirupati
Yusuf Ali met the Chief Minister at his residence in Undavalli. During this, CM Naidu discussed investment opportunities in the state with Lulu Group. During the meeting, the development of malls as well as multiplexes in Visakhapatnam, as well as hypermarkets and multiplexes in Vijayawada and Tirupati were discussed. Lulu Group expressed its interest in investing in the food processing industry within the state.

Lulu Group will invest in 3 regions of the state
CM Naidu discussed in detail with the Chairman of Lulu Group on various aspects related to investment and emphasized the commitment of the state government to ease business in the state. The Chief Minister also appreciated the renewed interest of Lulu Group in investing in Andhra Pradesh. The Chief Minister also shared information about the new policies being introduced to promote investment in the state and also thanked the Chairman of Lulu Group for showing interest in investing in 3 regions of the state.

Lulu Group is headquartered in Abu Dhabi.
Lulu Group is a multinational group of hypermarkets and retail companies. This company has many businesses in many countries around the world including India. It was founded in the year 2000 by MA Yusuf Ali of Kerala. The hheadquartersof this group is in Abu Dhabi (UAE). The group has business in 42 countries. Its annual turnover is $ 8 billion. The group has more than 65,000 employees.