Latest news with #LuLuGroup
Time of India
a day ago
- Business
- Time of India
HC allows modification of petition against land allotment to LuLu group in Vijayawada
1 2 Vijayawada: The high court on Wednesday allowed the petitioner, who challenged the land allotment made to LuLu Group in Visakhapatnam, to modify the petition to challenge the latest allotment made in Vijayawada. Advocate Paka Satyanarayana earlier filed a Public Interest Litigation (PIL) petition challenging the allotment of 13.83 acres of land in Visakhapatnam at a nominal price. Arguing on behalf of the petitioner, Ashok Ram told the high court that the state govt earlier cancelled the allotment made to LuLu Group at the same location. Now, on the pretext of a letter written by the chairman of LuLu Group, the state govt is again allotting lands without calling for competitive bids. Ashok Ram further said that the lands proposed to be allotted to the LuLu Group are in the Coastal Regulation Zone (CRZ). The state govt recently issued another GO for the allotment of land to LuLu Group in Vijayawada in the same manner, without calling for bids. He sought time to amend the prayer to challenge the GOs issued by the state govt. Allowing the request of the petitioner's counsel, the high court bench, headed by Chief Justice Dhiraj Singh Thakur and Justice Cheemalapati Ravi, posted the matter for further hearing next Wednesday.
Khaleej Times
a day ago
- Business
- Khaleej Times
LuLu expands its value concept stores in UAE; New LOT opens in Mussafah, Abu Dhabi
LuLu has further expanded its value-focused retail concept, LOT, with the opening of a new store at Mazyad Mall in Mussafah, Abu Dhabi. The store was officially inaugurated by Yusuffali M A, chairman of Lulu Group. This strategic expansion reflects LOT's mission to offer affordable, high-quality products to a broader customer base. The new outlet marks the 22nd LOT store in the GCC and the 9th in the UAE. Spanning 20,000 sq ft, the store features a curated range of household essentials, kitchenware, and fashion for men, women, and children — all at highly competitive prices. A special emphasis is placed on UAE-made products to support local industries, alongside a wide variety of globally sourced merchandise. LOT's continued growth across the region underscores the rising demand for value-oriented shopping and aligns with LuLu's vision of operating 52 LOT stores by 2025. Also attending the launch event were Saifee Rupawala, CEO of Lulu Group; Ashraf Ali M A, executive director; Salim V I, COO and strategy officer; Anand A V, director of Lulu International Holdings; Mujeeb Rehman, director of buying; Abu Bakker, director for Abu Dhabi and Al Dhafra region; along with other senior LuLu officials.
Arab News
2 days ago
- Business
- Arab News
LuLu boosts KSA presence with new store, solar project
LuLu Retail has further strengthened its presence in Saudi Arabia with the opening of a new hypermarket in Dammam's Al-Orouba District. The expansion is part of the group's continued support for Saudi Arabia's Vision 2030. The new store was officially inaugurated by Fayez bin Ali Al-Asmari, head of municipality — West Dammam; Ibrahim Abu Abaah, general-secretary of Albeer Association; and Yusuffali M.A., chairman of LuLu Group. 'We are proud to strengthen our retail presence in Dammam. This launch highlights our alignment with Vision 2030 by generating jobs, enhancing retail infrastructure, and delivering a world-class shopping experience,' said Yusuffali. Spanning 81,268 square feet, the new hypermarket offers a wide range of products including groceries, electronics, home furnishings, stationery, and toys. Ample parking and exclusive inaugural promotions ensure a convenient and value-driven shopping experience for all customers. Meanwhile, as part of its commitment to sustainability, LuLu Group also inaugurated its solar power project at the central warehouse facility in the Eastern Province. The 707.7 kWp-rooftop solar plant, developed in partnership with the Kanoo-CleanMax joint venture, was launched by Yusuffali, in the presence of Ahmed Abdulla Ali Mohamed Kanoo, director of Kanoo; Talal Fawzi Ahmed Ali Kanoo, president of Kanoo; and Manoj K. Tripathy, CEO of Kanoo Industrial and Energy. The plant will generate more than 1.19 million kWh of green energy annually, reducing the group's carbon emissions by approximately 535 tonnes per year. This initiative supports the Kingdom's Vision 2030 sustainability goals and reinforces LuLu's commitment to energy saving and environmental responsibility within the retail sector.
Time of India
3 days ago
- Business
- Time of India
LuLu Group allotted land in Vizag, Vijayawada
Vijayawada: The state govt has allotted land to LuLu Group in Vijayawada and for setting up of mega shopping malls. The land was allotted through Andhra Pradesh Industrial Infrastructure Corporation (APIIC) on lease basis for a period of 99 years. Tired of too many ads? go ad free now The govt also allocated 532 acres to Laurus Labs for a pharma park. Laurus Labs informed the bourses that it has been allotted land at Rambilli Phase-II in Anakapalli district for the setting up of Laurus Pharma Zone that will house manufacturing units for pharma products. The company plans to invest Rs 5,630 crore in the project that is slated to provide employment to 6,350 people in three phases over an eight-year period. LuLu Group earlier expressed interest in setting up a mall in Visakhapatnam and the land was allotted to it by the previous TDP govt. However, the land allotment was cancelled by the subsequent YSRCP govt. LuLu has been given the same land where the original proposal was made to construct the mall. The 13.74 acres allotted to LuLu along the beach road will see the construction of a mega shopping mall in a 13.5 lakh sq ft built-up space. The project has been recognised as a special project with three-year lease exemption and land allotment will be done as per the state's tourism policy. The govt has directed the revenue dept and APIIC to resolve all court cases. In Vijayawada, 4.15 acres of land available with Andhra Pradesh State Road Transport Corporation (APSRTC) at old bus station has been allocated to LuLu Group for the construction of an integrated shopping mall with 2.23 lakh sq ft built-up space. Tired of too many ads? go ad free now The govt has directed the NTR district collector to look for alternative lands to relocate APSRTC installations and to compensate the corporation with the land that it is losing. Left parties and worker unions are opposing this move as it was in prime location. LuLu Group chairman MA Yousuff Ali said the mega shopping mall will generate over 7,000 jobs and contribute significantly to the economic development of North Andhra region. Meanwhile, retired IAS officer EAS Sharma has written a letter to chief secretary K Vijayanand, stating that allotting valuable land at low price to a private company is against the law and Supreme Court orders. He also claimed the land allotted to LuLu Group comes under CRZ limits. "The govt should not allot lands to private companies at its will. It should take 10% above the market rate if the land is to be allotted for the benefit of the public. The allotment should be investigated by the CBI," Sarma demanded.
The Hindu
23-07-2025
- Business
- The Hindu
Construction of LuLu mega shopping mall in Visakhapatnam will begin soon, says its CMD Yousuff Ali
LuLu International CMD M.A. Yousuff Ali said at the Investopia-CII meet organised here on Wednesday that the UAE-based multinational business conglomerate would soon begin the construction of a mega shopping mall in Visakhapatnam that would provide employment to 5,000 to 8,000 persons. The LuLu mall in Cochin, which was India's biggest, employed 8,230 persons. The company would soon start a food processing plant and a hypermarket in Vijayawada. Similar hypermarkets were planned in other cities in Andhra Pradesh, Mr. Ali said, observing that these projects would bring in the much-needed foreign exchange and generate employment. Mr. Ali said Andhra Pradesh was achieving commendable progress with each passing day, and that the LuLu Group was happy to be again associated with the State government, while recalling that the construction of the shopping mall in Visakhapatnam did not fructify earlier for reasons beyond his control. As far as the proposed food processing plant in Vijayawada was concerned, Mr. Ali said the area had abundant raw materials, and the facility would help the company in ensuring uninterrupted supply of that material to its 38 food processing plants located around the world. Currently, LuLu was exporting a huge quantity of vegetables and fruits from Andhra Pradesh.
