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LuLu Group to set up biggest mall in India, invests $365 million

The mall, which will be located in Ahmedabad will house over 300 national and international brands

Lulu Mall Lucknow

Abu Dhabi-based LuLu Group is set to open the biggest mall in Gujarat, India, and has invested $365 million in the project.

The shopping mall will feature modern facilities, and the construction will begin early next year, Lulu Group director of marketing and communications, V Nandakumar said.

This would be Lulu Group’s third shopping mall in the country after Kochi, (Kerala) and Lucknow (Uttar Pradesh), and provide direct employment to 6,000 people and indirect employment to over 12,000 in the state, he added.

The mall, which will be located in Ahmedabad will house over 300 national and international brands, a 3,000-people capacity food court with multi-cuisine restaurants, 15-screen multiplex cinemas with IMAX, India’s biggest children’s amusement centre and many other attractions, according to the Press Trust of India (PTI).

“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,” Nandakumar added.

LuLu Group
V Nandakumar

The $365 million investment by Lulu Group International comes as part of an MoU signed by Lulu Group and the Government of Gujarat by Chief Minister Bhupendra Patel, during the UAE road show held in Dubai.

“Our aim is to make Ahmedabad one of the most prolific shopping destinations in India and there is no doubt that this shopping mall will be a milestone destination for everyone in India and abroad,” Nandakumar told PTI.

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