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Sat 11 Jan 2014 02:29 AM

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UAE's LuLu eyes meat processing plant in India

Abu Dhabi-based hypermarket chain says new facility would supply its own stores in country

UAE's LuLu eyes meat processing plant in India
Yusuffali MA, founder of EMKE Group which owns LuLu.

LuLu Group, the Abu Dhabi-based hypermarket chain, is reportedly looking at setting up a new meat processing unit in  West Bengal in India.

"We are looking at setting up a meat processing unit in the state solely for supply to our hypermarts," said Sanju Philip, commercial executive of LuLu Group in comments published in local media.

The group operates these units under the Amronn Food and Fair Exports and already has similar facilities at Lucknow, Mumbai and Sahibabad in Uttar Pradesh, Indian papers reported.

Philip was quoted as saying that the company would do a feasibility study on the project. LuLu already operates the largest mall in the country in Kochi.

In November, the boss of retailing giant Lulu Hypermarkets says he was forging ahead with ambitious expansion plans that include 42 new Lulu Hypermarkets in the next two years.

Yusuffali MA, who was ranked the 40th richest Indian on the planet with a fortune of $2.2bn, said despite numbering 104 stores in the Middle East his Abu Dhabi-based company had no signs of slowing down.

It will open seven new hypermarkets in the UAE in 2014-15, six in Oman, four each in Qatar and Kuwait, three each in Bahrain and Egypt and 15 in Saudi Arabia.

New markets were also being pursued in Malaysia, Indonesia, Iraq, Algeria, Morocco and Libya.

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