According to sources new and bulk investments to India and the youngest state of this nation Telangana are inline. Presently that PM Modi led govt has approved 100% FDI in single brand retail; foreign businessmen are looking forward to make major investments in Telangana state. Previously an Abu Dhabi-based liability company 'LuLu group' signed an MoU with Telangana state government to set up a state of art food processing unit in Medak district and a modern, world class shopping mall in Hyderabad. 



Meanwhile the Lulu group will invest 1.46 billion Dirhams (2,500 Crore INR approx) for both the projects in state, apart from Dh 550 Million & Dh 2.5 billion in Uttar Pradesh and Kerala respectively. Previously the Lulu group, in 2013, has built a largest shopping mall of India in Kochi and it is built in an area of 2.5 Million square feet. Presently the group is planning to construct similar malls in rest of the Indian cities including Lucknow, Chennai, Bengaluru and Thiruvananthapuram.

Image result for Lulu Mall in cochin

Meanwhile Minister KTR has official made the announcement after signing a MoU with LuLu group founder and MD M.A Yousuf Ali and also, the LuLu is anticipated to build a five star hotel and a world class convention center in the port city of Andhra Pradesh- Vishakapatnam at a cost of Dh410 Million.

Image result for Lulu Mall in cochin

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