UAE-based billionaire Yussuf Ali's Lulu Group International is entering Gujarat, where it would invest Rs 3,000 crore to set up India's biggest shopping mall at Ahmedabad, a company official said.
The construction of the Rs 3,000-crore shopping mall, which would have all modern facilities, will start early next year, said Lulu Group Director of Marketing and Communications V Nandakumar.
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.
Confirming the development, Nandakumar told 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."
The Ahmedabad-based shopping mall will have over 300 national and international brands, a 3,000-people capacity food court with multi-cuisine restaurants, 15-screen ...
