Lulu Group International, a multinational retail corporation, is set to launch a logistics and food processing centre located in Amritsar, Punjab.
“Our group aims to establish a logistics and food processing center in Amritsar, dedicated to the storage, processing, grading, and packing of diverse local agricultural and other products,” stated Salim M A, director of Lulu Group.
“Amritsar boasts a dynamic business ecosystem, particularly renowned for its flourishing small and medium enterprises (SMEs). By integrating the city into our local product sourcing, we aim to significantly bolster SMEs, local farmers, agricultural cooperatives, and farmers’ producer organizations,” he further commented.
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Discussions have taken place with Taranjit Sandhu, a Lok Sabha candidate from Amritsar, and a delegation from Lulu Group will soon visit Amritsar to engage in discussions with SMEs and other suppliers, aiming to expedite the finalization of this collaboration.
In India, Lulu operates logistics and procurement centers across various states. Annually, these centers facilitate the export of agricultural and other products worth INR 10,000 crores, totaling more than 45,000 megatonnes, to its 270 retail stores spanning the Middle East, Far East, and Africa.
Established in 2000 by Kerala-native M. A. Yusuff Ali, Lulu Group International oversees a network of malls, hypermarkets, and retail ventures spanning GCC (Gulf Cooperation Council) nations, Egypt, Malaysia, Indonesia, and India. Presently, the company boasts over 250 hypermarkets and 25 shopping malls across 22 countries.
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