Lulu Group plans to invest Rs 400 cr for food processing centre in Kerala

UAE-based Lulu Group has announced to invest Rs 400 cr for food processing centres in Kerala. The chairman of Lulu Group, M A Yusuff Ali informed today that Lulu Food Park estimated at Rs 400 crore will be established in Kalamassery in Ernakulam. He announced the new project while attending the International Food Exhibition, Gulfood’22, held in Dubai World Trade Centre. The centre will be functional within 18 months. Around 250 people will be given employment opportunities.

Once both phases of the project are completed, more people will be employed. The construction procedure of the food park is scheduled to start soon. The seafood products processing and export centre in Aroor will start functioning by the end of March. The group invested an amount of Rs 150 crore. M A Yusuff Ali informed that the Lulu group is implementing projects with a net worth of Rs 1500 crore in the food processing industry in India.