Lulu to invest Rs 2,000cr to build shopping mall in Gujarat

The UAE-based retail giant Lulu Group on Saturday announced it will invest Rs 2,000 crore to develop a shopping mall near Ahmedabad in Gujarat as part of its plans to expand business in India. The company has signed a Memorandum of Understanding (MoU) with the Gujarat government, it said in a statement. The Lulu Group already has three operational malls in India and will open two more mall in the country by March next year. https://ift.tt/3ypsRDS