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During the summit, Yusuffali M A reaffirmed the Lulu Group’s investment strategy, including the
development of a mega shopping mall in Visakhapatnam, a food processing hub and hypermarket
in Vijayawada, and additional hypermarkets across cities in Andhra Pradesh. These projects are
expected to generate over 8,000 jobs, with the food processing center already nearing completion.

The chief minister stated that the state government would provide all necessary support to fast-
track these investments. He also invited other UAE-based companies to explore opportunities in
sectors such as shipbuilding, ports, logistics, space, and tourism.

"Lulu Group’s investments will help create jobs, support farmers, and strengthen the food export
supply chain from Andhra Pradesh to the Gulf region," Naidu said.
Yusuffali added that the company aims to bring fruits and vegetables from Andhra Pradesh to its
stores across the Middle East, giving local produce access to international markets.

https://www.khaleejtimes.com/kt-network/uae-india-investment-ties-get-a-boost-at-investopia-
summit-in-andhra-pradesh