Lulu Group to invest Rs 60 cr in J&K to set up food processing centre
MUMBAI: The Abu Dhabi-based LuLu Group on Thursday announced setting up of a food processing and logistics centre in Jammu & Kashmir.
The decision was announced after Group”s Founder Chairman Yusuf Ali met a J&K delegation headed by its Principal Secretary (Agriculture) Navin Kumar Choudhary in Dubai on Thursday, the group said in a statement.
A group spokesperson from Abu Dhabi that had it not been for the lockdowns, their plan would have materialised already. Given the normalisaiton, now they hope to finalise the land for the project in the Jammu region by next February, the spokesperson added.