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WEF: Lulu Group inks deal with Karnataka to invest Rs 2,000 cr - Vimarsana News

WEF: Lulu Group inks deal with Karnataka to invest Rs 2,000 cr

Abu Dhabi-based Lulu Group on Monday inked a deal worth Rs 2,000 crore with Karnataka on the sidelines of the World Economic Forum (WEF) summit at Davos where Chief Minister Basavaraj Bommai was wooing investors.  Lulu Group will invest Rs 2,000 crore to set up four shopping malls, hypermarkets and food processing units in Tier-2 cities of the state. The agreement was signed