Chief Minister Chandrababu Naidu announced that Lulu Group International has shown renewed interest in investing in Andhra Pradesh. On Saturday, representatives of the Lulu Group, including Chairman and Managing Director Yusuff Ali and Executive Director Ashraf Ali, met with CM Naidu to discuss potential investments.
The discussions focused on exploring investment opportunities in the state, particularly in Visakhapatnam, where the group plans to establish a shopping mall and multiplex. CM Naidu expressed his enthusiasm on social media, stating that Andhra Pradesh is ready to welcome Lulu Group back, emphasizing the state’s potential for growth and development.
I'm pleased to welcome the Chairman & MD of Lulu Group International, Mr @Yusuffali_MA, and the Executive Director, Mr Ashraf Ali MA, back to Andhra Pradesh. I had a very productive meeting with their delegation in Amaravati today. We discussed plans for a Mall and multiplex in… pic.twitter.com/itk1RuUIHX
— N Chandrababu Naidu (@ncbn) September 28, 2024