Yussuf Ali, a billionaire based in UAE, launches Lulu Group in UP with a supermarket

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Yusuf Ali-led billionaire Yussuf is known for its vast business interests across the globe. After a long history of being a strong presence in the south, the company is now moving into northern India with one the largest supermarkets Uttar Pradesh.


Abu Dhabi-based Group operates popular supermarkets in Kochi and Thiruvananthapuram. The company’s expansive operations will begin Monday. Lucknow will be available to the public.


Yussuf M A, a 66 year-old businessman who is the driving force behind this group and an affable, well-connected man, has been growing his business activities throughout the years. Lucknow would be a major investment in the BJP-ruled Uttar Pradesh. It is also the largest state by population.


An important name in South India, particularly in Kerala, the home of Ali. It is best known for its large-scale supermarkets. This group has interests in multiple business areas including real estate. It is also present in the US, UK, Italy, China and many other countries.


Yusuf Ali was raised in Thrissur District of Kerala, where he completed his schooling. After graduating from high school, he moved to Gujarat to pursue business management.


In 1973, he left the country to go to Abu Dhabi and join the EMKE Group. . Lulu Hypermarket, which he founded in 2000, has 22 locations in Asia, America, Europe, and the Middle East. It currently has 235 retail shops.


The retail division of LuLu Hypermarket is known for being a leader in the regional retail market. It is home to over 200 stores and is a popular choice for shoppers from the GCC and other countries such as India, Indonesia, Egypt, Malaysia, and Indonesia.


According to the Lulu Group’s website, there are currently 18 hypermarkets and seven shopping centers in development.


According to the website, LuLu Group has a global turnover of USD 8 Billion annually with its workforce of 57,000 people from 42 countries.


The group owns and operates supermarkets, department shops, shopping malls, hypermarkets, and retail stores. The company processes meat products and manufactures and exports silk. It also sources and exports various agricultural products such as coffee, rice and pulses.


Apart from retail, Also, it is present in food processing and private label commodities trading. It is the major provider of food products and consumer goods. FAIR EXPORTS founded two of India’s largest food processing plants in Uttar Pradesh, Mumbai.


Media reports claim that it is also setting up an operation for food and vegetable processing in Greater Noida.


Lulu Group, which owns five-star luxury properties and large convention centres as well as travel consulting services, is also active in the hospitality sector. .


LuLu Group India is the Indian subsidiary of the company. It has expanded its operations in hypermarkets and shopping malls as well as food processing units, ecommerce, fun stations, and food processing units.


Last year, LuLu Group International’s brand-retail unit Tablez launched “House of Toys”, India’s first international kids’ superstore at Bengaluru.


It is also expanding ‘GO Sport,’ which is a one stop shop for organised sport with multiple power brands as well as private labels.


Tablez has a variety of interests in fashion, speciality shopping, and food and drinks in India and GCC. It is planning to open over 100 stores across India by 2022.


According to the website, the group has operational bases in the UAE, Oman and Qatar.


Yusuff Ali is the chairman, managing director, and chief executive officer of LuLu International Shopping Mall Kochi (Kerala) and LuLu International Convention Center Thrissur (Kerala). He also serves as Vice-Chairman of Non-Resident Keralites Affairs Department(NORKA ROOTS), Government of Kerala.


He is also a former member, 2008-2014, of India’s Prime Minister’s Global Advisory Council.

(Only headline and photo of this report might have been revised by Business Standard staff. All other content is auto-generated using a syndicated RSS feed.



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