The Abu Dhabi-based group run by the 66-year-old Yussuf Ali M A has been expanding his business activities
The LuLu Group headed by UAE-based Yussuf Ali has started a supermarket in Lucknow, Uttar Pradesh. The Group has supermarkets in Kochi, Bangalore and Thiruvananthapuram. Billionaire Ali’s Lulu Group has wide interests ranging from hypermarkets, shopping malls, food processing units, ecommerce and fun stations.
The Abu Dhabi-based group run by the 66-year-old Yussuf Ali M A has been expanding his business activities.
The LuLu Group is well known in Kerala, the home of Ali. It also has interests in real estate and has a strong presence in many Gulf nations as well as the US, the UK, Italy and China, among other countries.
Born in the Thrissur district of Kerala where he did his schooling before moving to Gujarat to pursue business management, Yussuf Ali is not only known for his business success but also for his philanthropy.
LuLu Group, with its 57,000-plus strong workforce from 42 different nations, has an annual turnover of USD 8 billion globally
He left the country in 1973 for Abu Dhabi to join the EMKE Group of companies. He founded Lulu Hypermarket in 2000 and now has operations in 22 countries across the Middle East, Asia, the US, and Europe. It has 235 retail stores in total.
LuLu Group, with its 57,000-plus strong workforce from 42 different nations, has an annual turnover of USD 8 billion globally, as per the website. The group operates retail stores, supermarkets, department stores, shopping malls and hypermarkets. The company produces and processes meat products, manufactures and exports silk, garments, sources, and exports various agroproducts, cashew nuts, coffee, rice, pulses, fruits, meat, fish, vegetables, footwear, textiles, luggage, electronics, and household articles. Reports indicate that the group is setting up a food and vegetable processing unit in Greater Noida, near Delhi.
Last year, LuLu Group International’s brand-retailing unit Tablez launched ‘House of Toys’, India’s first global kids’ super store at Bengaluru. It has also expanded ‘GO Sport’, which is a one-stop organised sports retailer with multiple power brands and private labels.
Yusuff Ali is the Chairman and Managing Director of LuLu International Shopping Mall Kochi, Kerala and LuLu International Convention Centre Thrissur, Kerala. Among other positions, he is the Vice-Chairman – Non-Resident Keralites Affairs Department (NORKA ROOTS), Government of Kerala. He was also a former member of India’s Prime Minister’s Global Advisory Council from 2008-2014.
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