As per the MoU, the first shopping mall will come up in Chennai by 2024, while the first hypermarket is expected to open by the end of this is year at the Laxmi Mills compound in Coimbatore. Lulu Group will also set up food processing and logistics centres for procuring and processing agri-produce for exports to middle-east countries. A high-level delegation from Lulu will soon visit the state to finalize locations and related formalities. State provides excellent infrastructure and support system to the investors and the company is very happy to explore bigger investment avenues not only in Chennai but also in tier two cities such as Coimbatore.
