The Lulu Group is set to be exporting fruits and vegetables from Uttar Pradesh across its hypermarkets. The group signed an MoU worth USD 500 million with the Uttar Pradesh government at the Gulf Food 2023 expo.
The MoU was signed by Yogesh Kumar, Special Secretary, Department of Horticulture and Food Processing UP and Director of Lulu Group Salim MA. It was, in effect, signed in the presence of UP’s Horticulture minister Dinesh Pratap Singh. As per the MoU, Lulu Group will purchase and export vegetables and fruits worth USD 500 million from all over Uttar Pradesh through its hypermarkets. This will directly benefit the farmers cultivating vegetables and fruits.
The Lulu Group currently has hypermarkets and shopping malls in 10 countries, with a good presence in India too. Apart from retail business, Lulu Group has operations in Uttar Pradesh, Delhi, Haryana, Punjab, Maharashtra, Jammu & Kashmir, Tamil Nadu, Karnataka and Kerala and is one of India's largest food processing and food exporting companies. It exports food and agri-products worth USD 1 billion from India to the Middle East every year.
Source: businessworld.in