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Lulu Group deal - Tamil Nadu
April 1 , 2022
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- Lulu Group will also set up food processing and logistics centers for procuring and processing agri-produce for exports to middle eastern countries.
- Lulu Group will invest ₹3,500 crores in Tamil Nadu to set up shopping malls, hypermarkets, and a food-logistic park.
- According to the MoU, the first shopping mall will come up in Chennai by 2024.
- While the first hypermarket is expected at the Laxmi Mills compound in Coimbatore.
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