NEW DELHI: Buoyed by relaxation of FDI norms, NRI tycoon Yusuffali MA, who heads the Dubai-based retail conglomerate Lulu Group, has announced investment of over ₹7,000 crore in India for setting up shopping malls and hotels. Yusuffali said his group will invest ₹4,650 crore in Kerala, ₹1,000 crore in Uttar Pradesh and ₹1,410 crore in Telangana in the hospitality and retail sector.
{{^htLoading}} {{/htLoading}}
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Advertisement
{{/htLoading}}{{#usCountry}}