UAE-based Lulu group to invest ₹200 cr in Jammu and Kashmir to set up food processing, logistic hub
The Hindu
Lieutenant Governor Manoj Sinha termed it as a "historic agreement"
UAE-based retail major Lulu group on Thursday said it will invest ₹200 crore in Jammu and Kashmir to set up a food processing and logistic hub.
The Lulu group signed a memorandum of understanding (MoU) with the Jammu and Kashmir Government in this regard, the company said in a statement.
The company will invest ₹200 crore in the first phase.
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