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Lulu Group Inks MoU Worth $500 Million With UP.
Feb 24, 2023

The Lulu Group will now 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 in the presence of UP’s Horticulture minister Dinesh Pratap Singh. 
 
According to official information, the MoU was signed by Yogesh Kumar, Special Secretary, Department of Horticulture and Food Processing UP and Director of Lulu Group Salim MA. 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. 
 
Talking about the MoU, the state minister Dinesh Pratap Singh said that with this MoU, agricultural and horticultural products of the state will get a boost and it will be easier to export globally in large quantities. Through this MoU, the economic condition of the farmers will improve, especially those involved in horticulture. He said that the state government is also providing various types of financial assistance to the farmers through various schemes. 
 
Singh also informed that 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 (Rs 8,000 crore) from India to the Middle East every year.
 
Speaking on the occasion Yusuf Ali, Chairman, Lulu Group said that they are very happy and excited to sign the MoU with the Government of UP and this will further boost the exports from India and also help the agriculture sector and farmers. 
 
'We will set up our own processing and packaging centre in Uttar Pradesh for value addition of vegetables and fruits for international markets. In the main agricultural produce imported from Uttar Pradesh, mangoes, seasonal vegetables and fruits will be bought from farmers at reasonable prices and sold through our hypermarkets,' said Ali. 
 
He informed that Lulu Group will organise a special UP Mango Festival in the month of June and July in the Middle East region to promote the mango products of Uttar Pradesh.
    
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  • Agricultural and Processed Food Products Export Development Authority (APEDA)
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  • NCUI Building 3, Siri Institutional Area, August Kranti Marg, New Delhi - 110 016
    Phone : 91-11-41486013, 20863919, 20867008, 20867007