Lulu Group to set up meat processing industry in Telangana

Hyderabad Feb 21: Another food Processing industry would be set up in Telangana.The UAE-based retail chain Lulu Group is likely to establish another food processing unit in the state.

The Group during a meeting with Animal Husbandry and Fisheries Minister Talasani Srinivas Yadav during the ongoing Gulf Food-2018, the annual food trade show in Dubai on Tuesday had expressed their interest.

Lulu Group representatives said that "the proposed meat processing unit to be established in 100 acres on the outskirts of Hyderabad. The unit will provide direct employment to 800 persons and indirect employment to another 5,000 people."

The Govt officials have said that "The group had already signed three Memoranda of Understanding (MoUs) with the State government during the visit of Industries, IT and Municipal Administration Minister K T Rama Rao to Dubai recently."

" Under the MoUs, Lulu proposed to invest Rs 2,500 crore to construct 1.8 million sq feet area of mega shopping mall, set up food processing plant, and a logistics and export processing unit for fruits and vegetables. The new meat processing unit will be in addition to the proposed investments" they added.