LuLu Hypermarket, the UAE based retail major, is ready to enter India with plans to set up India’s largest hypermarket spreading over 1.8 lakh sq. ft. at Kochi. This will be 80% bigger than the country’s largest, K. Raheja promoted Hypercity which is spread over 1 lakh sq. ft. Entering the Indian subcontinent for the first time, Emke group owned LuLu Hypermarket already has 51 retail outlets in the middle east. With plans to further expand to Southern metro cities of Chennai, Bangalore and Hyderabad, LuLu is expected to pose a stiff competition to existing players like Pantaloon and Shoppers’ Stop reports Business India.
“We were looking at India and now is the right time to enter this market with the booming economy and positive government policies,”said Yusuffali MA, managing director, Emke Group.
The Emke Group has been an instant hit with the discerning customers in the UAE. With its pleasant and novel variation from the usual supermarkets, Hypermarket offeres a modern shopping ambience providing the customers with comforts and luxury of shopping.
By integrating all the conceivable needs of the consumers under one roof, its Hypermarkets have extensively laid out counters, sprawling parking space, play area for children, food court, money exchange centres and bank counters besides a panoply of international and regional brands.
“Beyond a normal shopping concept, we are now catering to the divergent needs of the shoppers and transforms shopping into a pleasurable outdoor activity underlining once again the group’s commitment to offer the customer only the best,” added Yusuffali.
Accompanying photo displays LuLu’s Muscat Hypermall spread over one million sq. ft. space with parking facility for 2500 cars. Anchored around the existing 250,000 sq. ft. LuLu hypermarket with over 15,000 footfalls daily. Expected footfalls over 10 million a year.