APEDA signs MoU with Lulu Hypermarket for export Indian agri-products

APEDA signs MoU with Lulu Hypermarket for export Indian agri-products

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APEDA signs MoU with Lulu Hypermarket for export Indian agri-products

APEDA signs MoU with Lulu Hypermarket: To boost exports of agricultural products to the Gulf Cooperation Countries (GCCs), the Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce, Government of India, has signed a Memorandum of Understanding (MoU) with global retail major Lulu Hypermarket LLC.

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The MoU Signed by

The MoU, which is aimed at promoting Brand India globally was signed in the presence of Chairman, APEDA Abhishek Dev and Chairman-cum-Managing Director of LuLu Group, Yusuf Ali MA at the World India Food (WIF) 2023 in New Delhi.

APEDA and Lulu Hypermarket Agreement: Key Highlights

With the Agreement, APEDA would promote Indian agricultural products, including Millets across the GCC as the LuLu Group International (LLC) has its presence across the GCC, Egypt, India and the Far East with 247 LuLu stores in operation and 24 shopping malls. The LuLu Group is the fastest growing retail chain in the Middle East and Asia. 

The MoU will also facilitate promotional activities for APEDA’s scheduled products with the LuLu Hyper market retail chain. As per the MoU document, Lulu Group will actively promote and showcase a wide range of products in APEDA basket of agricultural and processed food products in their retail outlets.

Static Current Affairs related to LuLu Group International for upcoming exams

• Formation: 1995
• Founder: M. A. Yusuff Ali
• Headquarters: Abu Dhabi, UAE
• Chairman and MD of LuLu Group International: M. A. Yusuff Ali