Lulu Group Eyes Central Kerala Expansion with New Hypermarket in Kottayam.

Lulu Group has announced plans to expand its footprint in central Kerala with the launch of its second hypermarket in Kottayam at the upcoming KGA Mall in Changanassery.

The retail major has signed a Letter of Intent (LoI) with KGA Group to establish a 50,000 sq. ft. hypermarket at the mall. The agreement was signed by Joy Shadanandan, Director, Thiruvananthapuram and Tamil Nadu Region, Lulu Group India, and Eapen K.C., Chief Executive Officer and Director, KGA Group, in the presence of Yusuffali M.A., Chairman of Lulu Group, and K.G. Abraham, Chairman and Managing Director, KGA Group.

The proposed hypermarket is expected to enhance Lulu Group's retail presence in central Kerala by bringing its range of products and services closer to customers in Kottayam and neighbouring districts.

The project is also expected to generate more than 550 direct and indirect employment opportunities, the companies said.