Dubai-based Lulu group — a leading group of retail shopping centers in Gulf countries — on Sunday urged the representatives of agro and food processing industry of Punjab to dispatch the product samples for exploring its export potential in the UAE.
The decision came after two-day follow-up visit of UAE-India partnership summit at Dubai by Lulu Group International on Saturday that concluded with the high-level delegation accepting the proposals for export of agro-products and processed food to UAE.
The Group led by its Chief Executive Officer Saifee Rupawala, COO Saleem VI, Directors Salim and Ananth, Regional Director Rejith RK, Buying Manager Zulfiker K and Manager PDD Shamim S accompanied by the officials of Invest Punjab held marathon discussions with the key players of industry in both private and public sector.
During deliberations with the representatives of Lulu group, the Markfed managing director Varun Roojam apprised them that the honey being produced by Markfed has been processed after introducing bar coding technology at back-end level ensuring traceability and won the gold medal for achieving that.
The Group expressed its keen interest to get the Honey packed in their brand name from Markfed.
Further, during meeting with PAIC managing director Rahul Gupta, the delegation has asked PAIC for pricing of Certified Organic Brown Basmati, Atta and Kinnows.
Meanwhile, Invest Punjab CEO Rajat Aggarwal said that the visit of the Group would be instrumental in bringing huge investment in the state thereby propelling overall industrial growth besides providing remunerative prices for their crops, once the export takes off.
He said that the Lulu Group had also shown interest to come up with an integrated project including a mega shopping and convention centre and hotel, which would further supplement state’s efforts to attract huge investments in Punjab.
The CEO further pointed out that the Group was moreover satisfied after having visiting some prominent sites in Mohali for their proposed integrated project and desired a chunk of nearly 25 acres of land for setting up of integrated project.
Besides, the Lulu Group International having a network of 157 retail shopping centres in Gulf and other countries also showed interest for making investment in a meat manufacturing facility in Punjab spread over nearly 50 acres of land.
The delegation held 15 one-to-one meetings with the representatives of various industries during its two-day visit to further explore the possibilities of export potential of their products besides developing synergy between the Group and local industry of the state.