LULU Group shocker to Jagan Govt: ‘Won’t invest in any projects in Andhra anymore’

Snubbing the YSRCP government in Andhra Pradesh, UAE based Lulu Group said that it will never invest in the state again after the government cancelled the allotment of land in Visakhapatnam to build an international convention centre.
The group stated that although they were allotted land in Visakhapatnam by previous Telugu Desam Party government in a transparent manner, they accept the new government’s decision to revoke the land allotment. Lulu group officials, however, made it clear that they will never invest in Andhra Pradesh again.
“We had participated in a very transparent bidding process and