Lulu Group Plans to Invest Rs 500 Cr to Build Luxury Hotel in Odisha

Dubai: Lulu Group, the UAE-based multinational conglomerate company, has plans to invest Rs 500 crore in Odisha to build a luxury hotel focused on wellness.

Adeeb Ahamad, the MD of Tablez, LuLu Financial Group and Twenty14 Holdings, has discussed about the investment plan with Chief Minister Naveen Patnaik at the Odisha Investors’ Meet in Dubai.

The Odisha CM highlighted the State’s advantage for setting up of tourism focused projects in the State.

“Met Mr Adeeb Ahamad, the MD of Tablez, LuLu Financial Group and Twenty14 Holdings. Welcomed Lulu Group’s plan to invest ₹500 Cr to build a Luxury Hotel focused on wellness. Highlighted #Odisha’s advantage for setting up of tourism focused projects”, Naveen tweeted.

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