Officials from the Jammu and Kashmir government announced the signing of a memorandum of understanding (MoU) with the Dubai-based Lulu business to establish a food processing and logistics hub in Srinagar.
Lieutenant Governor Manoj Sinha described the arrangement as “historic,” adding that the fact that trade between Jammu and Kashmir and Dubai has remained stable demonstrates the strength of our strong economic ties.
In the presence of Lieutenant Governor Manoj Sinha and LuLu Group Chairman Yusuff Ali M A, the J&K government inked an MoU with the LuLu Group to establish a food processing and logistics hub in Srinagar, according to an official spokesman.
