The retail operator and shopping centre owner Lulu Group International, based in the United Arab Emirates and present in 23 countries, announced in August 2022 the construction of 12 shopping centres in India, which would be added to the 5 it already had in the country (with a total surface area of just over 343,000 m2). Shibu Philips, the company’s director of shopping centres in India, said at the time, in declarations reported in The Economic Times, that the Asian country “is an extremely important market for Lulu”. After all, India has “a young population whose per capita income and consumption is increasing”. However, according to the executive, “organised retail is still only 12%“, and he concluded: “there is a lot of opportunity here if you have the right business model“.
In a new collaboration with Lulu Group International, Amusement Logic is actively helping to ensure that its malls in India represent the business model that Mr Philips is calling for. At the time of the announcement, Lulu Group International was already building shopping centres in Calicut, Kottayam, Palakkad, Tirur and Perinthalmanna, all cities in the south-western state of Kerala. Amusement Logic has now signed a contract with the Emirati group to design two family entertainment centres (FECs) to complement the leisure offerings at the Tirur and Perinthalmanna malls. These FECs will have 876 m2 and 2,281 m2 respectively for the entertainment and leisure of all types of public.
The contract includes the design of the overall master plan to scale and with 3D image views to reinforce the designs and help identify attractions, textures, thematic elements, colours and other relevant aspects of the conceptual design proposed in each case.
You can read the cited news item in the following link: The Economic Times.
