Saturday, August 22, 2015

Yousuf Ali Woos International Airlines to Kochi

Kochi: M A Yousuf Ali, chairman and founder of Abu Dhabi-based LuLu Group is making big splash investment in Kochi to woo international airline companies to set up their southern hub and regional offices as the international airport is slowly emerging as the third largest in India in terms of international air passenger handling.
Yousuf Ali, ranked the 39th wealthiest Indian, told Express that the LuLu Group was also building its ‘Tech Park’ at Infopark, Kakkanad, which will be completed in less than a year. “Once completed, LuLu Tech Park alone would provide jobs to over 10,000 people, perhaps the largest in Infopark,” he said.
He said the deal with DLF to purchase 3.79 acres of Marine Drive plot will be used to build the company’s Indian headquarters, ‘Y Towers’. “Our global headquarters in Abu Dhabi is also named ‘Y Towers.’ Our plan is to attract international companies, especially airline and IT companies, to set up their southern hub and regional offices at ‘Y Towers.’ We hope to complete the construction of ‘Y Towers’ over a period of 18 months,” Yousuf Ali said.
22/08/15 Rajesh Abraham/New Indian Express
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