M.A Yusuff Ali is a successful businessman who made it to success through his persistent hard work and dedication. He hails from Thrissur, Kerala in India. He has built a vast empire over the years across the globe. Currently he is the managing director of EMKE Lulu Group. This firm has its headquarters in Abu Dhabi. Yusuff has a chain of Lulu hypermarkets across the Middle east. This firm has an annual turnover of about four and half billion dollars. This firm serves as a employment resource for several Indians outside the country. He has accomplished so much through his exceptional dedication and persistence over the years. He has been recognized as the 39th richest man in India. Similarly as the 737th in the entire world by the Forbes magazine.
M.A Yusuff’s early start:
M.A Yusuff Ali was born on November 15, 1955 in the Thrissur district. He completed his schooling from Natika. Following this he went to Gujarat for pursuing his diploma in the field of Business Management and Administration. After his graduation he moved forward and left the country. In the year 1973, he moved to Abu Dhabi to join the EMKE Group of companies founded by MK Abdullah, his uncle. He had inbuilt marketing skills and his innovative strategies aided him immensely. He worked day in and day out and developed the wholesale distribution. Adding on to this he also enhanced the import of the company. He was not eready to stop with what was there. Yusuff chose to explore more and went ahead to expand his empire.
He ventured into the business of supermarkets with the launch of the Lulu Hypermarket. There was no turning back following this. He was confident about what he aimed to do and went ahead chasing his dreams. The very first Lulu Hypermarket was founded during the 1990s. His timing played a major role in his strategical success for exactly during this time the retail sector of UAE went across a sea change. Several marketplaces moved to make way for hypermarkets and neighborhood stores. Therefore with the major change in the retail business, M.A Yusuff Ali made it big with his Lulu Hypermarket. It was an instant success and picked up pace over the years. Also it reached out to its customers and has expanded tremendously over the years.
Success Story of Lulu Hypermarket:
Currently, The Lulu Group has a hundred and fourteen supermarkets, hypermarkets along with grocery outlets . Majority of the outlets are located in the Middle East. Following this the firm also expanded its outlets in markets of Indonesia and Malaysia. These were targeted as ‘halal’ products become quite popular in these areas. From a rural village of southern India to several countries across the world, M.A Yusuff has come a long way. He makes all the investments for the different outlets. There is a Lulu mall and a couple of Marriott hotels in Cochin, Kerala in India as well. He has embarked his empire in his hometown as well. Following this he recently made an announcement about investing four hundred and thirty five million dollars in Telangana. In this southern state of India he is planning on a hypermarket, mall, meat and food processing unit as well as a convention centre.
He is an ardent dreamer and believed in reaching his dreams through hard work and persistence. Therefore he has built his empire over the years with his strategical ways and he exemplifies a dedicated business man.