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Indian-origin businessman receives Queen's Enterprise Award

Press Trust of India  |  London 

A prominent Indian-origin businessman has received the prestigious Queen's Enterprise Award 2017 for his food processing plant's role in boosting the UK's position as an investor friendly destination.

Yusaffali M A collected the award at a special ceremony in Birmingham Council House recently before meeting at a reception hosted for this year's winners at Buckingham Palace in

The Kerala-born and UAE-based entrepreneur said the recognition for his Birmingham-based Y International (UK) Ltd will spur his headquartered Lulu Group International to further expand business interests in the

"This great recognition will surely help us further strengthen our plans to expand business interests in the and continue with our innovations and contributions to the dynamic economy of UK," he said in his acceptance speech after receiving the award from Lord Lieutenant John Crabtree, the Queen's special representative.

"Y International Pvt Ltd, part of Lulu Group, has played a tremendous role in further boosting UK's position as an investor friendly destination. They have not only opened up a huge market for British products worldwide through their operations here but also have contributed significantly in providing job and training opportunities,"Lord LieutenantCrabtree noted.

Y International UK Ltd's food processing plant, whichemploys 300 local staff, was established in Birmingham in 2013 to source and process food products from UK to support the demand for high-quality British products for sale in Lulu Group's hypermarkets across the Middle East, India and Far East.

The Queen's Award for Enterprise is conferred annually by the British monarch on her birthday, April 21, upon businesses that display great enterprise across the fields of innovation, international trade, promoting opportunity through social mobility and sustainable development.

The 6.9-billion-dollar Lulu Group, ranked as a top retailer in the MENA region and listed among the top 50 fastest growing retailers in the world by Deloitte, has made UK headlines in recent years for acquiring the iconic Scotland Yard building in and for its investment in luxury retail brand East India Company.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 13 2017. 18:42 IST