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Wadia Group

Wadia Group is an Indian multinational conglomerate, headquartered in Mumbai. It was founded by Lovji Nusserwanjee Wadia in 1736 and is the oldest company in India, with its subsidiary The Bombay Burmah Trading Corporation Limited, established in 1863, being the oldest publicly traded Indian company.[3] Other notable companies of the group are Bombay Dyeing, a textile company established in 1879, and Britannia Industries, a food and beverage company established in 1918.

Wadia Group
TypePrivate
IndustryConglomerate
Founded1736; 287 years ago (1736)
FounderLovji Nusserwanjee Wadia
Headquarters,
India
Area served
Worldwide
Key people
Nusli Wadia
(Chairman)[1]
Products
Revenue US$2.700 billion (₹28,000 Crores)
Total equity US$6.929 billion (₹51,400 Crores)
OwnerWadia family
Subsidiaries
Websitewww.wadiagroup.com

Lovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736.[4] This, and subsequent efforts, would result in Bombay becoming a strategic port for the British colonial undertakings in Asia. The Bombay dry dock, the first dry dock in Asia, was built by Lovji and his brother Sorabji in 1750. Among the historical ships built by the Wadia Group are HMS Minden, HMS Cornwallis, and HMS Trincomalee.

Group company logos displayed on the nose of a GoAir plane
A GoAir aircraft at Bangalore International Airport, with pink colors.

Companies edit

The Wadia group consists of several companies, four of which are listed on Indian stock exchanges.

Apart from the listed companies, Wadias own several other firms, including:

  • Gladrags – a fashion magazine which is the particular interest of Maureen Wadia, a former air hostess. Established in 1959.
  • Wadia Techno-Engineering Services Limited (WTESL) – Established in 1960.
  • Go First – Established in 2005.
  • Punjab Kings – a cricket team, one of the ten franchisees playing in the Indian Premier League. Established in 2008.
  • Bombay Realty – Established in 2011.

See also edit

References edit

  1. ^ "India Wadia Group stays in Britannia long term-paper". Reuters. 4 July 2007. Retrieved 30 September 2010.
  2. ^ "Home". wadiaengg.com.
  3. ^ Mudgill, Amit. "Old isn't gold always! These 19th century firms failed to reward investors in last 5 years". The Economic Times. Retrieved 19 September 2022.
  4. ^ Mihir Bose (2006). Bollywood: a history. Tempus. ISBN 978-0-7524-2835-2.

External links edit

  • Wadia Group website

wadia, group, indian, multinational, conglomerate, headquartered, mumbai, founded, lovji, nusserwanjee, wadia, 1736, oldest, company, india, with, subsidiary, bombay, burmah, trading, corporation, limited, established, 1863, being, oldest, publicly, traded, in. Wadia Group is an Indian multinational conglomerate headquartered in Mumbai It was founded by Lovji Nusserwanjee Wadia in 1736 and is the oldest company in India with its subsidiary The Bombay Burmah Trading Corporation Limited established in 1863 being the oldest publicly traded Indian company 3 Other notable companies of the group are Bombay Dyeing a textile company established in 1879 and Britannia Industries a food and beverage company established in 1918 Wadia GroupTypePrivateIndustryConglomerateFounded1736 287 years ago 1736 FounderLovji Nusserwanjee WadiaHeadquartersMumbai Maharashtra IndiaArea servedWorldwideKey peopleNusli Wadia Chairman 1 ProductsTextilesAviationChemicalsFood processingPlantationsMediaReal estateRevenueUS 2 700 billion 28 000 Crores Total equityUS 6 929 billion 51 400 Crores OwnerWadia familySubsidiariesGo First Britannia Industries Bombay Dyeing Bombay Realty Bombay Burmah Trading Corporation National Peroxide Wadia Techno Engineering 2 Websitewww wbr wadiagroup wbr comLovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736 4 This and subsequent efforts would result in Bombay becoming a strategic port for the British colonial undertakings in Asia The Bombay dry dock the first dry dock in Asia was built by Lovji and his brother Sorabji in 1750 Among the historical ships built by the Wadia Group are HMS Minden HMS Cornwallis and HMS Trincomalee Group company logos displayed on the nose of a GoAir planeA GoAir aircraft at Bangalore International Airport with pink colors Contents 1 Companies 2 See also 3 References 4 External linksCompanies editThe Wadia group consists of several companies four of which are listed on Indian stock exchanges Bombay Dyeing Established in 1879 Bombay Burmah Trading Corporation Established in 1863 Britannia Industries Established in 1918 National Peroxide Limited Established in 1999 Apart from the listed companies Wadias own several other firms including Gladrags a fashion magazine which is the particular interest of Maureen Wadia a former air hostess Established in 1959 Wadia Techno Engineering Services Limited WTESL Established in 1960 Go First Established in 2005 Punjab Kings a cricket team one of the ten franchisees playing in the Indian Premier League Established in 2008 Bombay Realty Established in 2011 See also editWadia family List of oldest companies in India List of oldest companiesReferences edit India Wadia Group stays in Britannia long term paper Reuters 4 July 2007 Retrieved 30 September 2010 Home wadiaengg com Mudgill Amit Old isn t gold always These 19th century firms failed to reward investors in last 5 years The Economic Times Retrieved 19 September 2022 Mihir Bose 2006 Bollywood a history Tempus ISBN 978 0 7524 2835 2 External links editWadia Group website Retrieved from https en wikipedia org w index php title Wadia Group amp oldid 1154391945, wikipedia, wiki, book, books, library,

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