Wadia Group is an Indian multinational conglomerate, founded in

Surat Surat (Gujarati Language, Gujarati: ) is a city in the western Indian States and territories of India, state of Gujarat. The word Surat directly translates to ''face'' in Urdu, Gujarati language, Gujarati and Hindi. Located on the banks of t ...

, headquartered in

Mumbai Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city proper of India with an estimated population of 12 ...

. It was founded by

Lovji Nusserwanjee Wadia Lovji Nusserwanjee Wadia (Lowjee Nusserwanjee Wadia) (1702–1774) was a Parsi from Surat province of Gujarat in India and was a member of the Wadia family of shipwrights and naval architects. Lovji was the founder of Wadia Group in 1736. Lov ...

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 A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...

Indian company. Other notable companies of the group are

Bombay Dyeing Bombay Dyeing & Manufacturing Company Limited is an Indian textile company headquartered in Mumbai, India. It operates as a subsidiary of the Wadia Group and is one of India's largest producers of textiles. Its current chairman is Nusli Wadia. ...

, a textile company established in 1879, and

Britannia Industries Britannia Industries Limited is an Indian Multinational corporation, multinational food products company, which sells biscuits, breads and dairy products. Founded in 1892, it is one of India's oldest existing companies and currently part of t ...

, a food and beverage company established in 1918. Lovji Wadia secured contracts with the

British East India Company The East India Company (EIC) was an English, and later British, joint-stock company that was founded in 1600 and dissolved in 1874. It was formed to Indian Ocean trade, trade in the Indian Ocean region, initially with the East Indies (South A ...

to build ships and docks in Bombay in 1736. This, and subsequent efforts, would result in Bombay becoming a strategic port for the British colonial undertakings in Asia. The

Bombay Mumbai ( ; ), also known as Bombay ( ; its official name until 1995), is the capital city of the Indian States and union territories of India, state of Maharashtra. Mumbai is the financial centre, financial capital and the list of cities i ...

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 , , and . GoAir Airbus A320

Companies

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

– Established in 1879. *

Bombay Burmah Trading Corporation The Bombay Burmah Trading Corporation Limited (BBTC) is an Indian trading company based in Mumbai owned by the Wadia Group. It was formed in 1863 by the Wallace Brothers of Scotland. It is India's oldest publicly traded company, and was esta ...

– Established in 1863. *

– Established in 1918. * National Peroxide Limited – Established in 1999. Apart from the listed companies, Wadias own several other firms, including: * Gladrags – a

fashion magazine Fashion journalism is a component of fashion media, with a focus on journalism, writing and photojournalism. Fashion journalists write about and critique fashion events and trends as well as cultivate and maintain relationships with stylists and ...

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 The Punjab Kings, also known as PBKS, formerly known as Kings XI Punjab, are a professional Twenty20 cricket team based in New Chandigarh, Punjab, that competes in the Indian Premier League (IPL). The franchise is jointly owned by Mohit Burm ...

– a cricket team, one of the ten franchisees playing in the

Indian Premier League The Indian Premier League (IPL) is a professional Twenty20 (T20) cricket league in India, organised by the Board of Control for Cricket in India (BCCI). Founded in 2007, it features ten city-based Professional sports league organization, fr ...

. Established in 2008. * Bombay Realty – Established in 2011.

References

External links

Wadia Group website
{{Wadia Group Companies based in Mumbai Indian companies established in 1736 Indian brands Conglomerate companies of India Conglomerate companies established in 1736 Privately held companies of India Family-owned companies of India

Companies

See also

References

External links