Wadia Group is an Indian multinational conglomerate, headquartered in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

. It was founded by

Lovji Nusserwanjee Wadia Lovji 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, who founded Wadia Group in 1736. Lovji Wadia secured contracts with the British E ...

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 stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (list ...

Indian company. Other notabale companies of the group are

Bombay Dyeing Bombay Dyeing & Manufacturing Company Limited is the flagship company of the Wadia Group, engaged primarily in the business of Textiles. Bombay Dyeing is one of India's largest producers of textiles. Its current chairman is Nusli Wadia. In Marc ...

, a textile company established in 1879, and

Britannia Industries Britannia Industries Limited is an Indian company specialised in food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for it ...

, 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 founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southea ...

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 — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

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 which is 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 wa ...

- Established in 1863. *

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

Gladrags ''Gladrags'' is an Indian magazine, published biweekly featuring modeling and related events. History and profile Gladrags was established in 1959. The first issue appeared in July 1959. The magazine is owned by Maureen Wadia. It is primaril ...

- a

fashion magazine Fashion journalism is a component of fashion media, with a focus on writing and photojournalism. Fashion journalists write about fashion events, trends and have to cultivate and maintain a relationship with stylists and designers. A fashion jour ...

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 Go First, founded as GoAir, is an Indian ultra-low-cost airline based in Mumbai, Maharashtra. It is owned by the Indian business conglomerate Wadia Group. In October 2017, it was the fifth largest airline in India with an 8.4% passenger mar ...

- Established in 2005. *

Punjab Kings Punjab Kings (PBKS) are a franchise cricket team based in Mohali, Punjab, that plays in the Indian Premier League (IPL). Established in 2008 as the Kings XI Punjab (KXIP), the franchise is jointly owned by Mohit Burman, Ness Wadia, Preity Zin ...

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

Indian Premier League The Indian Premier League (IPL), also known as TATA IPL for sponsorship reasons, is a men's T20 franchise cricket league of India. It is annually contested by ten teams based out of seven Indian cities and three Indian states. The leagu ...

. Established in 2008. *

Bombay Realty 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, establis ...

- Established in 2011.

References

External links

Wadia Group website
{{Wadia Group Companies based in Mumbai Indian companies established in 1736 Indian brands Wadia Group

Companies

See also

References

External links