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Wadia Group information


Wadia Group
Company typePrivate
IndustryConglomerate
Founded1736; 288 years ago (1736)
FounderLovji Nusserwanjee Wadia
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Nusli Wadia
(Chairman)[1]
Products
  • Textiles
  • Aviation
  • Chemicals
  • Food processing
  • Plantations
  • Media
  • Real estate
RevenueIncrease US$2.700 billion (₹28,000 Crores)
Total equityIncrease US$6.929 billion (₹51,400 Crores)
OwnerWadia family
Subsidiaries
  • Go First
  • Britannia Industries
  • Bombay Dyeing
  • Bombay Realty
  • Bombay Burmah Trading Corporation
  • National Peroxide
  • Wadia Techno-Engineering [2]
Websitewww.wadiagroup.com

Wadia Group is an Indian multinational conglomerate, founded in Surat, 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.

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 colours.
  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.

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