Wadia Group has been in function since the year 1736 and is one of the oldest Conglomerate in Indian Business market. The Wadia Group business empire has been running for over 280 years in India. Currently, it is broadly diversified in several sectors and industries which includes Textile, Chemicals, Consultancy, Plantations, Foods, Electronics, Light engineering, Health, Laminates, Real estate, and many more.
The Wadia group companies have popularly emerged as market leaders in the Wadia business field and over the functioning years, the group has developed an excellent record of managing diverse technologies and adapting to it.
About Wadia Group
Wadia Group is all about setting the foot in every possible sector and field. Wadia Group through its child Company called the famous Bombay Dyeing & Manufacturing Company Ltd. is establishing a place in the Realty Sector with rapid expansion plans.
The Group has access to around 10,000 acres of the historically acquired land at rock bottom prices belonging to Britannia Industries, National Peroxide, Bombay Burmah Trading Corp., Bombay Dyeing & Manufacturing Company and the Wadia Trust.
Wadia Group History
The Wadia Group was first founded by Loeji Nusserwanjee Wadia in 1736. The group’s journey began when the founder set up a marine construction company obtaining a contract from the East India Company. The contract was to build 355 ships including the first Wadia group ships constructed for the British navy outside England.
Over the next 150 years, the group manufactured over several ships and vessels that ploughed international waters. The year 1879 saw yet another Wadia visionary twist in the Wadia group business. With careful vision and ready to take the risk, Nowrojee Nusserwanjee Wadia moved his stakes into the textile industry.
By the next half of the 19th Century, as Wadia Group of Bombay (present Mumbai) was gaining its reputation as the 2nd largest cotton trading port in the world as well as India, the cotton capital of the world. This indicated the birth and rise of one of the greatest success stories in Indian entrepreneurship.
The Wadia Group today has a Rs 10,000 crore ($2 billion) Business operation in the world. The Wadia Group investment portfolio covers a number of industries which includes Aviation, Healthcare, Auto Components, Real Estate, Retail, Plantations, Chemicals and many more.
List of Wadia Group Companies
There are several Wadia group subsidiaries under the giant Wadia group which have been successful in their revenue and Wadia group turnover.
Britannia Industries is one of India’s leading food companies with a history of around 100 years. Britannia is the most trusted food brands in India and also manufactures brands like NutriChoice, Good Day, Tiger, Marie Gold and many more which are household brands.
Britannia’s portfolio includes all the bakery products like Biscuits, loaves of bread, Cakes, and Dairy products like Milk, Cheese, Beverages, and Yoghurt. The Britannia products are available across the country and reach around every 3rd Indian home. Britannia’s Dairy business contributes to around 5 % of its revenue and the dairy products directly reach more than 100,000 outlets.
Bombay Burmah Trading Corporation Ltd
The BBTCL founded its fortunes in the year 1863, as a public company which makes it almost 150-year-old company. It is the largest Wadia company in the Wadia Group based on its revenue of Rs 11,743 Cr.
It is the 2nd oldest publicly quoted company. It is also the largest Agriculture Company In India based on company sales. The Sales Growth of 3 Years is almost 9.24 %.
Bombay Realty is the Wadia Group’s real estate company which concentrates on redefining the Mumbai skyline with its two iconic developments in the heart areas of Mumbai. The prime amazing developments of Bombay Realty are The Island City Centre which is at Dadar and Wadia International Centre located at Worli.
Bombay Dyeing & Manufacturing Company Ltd
The most important company of the group established as a small operation of Indian spun cotton yarn dyed by hand. It has also now grown to be one of the respected brands in the business.
There is a wide variety of product portfolio like linens, towels, furnishings, leisure clothing, kids wear and a whole bunch of other products are now available across more than 2100 multi-brand stores.
All the concerned products come with the company's hallmark finishing, great textures, designs to match the latest trends which have been synonymous with Bombay Dyeing for over a century. The Wadia group revenue stood at Rs 4,404 Cr and the Sales Growth of 3 years is 33.95 %.
Go Airlines (India) Ltd is an aviation business of the Wadia Group and functions under the company GoAir. GoAir launched its operations as a low budget and fare carrier to make it easier to air travel and offer airline seats at a marginal premium fare across India in the year 2005.
It currently operates around 330 flights across 36 destinations and 9 international. The airline uses a state-of-the-art Airbus A320 aircraft as a part of the expansion plan.
Growth of Wadia Group
Textiles is set to be the main driver for the group, while he also plans to develop the real estate business in a major way considering its growth in the business. The complete concentration will be on brand building and establishing the textile business. Textiles will remain a dominant activity for Bombay Dyeing and the group is in the process of restructuring the entire business operations, including the manufacturing and production facilities.
The group is on a revival mode to carve its growth path and has also taken initiatives for re-establishing the products as well as broad basing the market penetration. As a part of the marketing initiative, the company has adopted the task of refreshing the brand in the consumer minds, keeping intact the brand popularity.
Interesting Wadia Group Facts
- In the year 1971, then 26-year-old Nusli Wadia saved Bombay Dyeing from a takeover bid from R.P. Goenka.
- The second oldest ship in the world was built by the Wadia group naming "HMS Trincomalee" is still afloat today in Hartlepool, England.
- The US national anthem "Star-Spangled Banner" was composed on a ship "The Minden" built by Wadias in 1812.
- Nowrojee Nusserwanjee Wadia started Bombay Dyeing in a humble red-brick shed.
- The Wadia Group founder Loeji Nusserwanjee Wadia was India's one of the first master shipbuilders.
The Wadia Group is notably the widest diversified industry in India that covers almost all the growing fields of business like textiles, chemicals, plantations, food products, electronics, health, laminates, real estate, consultancy and many more.
The history and growth of this group are legendary for a common man and it is worth knowing the facts behind the rise of this business.
Frequently Asked Questions
Which is the oldest warship built by Wadia group or which ships built by Wadia group in bombay or which ship is built by Wadia group in bombay?
HMS Trincomalee was launched in 1817, is the ship built by Wadia Group in Bombay is the oldest British warship still afloat.
Who is the owner of Wadia group?
Wadia group owner: Wadia family.
Who is Ness Wadia wife?
While Ness Wadia is known for his flamboyance and arrogance his younger brother Jeh Wadia shuns the spotlight and has stayed clear of controversies. He is married to Celina, an Australian and is the Managing Director of the group's flagship company Bombay Dyeing.
What is in the list of Wadia Group Companies?
Wadia group companies list:
- Britannia Industries.
- Bombay Burmah Trading Corporation Ltd.
- Bombay Realty.
- Go Airlines.
Is Bombay Dyeing Indian company?
Bombay Dyeing & Manufacturing Company Limited (Bombay Dyeing) 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.