Wadia Group

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Wadia Group
Private
IndustryConglomerate
Founded1736; 283 years ago (1736)
FounderLovji Nusserwanjee Wadia
Headquarters,
Area served
Worldwide
Key people
Nusli Wadia
(Chairman)[1]
ProductsTextiles, aviation, chemicals, food processing, plantations, media & real estate
RevenueIncrease INR28,000 crores
Total equityIncrease INR51,400 crores
OwnerWadia family
SubsidiariesGo Air, Britannia Industries, Bombay Dyeing, Bombay Realty, Bombay Burmah Trading Corporation & National Peroxide
WebsiteOfficial Website

The Wadia Group is one of the oldest conglomerates of India. The group was founded by Parsi Lovji Nusserwanjee Wadia in 1736. Lovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736.[2] 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.

HMS Minden[edit]

The one ship that the Wadias built and of most historic significance for the United States is HMS Minden. The lyrics of "The Star-Spangled Banner" (US National Anthem) were written on board Minden.

HMS Cornwallis[edit]

HMS Cornwallis was the ship on which the Treaty of Nanking, ceding Hong Kong to England, was signed.

HMS Trincomalee[edit]

The second oldest surviving ship of the world and the oldest surviving ship of Great Britain, HMS Trincomalee is afloat and intact in The National Museum of the Royal Navy Hartlepool, England is yet another marvel of the Wadias' shipbuilding prowess.

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, there are several other privately owned firms, including:

See also[edit]

References[edit]

  1. ^ "India Wadia Group says in Britannia long term-paper". Reuters. 4 July 2007. Retrieved 30 September 2010.
  2. ^ Mihir Bose (2006). Bollywood: a history. Tempus. ISBN 978-0-7524-2835-2.

External links[edit]