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Wadia Group
| File:Wadia Group logo.svg | |
| Industry | Conglomerate |
|---|---|
| Founded | 1736 |
| Founder(s) | Lovji Nusserwanjee Wadia |
| Headquarters | , India |
Area served | Worldwide |
Key people | Nusli Wadia (Chairman)[1] |
| Products | |
| Revenue |  US$2.700 billion (₹28,000 Crores) |
| Total equity | US$6.929 billion (₹51,400 Crores) |
| Owner | Wadia family |
| Subsidiaries |
|
| Website | www |
Wadia Group is an Indian multinational conglomerate, headquartered in Mumbai. The group was founded by Lovji Nusserwanjee Wadia in 1736. Lovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736.[3] 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
One ship that the Wadias built of most historic significance is HMS Minden. The lyrics of "The Star-Spangled Banner" (US National Anthem) were written on board Minden
HMS Cornwallis
HMS Cornwallis was the ship on which the Treaty of Nanking, ceding Hong Kong to England, was signed.
HMS Trincomalee
The oldest surviving ship of Great Britain (HMS Victory, although 52 years older, has been in drydock for many years.), 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.
Companies
The Wadia group consists of several companies, four of which are listed on Indian stock exchanges.
- Bombay Dyeing - Established in 1879.
- Bombay Burmah Trading Corporation - Established in 1863.
- Britannia Industries - Established in 1918.
- National Peroxide Limited - Established in 1999.
Apart from the listed companies, there are several other privately owned firms, including:
- Gladrags - a fashion magazine 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 - a cricket team, one of the eight franchisees playing in the Indian Premier League. Established in 2008.
- Bombay Realty - Established in 2011.
See also
References
- ↑ "India Wadia Group stays in Britannia long term-paper". Reuters. 4 July 2007. Retrieved 30 September 2010.
- ↑ http://www.wadiaengg.com/
- ↑ Mihir Bose (2006). Bollywood: a history. Tempus. ISBN 978-0-7524-2835-2.
External links
| Divisions & Subsidiaries | |
|---|---|
| Former Holdings | |
| People | |
| Other | |
