Wadia Group

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.[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.

Wadia Group
Private
IndustryConglomerate
Founded1736 (1736)
FounderLovji Nusserwanjee Wadia
Headquarters
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Nusli Wadia
(Chairman)[1]
ProductsTextiles, aviation, chemicals, food processing, plantations, media & real estate
Revenue INR28,000 crores
Total equity INR51,400 crores
OwnerWadia family
SubsidiariesGo Air
Britannia Industries
Bombay Dyeing
Bombay Realty
Bombay Burmah Trading Corporation
National Peroxide
Wadia Techno-Engineering [2]
WebsiteOfficial Website

HMS Minden

The one ship that the Wadias built and of most historic significance for the United Kingdom is HMS Minden.

HMS Cornwallis

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

HMS Trincomalee

The third oldest surviving ship of the world and the oldest surviving ship of Great Britain still afloat (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.

Group company logos displayed on the nose of a GoAir plane
A GoAir aircraft at Bangalore International Airport, with pink colors.

Companies

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:

  • 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 Air - Established in 2005.
  • Kings XI Punjab - a cricket team, one of the eight franchisees playing in the Indian Premier League. Established in 2008.
  • Bombay Realty - Established in 2011.
gollark: It begins.
gollark: The valuable thing there is control over the company I guess?
gollark: What if we transfer control of esolangs to <@515035771359723520>?
gollark: <:idk:792409978111131668><:idk:792409978111131668>
gollark: How many at once?

See also

References
  1. "India Wadia Group says in Britannia long term-paper". Reuters. 4 July 2007. Retrieved 30 September 2010.
  2. http://www.wadiaengg.com/
  3. Mihir Bose (2006). Bollywood: a history. Tempus. ISBN 978-0-7524-2835-2.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.