Loading AI tools
Indian multinational conglomerate From Wikipedia, the free encyclopedia
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.
| |
| Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1736 |
| Founder | 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 |
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.
The Wadia group consists of several companies, four of which are listed on Indian stock exchanges.
Apart from the listed companies, Wadias own several other firms, including:
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.
