After East India Company, Wadia groups of Industries is the first Indian Company to open in India.
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. 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.
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 Air – Established in 2005.
Kings XI Punjab – a cricket team, one of the eight franchises playing in the Indian Premier League. Established in 2008.
Bombay Realty – Established in 2011.
In the current, Nusli Wadia, an Indian-born British Parsi businessman, the entrepreneur is the chairman of the Wadia Group. He is a part of the prominent business Wadia family, through his father Neville, and the politically influenced Jinnah family, through his mother Dina.