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Success Story: India is home to some of the most powerful business groups in the world such as Tatas, Birlas, Reliance, Adanis etc. These business groups not only dominate the India market but also have an impact in the world markets. This success story is about the Wadia Group which stands out among all the big names as the oldest business group in India. Wadia Group, established in 1736, maintained its name and running its operations successfully for 288 years. let’s know more about the oldest company of India.

The Wadia Group

The group not only restricted itself to one sector but diversified itself to various sector such as textiles, aviation, and food. Famous companies under the Wadia Group include Britannia Industries and Bombay Dyeing.

Founder of Wadia Group

Lovji Nusserwanji Wadia, a Surat native, secured a significant shipbuilding contract with the East India Company in 1702, resulting in the construction of 355 vessels. He and his brother, Sorabji, established Mumbai’s first dockyard, achieving considerable renown by 1840. The Wadia Group’s entrepreneurial ventures continued with the founding of India’s first trading company, The Bombay Burmah Trading Corporation Limited, in 1863, followed by Bombay Dyeing in 1879 and Britannia Industries in 1918.

Who Leads The Company?

The Wadia Group, a conglomerate founded 288 years ago by Lovji Nusserwanji Wadia as a shipbuilding company, is now headed by Nusli Wadia. Valued at approximately USD 7.2 billion, the group remains a significant player in the Indian economy, demonstrating both a commitment to its legacy and a drive for innovation. Its holdings include the Punjab Kings, an Indian Premier League cricket team.

Who Is Nusli Wadia

Nusli Wadia, born in 1944, is the son of Neville and Dina Wadia, the latter being the daughter of Muhammad Ali Jinnah. His sons, Ness and Jehangir Wadia, currently lead the family’s business. The Wadia family belongs to the Parsi community.

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