Wadia GroupHistory

History of Wadia Group: from founding to today

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Quick answer

The group traces its roots to 1736 shipbuilding in Bombay. It founded Bombay Burmah in 1863 and Bombay Dyeing in 1879, and took control of Britannia in 1993 621.

Founded1736, Mumbai, Maharashtra
StatusPrivate

1736: shipbuilders to the Company

The group's history starts in 1736, when Lovji Nusserwanjee Wadia won East India Company contracts to build ships and docks in Bombay 6. The family remained shipbuilders for generations before moving into trade and textiles.

1863-1879: trading and textiles

The Bombay Burmah Trading Corporation was founded in 1863, originally in the timber trade, and Bombay Dyeing followed in 1879 6. Bombay Dyeing became one of India's best-known textile brands.

1960s-1970s: Nusli Wadia takes over

Wadia Techno-Engineering was set up in 1960 6. Nusli Wadia joined Bombay Dyeing as a trainee in 1962, became joint managing director in 1970 and succeeded his father, Neville Wadia, as chairman in 1977 2.

1993-2009: Britannia

In 1993 the Wadias bought into Associated Biscuits International, became equal partners with France's Danone and took control of Britannia 21. A long dispute with Danone over the Tiger biscuit trademark was settled in 2009, and that year the group bought out Danone's stake in Britannia's holding companies 1021.

2005-2025: Go First

The group launched the budget airline GoAir, later Go First, in 2005 6. It filed for voluntary insolvency on 2 May 2023 and the NCLT ordered its liquidation on 20 January 2025, after lenders saw no prospect of revival 4.

2016-2020: the Tata dispute

After he was voted off the boards of some Tata companies in 2016, Nusli Wadia sued Ratan Tata for defamation. He withdrew the cases on 13 January 2020 after Tata told the Supreme Court there had been no intention to defame him 16.

2023-2026

Bombay Dyeing agreed in September 2023 to sell 22 acres of Worli land for ₹5,200 crore 5. In January 2026 a tribunal set aside a 2022 SEBI order against Bombay Dyeing and its promoters 17.

Frequently asked questions

Its roots go back to 1736, when Lovji Nusserwanjee Wadia began building ships in Bombay for the East India Company.
In 1993, after partnering with Danone in Associated Biscuits International.
Sources✓ Verified 5 Nov 2026
1 Forbes, Nusli Wadia (Real-Time Billionaires), 5 Nov 2026, group, holdings 2 Wikipedia, Nusli Wadia, 5 Nov 2026, career 3 Free Press Journal, Britannia Q4 profit jumps 21% to ₹678 crore; FY26 revenue crosses ₹18,800 crore, 8 May 2026, Britannia FY26 4 Business Standard, NCLT orders Go First liquidation as CoC opts for no revival prospects, 20 Jan 2025, Go First liquidation, creditors 5 Business Standard, Bombay Dyeing to sell 22-acre plot for Rs 5,200 cr to Japan's Sumitomo, 13 Sep 2023, Worli land sale 6 Wikipedia, Wadia Group, 5 Nov 2026, history, companies 7 Upstox, Britannia Industries shareholding pattern, 5 Nov 2026, Britannia shareholding 8 CRISIL, The Bombay Burmah Trading Corporation Limited: rating rationale, 10 Mar 2026, BBTC structure, debt, segments 9 CRISIL, Britannia Industries Limited: rating rationale, 8 Oct 2025, Britannia rating, market share, subsidiaries 10 Business Standard, Wadias complete buying out Danone from Britannia, 16 Apr 2009, Danone buyout 11 Bombay Dyeing, Shareholding pattern as on 30.06.2026, 30 Jun 2026, Bombay Dyeing shareholding 12 Upstox, Bombay Burmah Trading Corporation shareholding pattern, 5 Nov 2026, BBTC shareholding 13 Bombay Dyeing, Board of directors, 5 Nov 2026, Bombay Dyeing board 14 Storyboard18, Varun Berry resigns as Britannia MD and CEO, Rakshit Hargave to take over from 15 Dec, 11 Nov 2025, Britannia CEO change 15 Whalesbook, Bombay Burmah Trading Corp extends Ness N Wadia's MD role for 5 years, 28 Mar 2026, Ness Wadia BBTC MD 16 ThePrint, Nusli Wadia withdraws defamation cases after top court tells him to talk it out with Tata, 13 Jan 2020, Tata defamation cases 17 Business Standard, SAT sets aside Sebi's order on Bombay Dyeing and its promoters, 16 Jan 2026, SAT order 18 The Week (PTI), Parle revenue grows 8.5 pc to Rs 15,568.49 cr in FY25; Britannia maintains lead in biscuit mkt, 18 Jan 2026, biscuit rivals 19 Outlook Business, Britannia Q1 results: profit up 14% to ₹593 cr, 6 Aug 2026, Britannia Q1 FY27 20 Whalesbook, National Peroxide swings to ₹11 Cr profit in FY26, declares dividend, 1 May 2026, National Peroxide FY26 21 Wikipedia, Britannia Industries, 5 Nov 2026, Britannia brands, history 22 IIFL, Britannia enters into joint venture with Bel SA for production, selling of cheese, 30 Nov 2022, Bel cheese JV 23 Free Press Journal, Bombay Dyeing Q4 revenue rises 10% to ₹396 crore, 8 May 2026, Bombay Dyeing FY26 24 FilingReader, Bombay Burmah Trading annual profit climbs, 13 May 2026, BBTC FY26, Dunsandle sale 25 Angel One, Britannia share price in focus: net profit climbs in FY26 results, board recommends dividend, 8 May 2026, Britannia FY26, dividend 26 Mordor Intelligence, India bed and bath market: companies, 19 Dec 2025, home textile peers 27 BoardStewardship, Britannia Industries named Jehangir Nusli Wadia as non-independent director, 12 Nov 2024, Jehangir Wadia on Britannia board 28 InvestyWise, Britannia Industries 107th AGM, 7 Aug 2026, Britannia AGM 29 Angel One, Britannia CEO Rajneet Singh Kohli resigns, effective March 14, 1 Mar 2025, Rajneet Kohli exit Report a correction

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