Bombay Dyeing

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The Bombay Dyeing & Manufacturing Company Ltd
TypePublic
BSE: 500020
NSE: BOMDYEING
IndustryTextiles
Founded1879
Bombay, Bombay Presidency, British India
HeadquartersNeville House,

J.N. Heredia Marg, Ballard Estate, Mumbai-400 038,

India
Key people
Nusli Wadia – Chairman,
Jeh Wadia
ProductsBed linen, Towels, Furnishings
ParentWadia Group

Bombay Dyeing & Manufacturing Company Limited (Bombay Dyeing) is the flagship company of the Wadia Group, engaged primarily in the business of Textiles. Bombay Dyeing is one of India's largest producers of textiles.[1]

Nowroji Nusserwanji Wadia was the founder and the first chairman of Bombay Dyeing which he established 1879. Nowroji sons Sir Ness Wadia and Sir Cusrow Wadia helped expand the business the become the largest textile business in India. Sir Ness Wadia who the chairman of Bombay Dyeing in the late 19th century, played an important role in turning the city of Bombay into one of the world's largest cotton trading centers every. In 1952 Sir Ness Wadia was succeeded by his son Neville Wadia in becoming the chairman of Bombay Dyeing, and under his leadership the company became one of India's most successful and quality-conscious textile concerns. Neville was the last of his family to expand the textile business. Initially Neville was going to sell the business to another company as the business was failing, but his son convinced him not to as he had his own plans for the company. Neville retired from Bombay Dyeing in 1977 and was succeeded by his son Nusli Wadia who is the current chairman of the company.[2] In March 2011, Jeh Wadia (36), the younger son of Nusli, was named the managing director of Wadia Group's flagship, Bombay Dyeing & Manufacturing Company, while the elder son, Ness (38) resigned from the post of joint MD of the company.[3] Ratan Tata, the ex-chairman of Tata Group was on the board of directors till 2013. He resigned and Cyrus Mistry took over.[4]

Bombay Dyeing was often in the news, apart from other things, for various controversies surrounding its tussle with the late Dhirubhai Ambani of Reliance Industries Limited and with Calcutta-based jute baron late .[5]

See also[]

References[]

  1. ^ "Bombay Dyeing – Bombay Dyeing India – Bombay Dyeing Group Profile – History of Bombay Dyeing". Iloveindia.com. 21 July 2007. Retrieved 3 September 2010.
  2. ^ "Wadias-raise-Bombay-Dyeing". Economictimes.indiatimes.com. 11 February 2010. Retrieved 3 September 2010.
  3. ^ "Nusli springs Jeh elevation surprise". The Times of India.
  4. ^ "Ratan Tata steps down as Director of Bombay Dyeing, Cyrus Mistry steps in". The Financial Express. Press Trust of India. 20 February 2013. Archived from the original on 19 February 2014. Retrieved 20 February 2013.
  5. ^ "Dhirubhai Ambani rewrote India's corporate history". rediff.com. 7 July 2002. Retrieved 3 September 2010.
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