1. Bombay Dyeing
Bombay Dyeing is one of India's largest
producers of textiles. The daily production at Bombay Dyeing exceeds 300,000 meters of fabrics and it has a
distribution chain consisting of 600 plus exclusive shops spread all over the country. Bombay Dyeing, exports to
advanced countries such as USA, countries in European Union, Australia and New Zealand, and its sales turnover is
more or less equally divided between National and International markets. Apart from the textiles, Bombay Dyeing also
deals in the chemicals.
Bombay Dyeing is part of the Wadia Group, which is more than 250 years old. Wadia Group initially ventured into the
area of ship building, and more than 355 ships were designed and built by the Group. As the industrialization grew in
the 19th century, so did the trading, and new opportunities for business. In the late 19th century, Bombay was one of
the major cotton ports of the world. Nowrosjee Wadia sensed an opportunity in India's mushrooming textile industry
and on August 23, 1879, Bombay Dyeing was founded in a humble redbrick shed. Since then, Bombay Dyeing has
grown into one of India's largest producer of textiles. The company also diversified and pioneered the manufacturing
of various chemicals.
Companies of Bombay Dyeing Group:
The Bombay Dyeing Mfg. Co. Ltd: Bombay Dyeing & Manufacturing Co. Ltd is India's leading producer of textiles.
go Air: go Air is a low-cost carrier promoted by Bombay Dyeing Group.
Bombay Dyeing - DMT: Bombay Dyeing - DMT is the largest manufacturer of Dimethyl Terephthalate (DMT) in
India. DMT is a raw material for the manufacturer of Polyester fibre, film, filament & yarn and engineering plastics.
National Peroxide Ltd.: The company is a pioneer and leader in India in peroxygen chemicals.
Bombay Burmah Trading Corpn Ltd: The company is engaged in plantations and produces tea, coffee, cardamom,
black pepper and rubber.
Britannia Industries Ltd: It is the largest company in the Indian Food processing industry. Its product range includes
Breads and Cakes.
Wadia BSN India Ltd: The company was set up in 1994 through tie-up between the Wadias & Groupe Danone. It
plans to introduce packaged foods from the Danone's international range.
Formica India Division: The company produces high grade industrial laminates for the electronic, electrical and
other industries.
B.R.T Ltd: The company produces textile machinery accessories. It is the market leader in ring, ring travellers, open
end rotors and opening roller-spinning machinery accessories for cotton and synthetic yarns.
BCL Springs Division: BCL Springs Division is the second largest producer of precision springs. It is a trusted brand
in the automobile, consumer durable, electrical, textile & ammunition industries.
Afcoset Balances Division: Market leader in laboratory weighing equipment in India.
Afco Industrial and Chemicals Ltd: Product range includes battery chargers, DC systems, Inverters & converters,
static voltage regulators & heat sinks.
Dental Products of India: Largest manufacturer of consumable dental products.
2. Medical Microtechnology Ltd: Manufacturer of high precision titanium ophtalmic micro surgical instruments.
Instruments Orthopaedics: Market Leader in Orthopaedic implants, instruments and equipment in India. Its range
includes various implants for the hip, knees, and several types of screws, nails, plates and prostheses.
Gherzi Eastern Limited: Gherzi Eastern Limited is a joint venture public limited company between Bombay Dyeing
Group and Gherzi Organisation, Zurich (Switzerland). The company was formed to provide consultancy services in
the field of textile industry. Today, the company has diversified its services in the field of Transportation / Highways,
Bridges / Flyovers, Environment, Townships, Housing, Urban development, Water and Waste Water Engineering,
Tourism, Hotels, Industrial projects and other infrastructural projects.
Note: The above information was last updated on 21-07-2007
Company History - Bombay Dyeing and Manufacturing Company
1879
- The company was incorporated on 23rd August, at Mumbai. It
manufactures cotton textile goods, non-woven fabrics and DMT. The
textile products are sold under the trade name TEXSPRING,
SPRINGTEX, etc. Operations other than spinning and weaving are
bleaching, dyeing, printing, mercerising, sanforising, tebilizing,
Hecowa and other finishings.
- Archway Investment Company (P) Limited became a wholly owned
subsidiary of the company.
- Scal Investments Limited and Pentafil Investments, Limited are
also
subsidiaries of the company. Scal Services Limited, is a subsidiary
of
Scal Investment Limited is also a subsidiary of the Company.
1961
- The company entered into an agreement with Tootal Broadhurst Lee.
Co. Limited, Manchester, for the technical know-how and use of their
patented crease resistant and minimum ironing processes under which
the
company was permitted to brand its goods with marks Tebilized and
Tebilized Double. In the following year, negotiations were
concluded
with Heberilein & Company of Wattil, Switzerland, for the right to
use
their Hecowa finish on processed goods.
Bombay Dyeing
From Wikipedia, the free encyclopedia
The Bombay Dyeing & Mfg. Co. Ltd
3. Type Public (BSE: 500020,NSE: BOMDYEING)
Industry Textiles
Founded 1879
Bombay, Bombay Presidency,British India
Headquarters Neville House, J.N. Heredia Marg, Ballard Estate,
Mumbai-400 038,
India
Key people Nusli Wadia - Chairman
Products Bed linen, Towels, Furnishings
Revenue 1,674.58 crore (US$318.17 million)(2009-2010)
Website www.bombaydyeing.com
Bombay Dyeing (full name: The Bombay Dyeing & Mfg. Co. Ltd., established 1879) is the flagship company
of the Wadia Group, engaged mainly into the business of Textiles. Bombay Dyeing is one of India's largest
producers of textiles.[1]
Its current chairman is Nusli Wadia.[2] In March 2011, Jeh Wadia (36), the younger son of Nusli, has been
named the managing director of Wadia Group's flagship, Bombay Dyeing & Manufacturing Company, while the
elder son, Ness (38) has resigned from the post of joint MD of the company. [3]
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 jutebaron Late Arun
Bajoria.[4]
4. Lackadaisical management has ensured that the company, which was ranked 68 in the Business India Super
100 list in 1997 has steadily lost ground and by 2010 ranked 300 in the ET 500 list.
The company sponsors many events, including Bombay Dyeing Gladrags Mrs. India contest.
[edit]References
1. ^ "Bombay Dyeing - Bombay Dyeing India - Bombay Dyeing Group Profile - History of Bombay Dyeing".
Iloveindia.com. 2007-07-21. Retrieved 2010-09-03.
2. ^ 11 Feb, 2010, 03.06AM IST,ET Bureau (2010-02-11). "http://economictimes.indiatimes.com Wadias-
raise-Bombay-Dyeing". Economictimes.indiatimes.com. Retrieved 2010-09-03.
3. ^ "Nusli springs Jeh elevation surprise". The Times Of India.
4. ^ "Dhirubhai Ambani rewrote India's corporate history". rediff.com. 2002-07-07. Retrieved 2010-09-03.
2. major Bombay Dyeing is looking at scaling down prices for its bed and bath portfolio by
innovating with new technologies which would bring down the cost of manufacturing but not
affect the quality of its products.
3. Currently its bed and bath offerings retail at price points of Rs 699 and above but by reducing
costs, the textile company would enter lower price points pegged between Rs 499 and Rs
699.
4. The newly-appointed CEO of Bombay Dyeing, Mr Debashis Poddar, said, “We want to
expand our market share and cannot afford to have only high-end products. But through
some amount of cost engineering, we could look at lowered price points between Rs 499 and
Rs 699 using value-added fibres and blends which do not compromise on quality and are
more affordable.” In fact, Bombay Dyeing had been reluctant to pass on all input cost
increases to consumers. “Even when there were raw material pressures, we did not pass on
all the costs”. But now with cotton prices stabilising, we are looking at a new base of fibres
which could help in bringing down the price points. There is a back-end strategy at work
which would help in bringing down prices but without affecting quality of the product, ''
added Mr Poddar.
5. EXPATS NEW TARGETS
6. At the same time, the company's Rs 400-crore textile division is looking at a new target
audience of Indian expatriates in the overseas markets to sell its high-end designer collection
from Wendell Rodricks and Sabyasachi Mukerji. “There is a large Indian expat population in
places like Dubai and South Asia and they are familiar with our brand. We could take our
designer range to these markets and also cater to the locals with the range,” claims Mr
Poddar.
7. Currently Bombay Dyeing is in the process of appointing local distributors in the
international markets in countries such as South-East Asia and West Asia. “We are looking at
getting local agents who help us with the marketing, retail and wholesale operations and also
help in getting institutional sales in the international markets,” added Mr Poddar.
5. 8. Other avenues of growth in the international markets being explored also include
collaborations with bed and bath brands in the UK and the US. As Mr Poddar says, “While
they could use our distribution to bring in their brands, we could also stock our brand
through them in the European and American markets.''
9. Keywords: bed and bath offerings, Debashis Poddar, input costs, Indian expatriates, overseas
markets, Wendell Rodricks, Sabyasachi Mukerji
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