Bombay dyeing


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Bombay dyeing

  1. 1. Bombay DyeingBombay Dyeing is one of Indias largestproducers of textiles. The daily production at Bombay Dyeing exceeds 300,000 meters of fabrics and it has adistribution chain consisting of 600 plus exclusive shops spread all over the country. Bombay Dyeing, exports toadvanced countries such as USA, countries in European Union, Australia and New Zealand, and its sales turnover ismore or less equally divided between National and International markets. Apart from the textiles, Bombay Dyeing alsodeals in the chemicals.Bombay Dyeing is part of the Wadia Group, which is more than 250 years old. Wadia Group initially ventured into thearea of ship building, and more than 355 ships were designed and built by the Group. As the industrialization grew inthe 19th century, so did the trading, and new opportunities for business. In the late 19th century, Bombay was one ofthe major cotton ports of the world. Nowrosjee Wadia sensed an opportunity in Indias mushrooming textile industryand on August 23, 1879, Bombay Dyeing was founded in a humble redbrick shed. Since then, Bombay Dyeing hasgrown into one of Indias largest producer of textiles. The company also diversified and pioneered the manufacturingof various chemicals.Companies of Bombay Dyeing Group:The Bombay Dyeing Mfg. Co. Ltd: Bombay Dyeing & Manufacturing Co. Ltd is Indias 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) inIndia. 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 includesBreads and Cakes.Wadia BSN India Ltd: The company was set up in 1994 through tie-up between the Wadias & Groupe Danone. Itplans to introduce packaged foods from the Danones international range.Formica India Division: The company produces high grade industrial laminates for the electronic, electrical andother industries.B.R.T Ltd: The company produces textile machinery accessories. It is the market leader in ring, ring travellers, openend 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 brandin 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. 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 rangeincludes 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 DyeingGroup and Gherzi Organisation, Zurich (Switzerland). The company was formed to provide consultancy services inthe 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 21-07-2007Company History - Bombay Dyeing and Manufacturing Company1879 - 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 DyeingFrom Wikipedia, the free encyclopedia The Bombay Dyeing & Mfg. Co. Ltd
  3. 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.comBombay Dyeing (full name: The Bombay Dyeing & Mfg. Co. Ltd., established 1879) is the flagship companyof the Wadia Group, engaged mainly into the business of Textiles. Bombay Dyeing is one of Indias largestproducers of textiles.[1]Its current chairman is Nusli Wadia.[2] In March 2011, Jeh Wadia (36), the younger son of Nusli, has beennamed the managing director of Wadia Groups flagship, Bombay Dyeing & Manufacturing Company, while theelder 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 tusslewith the late Dhirubhai Ambani of Reliance Industries Limited and with Calcutta based jutebaron Late ArunBajoria.[4]
  4. 4. Lackadaisical management has ensured that the company, which was ranked 68 in the Business India Super100 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". 2007-07-21. Retrieved 2010-09-03. 2. ^ 11 Feb, 2010, 03.06AM IST,ET Bureau (2010-02-11). " Wadias- raise-Bombay-Dyeing". Retrieved 2010-09-03. 3. ^ "Nusli springs Jeh elevation surprise". The Times Of India. 4. ^ "Dhirubhai Ambani rewrote Indias corporate history". 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 companys 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. 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 Mukerji10. Share 11. Ads by Google12. Download Google Chrome The fast new browser by Google Fast and Free. Download Now! RELATED14. TOPICS15. CompaniesBombay Dyeing and Manufacturing Company Limited advertising and marketingchannels and franchises marketing consumer goodsgarments home and gardenbathrooms and fixtures process industrytextile and clothing (industry)16. Email the Editor17.18. TODAY19.20. COMPANIES21. M.V. Subbiah, B. Muthuraman conferred Padma Bhushan 27 min. ago Slowdown impacts Indian Hotels net 37 min. ago GE appoints Dr Katragadda as India Technology Center head 42 min. ago Sesa Goa net down 35%; to pay Rs 2 dividend 48 min. ago Better margin boosts Deepak Fertilisers net 52 min. ago Tata Steel may slash 200 jobs in Europe 56 min. ago Mr. Square Feet announces power welfare society project 59 min. ago Higher interest cost drags IRB Infra net down 1 hr. 25 min. ago Jay Shree Tea Q3 net down on lower realisation 1 hr. 40 min. ago Fortis Malar net dips marginally 2 hr. 40 min. ago IMFA Q3 net profit down 55% at Rs 13 cr 2 hr. 56 min. ago Kirloskar Oil Engines Q3 net at Rs 35 cr 3 hr. 1 min. ago REC posts higher net profit in Dec quarter 3 hr. 31 min. ago Essar Projects wins Rs 225 cr ro-ro ferry order 5 hr. 43 min. ago Nissan to begin export of Sunny from March 6 hr. 9 min. ago Tata Global Q3 consolidated net falls 11% 6 hr. 32 min. ago Higher interest cost drags IRB net down 6 hr. 37 min. ago Suzlon arm bags order from US firm enXco 8 hr. 41 min. ago Biocons profit declines 14% in Q3 12 hr. 56 min. ago22.
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