Your Company, Bombay Dyeing is one the flagship companies of the Wadia
Group, and for more than 133 years, it has remained an inseparable part
of Indian consumer''s daily life. In consonance with the Group''s spirit
of trust, quality and perseverance, Bombay Dyeing has continuously
strived to reinvent itself in tune with changing times. What began as a
small dyeing unit of India-spun cotton yarn, has today transformed into
a multi-faceted business enterprise, encompassing fast growing segments
of real estate, textile and polyester staple fiber.
Fierce global economy is under significant stress owing to the European
crisis and the fragile US recovery. fife West''s economic inertia is
smothering India''s growth rates and creating a dismal investment
horizon. Fierce fore, at Bombay Dyeing, we are thinking harder, acting
faster and running the extra mile to counter a not-too-exciting
We are transforming our business strategies to become more competitive
with the evolving times. As a result, your Company will now focus on
emerging as a strong retail focused home- solutions brand in the
textiles business. We will unlock the value of the Wadia Group''s large
land bank in India by creating landmark developments and communities.
We believe that the realty business will enhance future profitability
and value creation for Bombay Dyeing. We are committed to invest and
nurture this business with the same passion and values that have
defined the foundations of the Wadia Group and Bombay Dyeing.
We are also constantly elevating our traditional businesses to seek new
synergies, markets and sweet spots of product excellence. Synergies
across the Wadia Group companies are also being leveraged in the areas
of supply chain, human resource, customer relationship, finance and
marketing management. Accordingly, reputed global software services
major IBM has been engaged to identify best practices across the Group
companies and take this initiative forward.
As a Group, we stand committed to the values of integrity, excellence,
respect, teamwork and trust. fifes values have transcended the
barriers of time and continue to inspire the way we operate our
businesses, engage with our stakeholders and shape our future.
Nusli Wadia Chairman