Write short notes on Wadia-groups in India.
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The Wadia Group is one of the oldest conglomerates of India. The group was founded by Lovji Nusserwanjee Wadia in 1736. Lovji Wadia secured contracts with the British East India Company to build ships and docks in Bombay in 1736.This, and subsequent efforts, would result in Bombay becoming a strategic port for the British colonial undertakings in Asia. The Bombay dry-dock, the first dry-dock in Asia, was built by Lovji and his brother Sorabji in 1750.
Sir Neville Wadia was married to Dina, the only daughter of Muhammad Ali Jinnah, the founder of Pakistan and a member of the Jinnah family. Jinnah and his wife Rattanbai Petit had separated soon after their daughter, Dina Wadia was born. Nusli Wadia is Neville and Dina Wadia's son and he is currently heading the group. While his sons Ness and Jehangir are chairpersons.