Nusli Wadia’s younger son Jeh, 51, who had relocated to London three years ago after relinquishing all executive roles in the family’s business group, is now back as managing director of Bombay Dyeing and holds a non-executive role with Britannia Industries, reported The Economic Times (ET) on December 16, 2024. Nusli, who has helmed the group for 60 years is said to have persuaded his son to return and take over some of his responsibilities. Jeh’s family will continue to reside in London, while he will spend more time in India to attend to the businesses, reported ET.
Jeh Wadia: business expertise
Jeh’s business expertise is "indeed a good thing for the group,” said a top executive to ET. "Jeh is a clear strategic thinker and has great analytic skills. He has an exceptional ability to read a business situation well and put a plan in place,” the executive told the newspaper.
Nusli’s older son Ness, 53, managing director of Bombay Burmah and National Peroxide, is on the board of all the group’s companies, along with his father.
The 288-year-old Wadia real-estate-to-food group’s listed companies have a combined market capitalization of Rs 1.38 lakh crores, noted ET. Of these two, Bombay Dyeing and Bombay Burmah, have been listed for over 100 years. Bombay Dyeing has declared uninterrupted dividends for over 125 years.