Introduction
The Bombay Burmah Trading Corporation, Limited (BBTCL) is a 160 year old company. The company founded its fortunes on teak in the year 1863, as a public company, and everything that followed is history. The company is a leading concern of the Wadia Group, a reputed Indian business house with interests in plantations, foods, textiles, chemicals, electronics and light engineering, health care and real estate.Bombay Burmah, Bombay Dyeing and Britannia are the mastheads of the Wadia Group.
Today, BBTCL is one of the few oldest companies of pre-independence era, still flourishing with its core values, ethics and above all, competency in trade. It is the second oldest publicly quoted company. The BBTCL Group has an annual consolidated turnover of 1.2 billion dollars. The Company has diversified its interests into tea, coffee, other plantation products, biscuit and dairy products, auto electric and white goods parts, weighing products, horticulture and landscaping services, healthcare products (viz.) dental, orthopaedic and opthalmic products.
History
Originally BBTCL was formed as a public company to encourage teak business by taking over the assets and rights in Burma (now Myanmar) of William Wallace. At that time, the company was catering to the domestic demands, and then expanded it’s trading in other Asian regions. It was not until 1913 that the Company turned its attention to tea plantations and invested in suitable areas in South India
Philosophy
The premier taste of tea at BBTCL has not changed a bit over more than a century, neither the confidence of customers in it, though it has taken to modern machineries, processes and growing procedures. The company believes in providing the best natural quality products and taking India to the global platform. To achieve this, it completely relies on product quality and trade competency. Of course, the present world recognizes the worth of Indian goods and services, and the country’s capacity to meet the global standards.
Core Values
Personal lives are enriched by values, the same holds true for organizations. To be “the one” one has to operate in fair, humble and good faith. Likewise we nurture our lofty aspirations honestly by integrity and solidarity. Our value system encourages us to foster the talent of internal public and satisfy the external public by good quality products. The Company firmly believes in transparency in its dealings and lays emphasis on integrity and regulatory compliance. The Wadia Group considers good corporate governance a prerequisite for meeting the needs and aspirations of its Shareholders.
