Wadia group plans to invest in West Bengal
The Wadias of Bombay Dyeing may be the latest to enter West Bengal. Bombay Dyeing joint managing director Ness Wadia confirmed on Friday that his group would be interested in infrastructure, healthcare and education segments.
By TNN |
KOLKATA: The Wadias of Bombay Dyeing may be the latest to enter West Bengal. Bombay Dyeing joint managing director Ness Wadia confirmed on Friday that his group would be interested in infrastructure, healthcare and education segments though he declined to reveal investment numbers.
Mr Wadia, who was sitting among the audience at the national executive committee meeting of Federation of Indian Chambers of Commerce & Industry (FICCI) here on Friday, actually walked up to chief minister Buddhadeb Bhattacharjee to tell him about his investment plans in the state. The gesture was widely appreciated.
Interestingly, Mr Wadia’s spontaneous response followed Mr Bhattacharjee’s request to the private sector for setting up schools, ITIs and polytechnic colleges through the public-private-partnership (PPP) route. The Wadia group, as part of its social welfare initiative, had long ago entered education and healthcare.
It has established seven educational institutes including the Neville Wadia Institute of Management Studies & Research, Nowrosjee Wadia College Of Arts & Science, Cusrow Wadia Institute Of Technology, Ness Wadia College of Commerce and Modern Education Society’s College of Engineering, which are all in Pune. It has also set up two colleges — DG Ruparel College and New Law College — in Mumbai.
The group has also set up two hospitals — Nowrosjee Wadia Maternity Hospital and Bai Jerbai Wadia Hospital for Children.
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