Bombay Dyeing to foray into new sectors eyes warehousing, holiday homes
The flagship company of the Wadia Group Bombay Dyeing has plans to foray into warehousing and holiday homes. After selling the Worli land parcel for Rs 5,200 crore to Japan’s Sumitomo company plans to do joint ventures and joint developments with land owners besides developing land parcels of group companies.
Bombay Dyeing has about 11 acres of land in popular hill stations such as Matheran and Mahabaleshwar, and the Industrial belt of Patalganga in Maharashtra where it is looking to build holiday homes and warehousing.
Also Read: Sumitomo Likely To Buy 18 Acres Land From Bombay Dyeing