The Bombay Burmah Trading Corporation, commonly known as Bombay Burmah or BBTC, is a well-established and diversified Indian conglomerate. Founded in 1863, BBTC has a rich history spanning over 150 years and has played a significant role in India's business landscape.
BBTC's business interests are spread across various sectors, including plantations, consumer products, real estate, and investment holdings. Let's explore each of these areas in more detail:
Plantations: BBTC has a long-standing presence in the plantation industry. It owns and operates tea and coffee estates in India and Africa. The company is known for producing high-quality teas that are exported worldwide. Through its plantations division, BBTC contributes to the agricultural sector, employment generation, and sustainable farming practices.
Consumer Products: BBTC has diversified its business into the consumer products segment. It operates through its subsidiary, Britannia Industries Limited, which is a renowned name in the Indian food industry. Britannia is known for its wide range of food products, including biscuits, cakes, bread, dairy products, and beverages. The company has built a strong brand presence and is a trusted choice among Indian consumers.
Real Estate: BBTC has ventured into real estate development, focusing on residential and commercial projects. The company utilizes its land holdings and expertise to create properties that meet the demands of the market. BBTC's real estate division contributes to urban development and infrastructure growth in various cities across India.
Investment Holdings: BBTC also holds strategic investments in several companies across different sectors. These investments provide the company with exposure to diverse industries and potential avenues for growth and profitability.
As a conglomerate, BBTC's diversified portfolio allows it to navigate different market conditions and capitalize on various opportunities. The company's long-established presence, strong brand reputation, and focus on quality have contributed to its success and sustainability over the years.
BBTC is committed to ethical business practices and sustainability. It emphasizes environmental conservation, community development, and responsible sourcing in its operations. The company strives to create value for all its stakeholders, including shareholders, employees, customers, and the communities it operates in.
In conclusion, the Bombay Burmah Trading Corporation (BBTC) is a renowned Indian conglomerate with a rich history and diverse business interests. Through its involvement in plantations, consumer products, real estate, and investment holdings, BBTC has established itself as a prominent player in the Indian business landscape. With a focus on sustainability and ethical practices, BBTC continues to contribute to India's economic growth while delivering value to its stakeholders.
Bombay Burmah Trading Corporation (BBTC, BOM:501425) has agreed to sell three tea estates in Tanzania for a total of $1.2 million, according to a post-market hours filing on Wednesday.
The property admeasuring a total of 3,957 acres is being sold to Udongo Wetu, Dar es Salaam, Tanzania
The proposed sale is expected to be completed by Aug. 31 subject to the receipt of necessary approvals from regulatory agencies.
This chart is three month chart for BBTC i.e- each candle represents three months.
This chart is monthly chart for BBTC
Income statement so far.