Part of the Wadia group, Bombay Dyeing & Manufacturing Company (BOMBAYDY) was incorporated on Aug. 23, 1879 in Mumbai. It operates in the three main segments of textiles, polyester (DMT) and real-estate. Nusli N. Wadia is the chairman of BOMBAYDY. The textile division produces bed linen, towels, furnishings; suit fabrics, shirts, dresses, and saris in cotton and polyester blends. The industrial range includes microdot interlining, fabrics for shoe uppers, adhesives, abrasives, leather cloth and filters. Through its five facilities, the company has a daily production of 300,000 meters of fabric. The DMT division manufactures dimethyl terephthalate (DMT) with a capacity of 165,000 TPA. A new polyester staple fiber (PSF) plant is currently undergoing trial runs. Restructuring and locating the textile businesses in one location has spawned real-estate development opportunities for the company. Bombay Dyeing & Manufacturing Company owns 60 acres of prime land, which is being developed into mixed-use real estate comprising apartments, office space, malls and hotels at Dadar and Worli in Mumbai. The company is forming a new joint venture company with Larsen & Toubro for a re-development project at Bandra-Kurla complex. BOMBAYDY exports to advanced countries such as USA, Europe, Australia and New Zealand. A unique strength of Bombay Dyeing in India is a distribution chain consisting of 600 plus exclusive shops spread all over the country. Its registered office of BOMBAYDY is located at Mumbai, India.