In 2004, Korean log prices crashed, sending the New Zealand forestry industry into disarray. Logs were left unsold at many wharves around the country, leaving many contractors and exporters unpaid, sustaining large losses. It was at this time that businessmen Jacob Mannothra and Richard Osborne decided to combine their resources and create the nation's first dedicated exporter of logs and lumber to India.
Ten years later, Zindia is still the only dedicated exporter of New Zealand logs to India. In addition, the group owns and manages over 6,000 acres of Radiata pine plantations and exports forest products from many countries around the world.