Zaveri Bazaar is a jewellery market and a major hub for B2B and B2C jewellery industry in

Mumbai Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. Located at Bhuleshwar in

South Mumbai South Mumbai, colloquially SoBo from South Bombay in Anglo-Indian English, administratively the Mumbai City District, is the city centre and the southernmost precinct of Greater Bombay. It extends from Colaba to Mahim and Sion neighbour ...

, just north of

Crawford Market Crawford Market (officially Mahatma Jyotiba Phule Mandai) is one of South Mumbai's most famous markets. The building was completed in 1869, and donated to the city by Cowasji Jehangir. Originally named after Arthur Crawford, the first Municipal ...

, Zaveri Bazaar is a muddle of narrow lanes, dotted with hundreds of jewellery shops that sell gems and jewels, notably

Tribhovandas Bhimji Zaveri Tribhovandas Bhimji Zaveri Ltd. (TBZ) is a noted Indian jeweller and jewellery retail chain based in India. Established in 1864 (156 years ago) by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai, it was subsequently ...

(TBZ), Dwarkadas Chandumal, Dhirajlal Bhimji Zaveri & UTZ. 65% of all gold trading and dealing in India is estimated to originate from the market. During the early 19th century a jeweller named Ambalal Zaveri was very famous for his great quality of gold, due to his death his great reputation slowly collapsed due to disputes between his sons.

Occupancy

The market houses the headquarters of many jewellery institutions of India including Jagawat Sons (of Mankhush Jagawat) and

, one of the biggest jewellery retailers of India, established in 1864. A variety of gems and precious stones are available in the market as well as ornaments of traditional Indian designs to modern designs made of every possible gem and precious metal. Zaveri Bazaar is regarded as being secured because it has CCTVs installed in order to avoid almost any crime, private protection involved for every shop, the industry is under 24 hours vigilance because it does a huge trade in diamond and also other metal jewellery. Zaveri Bazaar is also famous for photo frames, clips, tea-sets, dinnerware, toys and other luxury lifestyle articles crafted out of expensive metals. Zaveri Bazaar gets the maximum credit of jewellery and gems export from the country.

Incidents

It has been the target of three attacks in Mumbai since 1993. It was one of the 12 areas bombed during the

1993 Bombay bombings The 1993 Bombay bombings were a series of 12 terrorist bombings that took place in Bombay, Maharashtra, on 12 March 1993. The single-day attacks resulted in 257 fatalities and 1,400 injuries. The attacks were coordinated by Dawood Ibrahim, le ...

, followed by the

25 August 2003 Mumbai bombings The 25 August 2003 Mumbai bombings were twin car bombings in the Indian city of Mumbai that killed 54, and injured 244 people. One of the bomb explosions took place at the Gateway of India, which is a major tourist attraction. The other bomb ...

and the more recent

13 July 2011 Mumbai bombings The 2011 Mumbai bombings, also known as 13/7, were a series of three coordinated bomb explosions at different locations in Mumbai, India, on 13 July 2011 between 18:54 and 19:06 IST. The blasts occurred at the Opera House, at Zaveri Bazaar and ...

References

Neighbourhoods in Mumbai Retail markets in India Jewellery districts Shopping districts and streets in India Bazaars in India Jewellery industry in India Economy of Mumbai {{mumbai-geo-stub

Occupancy

Incidents

See also

References