Zaveri Bazaar is a jewellery market and a major hub for B2B jewellery industry in Mumbai, India. Located at Bhuleshwar in South Mumbai, just north of Crawford Market, Zaveri Bazaar is a muddle of narrow lanes, dotted with hundreds of jewellery shops that sell gems and jewels, notably Tribhovandas Bhimji Zaveri (TBZ), Dwarkadas Chandumal, Dhirajlal Bhimji Zaveri & UTZ. 65% of all gold trading and dealing in India is estimated to originate from the market.
The market controls over 65 percent of India’s gold trade and has over 7,000 shops selling traditional and contemporary gold, platinum and diamond jewellery.
Many shops in this market are very small but easily earn crore of Indian rupees.In this market, you can get the oldest to the newest fashion trends of jewellery Very old and dilapidated buildings which house residential and commercial units where jewellery is processed do not go unnoticed.
30,000 karigars (artisans) approximate most from West Bengal are working in very bad conditions in different units. this market doesn’t have any place for parking and hawking more than 60000 peoples visit in this market on daily bases many shops there use to sell second-hand gold All kinds 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 hr 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.