Zaveri Bazaar

18°57′07″N 72°49′51″E / 18.951808°N 72.830697°E / 18.951808; 72.830697

Zaveri Bazaar is a jewellery market and a major hub for B2B and B2C 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.[1] 65% of all gold trading and dealing in India is estimated to originate from the market.[2] 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.

  1. ^ "Indian Shoppers Splurge for Diwali". Businessweek. 16 October 2009. Archived from the original on 19 October 2009.
  2. ^ Cite error: The named reference business was invoked but never defined (see the help page).