Zaveri Bazar in Mumbai is famous for jewellery shops and a major destination for B2B and B2C jewellery industry in Mumbai, India. It is Located at Bhuleshwar in South Mumbai, north of Crawford Market.
Zaveri Bazar has lot of narrow lanes with hundreds of jewellery shops selling gems and jewels. Notable jewellers are Tribhovandas Bhimji Zaveri (TBZ), Dwarkadas Chandumal, Dhirajlal Bhimji Zaveri & UTZ. As per records, around 65% of all gold trading and dealing in India has been originating from the Zaveri market, Mumbai.
In the early 19th century, there was a jeweller named Ambalal Zaveri. He was very famous for his excellent quality of gold. But after his death, his reputation slowly decreased because of disputes among his sons.
- Location: Bhuleshwar, South Mumbai, Maharashtra
- Closed: Sunday
- Market Timings: 10.00 am to 7.30 pm