Zaveri Bazaar (Marathi: झवेरी बाजार) is a jewelry market and a major hub for B2B jewelry 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 jewelry shops that sell gems and jewels, notably Tribhovandas Bhimji Zaveri (TBZ), Dwarkadas Chandumal and UTZ.[1] 65% of all gold trading and dealing in India is estimated to originate from the market.[2]
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The market houses the headquarters of many jewelry institutions of India including Tribhovandas Bhimji Zaveri, one of the biggest jewelry retailers of India, established in 1864. All kinds of gems and precious stones are available in the market as well as ornaments of traditional Indian designs to the latest and modern designs made of every possible gem and precious metal. 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 jewelry and gems export from the country.
Due to its crowded lanes and iconic importance in Mumbai, it has been the target of three attacks in Mumbai since 1993. It was one of the 13 areas bombed during the 1993 Bombay bombings, followed by the 25 August 2003 Mumbai bombings and the recent 13 July 2011 Mumbai bombings.[2][3]