Zaveri Bazaar is a jewelry market and a major hub for B2B

Business-to-business

Business-to-business describes commerce transactions between businesses, such as between a manufacturer and a wholesaler, or between a wholesaler and a retailer...

 jewelry industry in Mumbai

Mumbai

Mumbai , formerly known as Bombay in English, is the capital of the Indian state of Maharashtra. It is the most populous city in India, and the fourth most populous city in the world, with a total metropolitan area population of approximately 20.5 million...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. Located at Bhuleshwar

Bhuleshwar

Bhuleshwar is a neighbourhood in Mumbai. The area is known for being house to over 100 temples and the former residence of Dhirubhai Ambani and family....

 in South Mumbai

South Mumbai

South Mumbai , sometimes incorrectly referred to by English Media as "SoBo" , the southern-most precinct of the city of Mumbai, India, comprises the city's main business localities and its adjoining areas...

, just north of Crawford Market

Crawford Market

Crawford Market is one of South Mumbai's most famous markets. It is named after Arthur Crawford, the first Municipal Commissioner of the city. The Market was later named after Mahatma Jotirao Phule after a long struggle by the President of Mahatma Phule Smarak Samiti, Mukundraoji Bhujbal Patil...

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

Tribhovandas Bhimji Zaveri

Tribhovandas Bhimji Zaveri Ltd. is a noted Indian jeweller and jewellery retail chain based in Mumbai, India. Established in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai, it was subsequently headed by his son, Gopaldas Tribhovandas Zaveri, and now Shrikant...

 (TBZ), Dwarkadas Chandumal and UTZ. 65% of all gold trading and dealing in India is estimated to originate from the market.

Occupancy

The market houses the headquarters of many jewelry institutions of India including Tribhovandas Bhimji Zaveri

Tribhovandas Bhimji Zaveri

Tribhovandas Bhimji Zaveri Ltd. is a noted Indian jeweller and jewellery retail chain based in Mumbai, India. Established in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery district of Mumbai, it was subsequently headed by his son, Gopaldas Tribhovandas Zaveri, and now Shrikant...

, 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.

Incidents

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

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 went off in a jewellery market Zaveri Bazaar near the...

 and the recent 13 July 2011 Mumbai bombings.