Coordinates: 18°57′07″N 72°49′51″E / 18.951808°N 72.830697°E 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, Dhirajlal Bhimji Zaveri & UTZ. 65% of all gold trading and dealing in India is estimated to originate from the market.
The market houses the headquarters of many jewelry institutions of India including Jagawat Sons(of Mankhush Jagawat) and 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 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, industry is under 24 hr vigilance because it does a huge trade in diamond and also other mettle jewelry. 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.