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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.
Bharat Diamond Bourse (BDB) is the world's largest diamond bourse (exchange) and is located in Mumbai, India. [1] Spread over a 8.1-hectare (20-acre) plot, the complex is home to some 2,500 small and large diamond traders in addition to the Custom House, banks and other service providers who cater to the gems and jewelry trade. [2]
The largest markets are USA (about half), China and India. [3] As of 2017 larger diamonds had appreciated in value since 2008 more than smaller ones. [4] [5] In early 2025 diamond prices had dropped significantly from a peak in 2022; prices of natural gems in shops dropped by 26% by the beginning of 2025.
Using these methods, Gemesis produced high-quality colorless and fancy color diamonds that were offered for sale at 20–30% lower prices than mined natural diamonds of similar quality (and, from some suppliers, lower prices than that). [6] By about 2010, Gemesis was the principal producer of gem quality lab created diamonds and jewelry.
Kiran Gems was founded in 1985 by Vallabhbhai S. Patel, who began as a diamond cutter in Gujarat before relocating to Mumbai to establish the company with his brothers, Babubhai S. Lakhani and Mavjibhai S. Patel. [4]
Hari Krishna Exports Pvt. Ltd., also known as HK, is an Indian diamond conglomerate, headquartered in The Capital, Bandra Kurla Complex, Mumbai, India. [7] It was established in 1992 by Savji Dholakia and his three brothers. [1] The company has manufacturing units at Surat in Gujarat and its marketing and sales office in Mumbai.
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