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Nov 12

Prithviraj Kothari unveils the iconic Golden Wheel of Time at Zaveri Bazaar

Magnificent ring sculpture celebrates Bharat’s timeless legacy



In a momentous event that highlighted India’s rich heritage and artistic journey, Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL) and the National President of Indian Bullion Jewellers Association (IBJA), inaugurated the Golden Wheel of Time at the historic Zaveri Bazaar. This magnificent ring sculpture, meticulously forged from iron and gold, serves as an ode to Bharat’s kal chakra (wheel of time), symbolizing transformation and resilience through the ages.

The Golden Wheel of Time stands as a testament to Bharat's enduring legacy and the evolution of its artistry. The union of iron and gold, combined with intricate etchings and diverse textures, narrates a story of transformation from raw to refined splendor. The sculpture signifies continuity, bridging the nation’s illustrious past to a gleaming future, and calling on all to rise brighter and stronger as the eternal sone ki chidiya (golden bird) takes flight once again. RSBL takes pride in maintaining this symbol of progress and unity.


Prithviraj Kothari has stated that, “The Golden Wheel of Time is not just a symbol but a reminder of our shared journey—from our rich past to the promise of a golden future. It embodies the spirit of transformation and resilience that defines Bharat. May it inspire us all to keep moving forward, embracing our legacy while striving for progress.”


Prithviraj Kothari, a distinguished leader in the gold, silver, and platinum bullion industry, is often recognized as the “Bullion King of India.” A commerce graduate from Mumbai University, he has dedicated over three decades to the family business of gold trading. His leadership has propelled RiddiSiddhi Bullions Limited to be among India’s top 10 unlisted public companies by sales turnover, as per BS1000.


Known for his groundbreaking contributions, Mr. Kothari has been pivotal in advising the Indian Government on organizing and developing the bullion markets. He pioneered the introduction of Instant International price-based INR denominated bullion trading in India and was instrumental in launching RSBL SPOT, India’s first and only electronic over-the-counter bullion trading system.

In addition to his corporate achievements, Mr. Kothari has served on the advisory committee of the Multi-Commodity Exchange of India (MCX) and has advised both MCX and NCDEX on the design of gold and silver contracts. His tenure as President of the Bombay Bullion Association (BBA) was marked by significant strides in elevating its international presence. His contributions have also paved the way for the introduction of gold ETFs in India.


Kothari’s efforts have been recognized with the prestigious Jain Ratna award twice—first by Honorable President of India, Smt. Pratibhadevi Patil, in 2012, and then by Honorable Chief Minister of Maharashtra,. Prithviraj Chauhan, in 2013, for his remarkable service to the Jain community.



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