National News
Zaveri Bazar Welfare Association (ZBWA) Unveils India’s Grandest Jewellery Celebration
“ZBF 2025” Zaveri Bazar Gems and Jewellery Festival
The legendary Zaveri Bazar, Mumbai’s timeless epicentre of the gems and jewellery trade, is poised to dazzle the world with the launch of ZBF 2025 (Zaveri Bazar Gems & Jewellery Festival) an extraordinary, first-of-its-kind B2B celebration fusing business brilliance with India’s rich cultural heritage.
This festival is organized by the Zaveri Bazar Welfare Association (ZBWA) in Association with Jewel Trendz Pvt. Ltd (Event organizer). ZBF 2025 will run from 22nd September to 26th October 2025, with the core buyer-seller showcase scheduled from 6th to 16th October 2025. The festival promises to redefine the business of jewellery with unmatched scale, spirit, and splendour.
Highlights of ZBF 2025 The ZBF 2025 is set to become the gold standard in jewellery events by bringing together the entire ecosystem under one visionary platform: – 7,000+ Hosted Jewellery Retailers from every corner of India – International Buyers from over 10 countries – 9,000+ Manufacturers, Wholesalers & Traders from the Zaveri Bazar fraternity – Heritage Showcases, Cultural Parades, Fashion Walks, Light Installations, and much more
Participants will experience premium business meetings, exclusive jewellery showcases across Zaveri Bazar stores and offices, and curated networking evenings, all wrapped in the festive spirit of Diwali in India’s most iconic jewellery destination.
A United Industry, A Shared Vision For the first time in history, Zaveri Bazar comes together as one, backed by the unwavering support of leading industry bodies: IBJA | GJC | MWGJA | Dagina Bazar | JYF | and the entire Indian jewellery community Speaking on the initiative.
Hitesh Jain, President of Zaveri Bazar Welfare Association, shared: “ZBF 2025 is more than a festival. it’s a tribute to our legacy, our craftsmanship, and our collective pride. We are writing a new chapter for Indian jewellery. Zaveri Bazar will shine again — stronger, brighter, and united like never before.”
Govind Verma CMD – Jewel Trendz Pvt Ltd : The Zaveri Bazar Gem & Jewellery Festival will be a game changer. Zaveri Bazar is an important and historic market. ZBF will leverage the legacy of Zaveri Bazar and make it global brand. I am honoured and privileged to be associated with ZBF.
Rajesh Kalyanaraman -Executive Director Kalyan Jewellers: Zaveri Bazar is a historic and important jewellery market. I cherish the fond memories of Zaveri Bazar and the warm relationships we have built with the jewellers of Zaveri Bazar. I assure you the full support from Kalyan Jewellers to each and every stakeholder in Zaveri Bazar
Silver prices in India have surged to an unprecedented Rs.1,85,000 per kg & surpassing with every minute or hour or day, (inclusive of taxes), up Rs.6,000 + in a single day and a staggering 106% so far this year, creating a severe shortage that threatens the country’s silver jewellery exports.
The Gem & Jewellery Export Promotion Council (GJEPC) is convening with exporters and retailers to assess the situation and explore solutions before escalating the matter to the government.
“There is a tremendous shortage of supply, which will impact our exports of silver jewellery. We are engaging stakeholders and will call a meeting shortly,” said GJEPC Chairman Kirit Bhansali.
India’s silver jewellery exports had grown 17.43% year-on-year to $596.41 million in the first half of this fiscal year. However, rising industrial demand for silver in electronics, solar panels, batteries, and its recent classification as an essential mineral by the US has tightened global supplies, diverting shipments and pushing prices higher.
Exporters report that the shortage is driving premiums unnecessarily high, directly affecting their competitiveness. Compounding the issue, the government recently restricted imports of silver and unstudded jewellery from certain ASEAN countries, including Thailand, until March 31, 2026, in an effort to manage the domestic market.
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