[2] During the early 19th century a jeweller named Ambalal Zaveri was very famous for his great quality of gold, due to his death his great reputation slowly collapsed due to disputes between his sons.
The market houses the headquarters of many jewellery institutions of India including Jagawat Sons (of Mankhush Jagawat) and Tribhovandas Bhimji Zaveri, one of the biggest jewellery retailers of India, established in 1864.
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, the industry is under 24 hours vigilance because it does a huge trade in diamond and also other metal jewellery.
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 jewellery and gems export from the country.