6 Jewellers Who Rule the Indian Gold Market
5. Tribhovandas Bhimji Zaveri
S Gopaldas Zaveri,CMD
Turnover:
1,385 crore
Key Business Fact: Public listing in May 2012
USP: Strong brand recognition
Tribhovandas Bhimji Zaveri is a renowned Indian jeweller and jewellery retail chain based in India. The company was founded in 1864 by Tribhovandas Bhimji Zaveri in Zaveri Bazaar, the jewellery hub of Mumbai. Later the throne was taken over by his son Gopaldas Tribhovandas Zaveri, and now Shrikant Zaveri, is the present Chairman and Managing Director of the group.
At the age of 19 when Shrikant Gopaldas Zaveri joined the family business he already knew how he wanted to take if forward. I knew the tricks of the trade and the areas where I could add value to the business," says Zaveri, who took over as CMD in 2000.
The company today, has 16 showrooms in ten cities across six states, including Mumbai, Hyderabad, Kolkata and Rajkot and has an annual turnover of around
1, 385 crore.
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