The Bombay Bullion Association unveils its refurbished corporate office in Zaveri Bazar

By: Rathi Iyer

The Bombay Bullion Association unveiled its newly refurbished corporate office in Zaveri Bazar amidst much celebration recently. Mr. Rajnath Singh, President of Bharatiya Janata Party and Mr. Ashish Shelar, President – Mumbai, Bharatiya Janata Party were present for the inauguration ceremony.

Mr. Rajnath Singh commented that gold is an auspicious metal, “In our country, gold is the purity to start a new beginning and unveiling the corporate office of the Bombay Bullion Association is the new start for us,” he said. He further emphasized that gold is considered as the safest investment - “Today, India is the largest market for gold and the demand for gold has tremendously increased even in the foreign countries,” he added.

Mr. Mohit Kamboj, President of The Bombay Bullion Association said in his welcome speech that it was a proud moment for him and the members of The Bombay Bullion Association to be able to unveil the corporate office in such a grand ceremony.

The entire building of The Bombay Bullion Association corporate office has undergone a major change incorporating contemporary interiors designs and technology with the state-of-the-art facilities. These new facilities are better equipped to ensure quality service to the members of The Bombay Bullion Association from which members as well as the Association will be benefited. The new corporate office of The Bombay Bullion Association will also feature a lounge, conference room, board-room, testing room and many more facilities for its members.

The entire first floor of the building has been re-organized to accommodate a member-cum-buyer’s lounge. This lounge will only be accessible to members who can take advantage of the special privileges that will be provided making the lounge one-of-the-most comfortable and secure environments the industry has to offer. The lounge will also keep the members updated with latest news related to the industry being relayed live along with the current trading prices of various precious metals that would be relayed in real time.

About The Bombay Bullion Association
The Bombay Bullion Association Limited, an apex association for all bullion and jewellery associations in India, was established in September 1948. It was founded in response to prevailing conditions in the matter that warranted an association with a multi-faceted approach to the problems and challenges faced by the bullion traders in a newly liberated India.

The Bombay Bullion Association helps its members and the community at large for the promotion & regulation of Bullion trade, address disputes and arbitrations between dealers, provide a neutral and correct platform for weighing precious metals acceptable to the trading community, interact with different executive agencies, and provide reliable and correct reports of assaying of precious metals acceptable to the parties involved.

Increasingly it plays a key, pivotal role in interacting with the all Government Departments on behalf of bullion traders, dealers and jewellers in its implementation of new policy matters, import export issues and help in the economic growth of the country. The Bombay Bullion Association Ltd owns a building in the heart of South Mumbai at Zaveri Bazaar from where as part of its day to day activities the Bombay Bullion Association carries out a range of business activities to assist the Bullion and Jewellers Industry members which include Melting, Assaying, XRF Spectrometry, Hallmarking, Medallions and Coins, Dharam Kanta (Metal Weighing), Lockers, Communications etc.

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Rathi Iyer is the VP of Operations for Bombay Bullion Association Ltd.

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