DVN GROUP
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DVN GROUP — Established 1944

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Established 1944 · Mumbai

DVN GROUP: Luxury Jewellery Manufacturing & Diversified Enterprise.

A family-owned Indian business house, bootstrapped across four generations — manufacturing jewellery for the world, and building in technology, trade, property, education and media.

Explore the group
The bench

Eight decades at the bench.

What began as one man buying and making jewellery in Mumbai is now a manufacturing house whose standards were set by hand, long before they were written down.

Manufacturing

Made at scale, finished by hand.

Volume production that never gave up the finishing standard — the reason the same house supplies both a retail chain and a single bespoke commission.

Technology

Our own software runs our own floor.

The technology division was built to solve the factory's problems first. Everything it sells has already been proven against a live manufacturing operation.

Global

Exporting worldwide from Mumbai.

Eight decades of serving the global jewellery trade, shipping from one city to buyers who have never needed to see the floor to trust what leaves it.

Why we build

Measured by the lives we uplift.

True success is measured not by what we earn, but by the lives we uplift. Six verticals, one balance sheet, and a standard that has had eighty years to settle.

Our legacy
Group at a glanceSince 1944

Eight decades, six verticals

A single house operating manufacturing, trade, technology, property, education and media.

01
Years since 1944
02
People in jewellery production
03
Manufacturing units
04
Sq. ft. of facility
  • Four generations, family owned
  • 100% bootstrapped
  • Worldwide export
  • Carbon neutral certified
  • 100% renewable energy
  • 100% women office staff
  • Zero child labour
  • German & Japanese machinery
From the Founder's desk

True success is measured not by what we earn, but by the lives we uplift.

Dinesh Choksi
Dinesh ChoksiFounder & Chairman, DVN GROUP
Our legacy since 194409 entries

Eight decades, recorded

The milestones that shaped the group, from its founding to the present.

  • 1944

    The trade begins

    Kathad Bappa starts buying and making jewellery in Mumbai — an unlicensed trade run on skill and word of mouth, and the beginning of the family’s life in the business.

  • 1963

    Dinesh Choksi takes charge, aged twelve

    On his grandfather’s passing, Dinesh Choksi assumes the business as a child and begins turning an informal trade into a manufacturing company — new designs, new processes, and the intent to operate on the record.

  • 1970

    Founded, officially

    On 23 March 1970 Dinesh Choksi registers the business as a jewellery factory under the Gold Act, the 123rd person in India to be officially recognised as a jewellery manufacturer. He is the founder of DVN as a licensed manufacturing company.

  • 1980

    ORO-Z established

    A dedicated CNC bangle brand is founded, pairing computer-controlled precision with traditional bangle craft for export markets.

  • 2004

    The next generation takes operational control

    Deven, Vishal and Niraj Choksi step into leadership of the group, expanding beyond jewellery into education, technology, property and finance.

  • 2006

    Alibaba India brand ambassadorship

    Niraj Choksi is appointed Brand Ambassador for Alibaba India, beginning nearly two decades of promoting Indian jewellery and apparel on global digital marketplaces.

  • 2013

    Education formalised

    Deven Choksi takes charge of M. J. Junior College and School, and the group's education vertical takes institutional shape.

  • 2021

    Certified sustainable

    The Jewelry Manufacturers Council certifies DVN as a Sustainable Jewelry Manufacturing Company, alongside carbon neutrality, renewable energy and recycling certification. Transfer Infinite ships from DVN IT SOLUTIONS®, developed by an all-women team.

  • Today

    Six verticals, one house

    Nine manufacturing units across 268,000 sq. ft. in suburban Mumbai with 5,800+ people in jewellery production, a separate technology team of over 1,000 at DVN IT SOLUTIONS®, and an annual capacity of 98 million pieces — with trade, property, education and media built around it.

Why DVN GROUP06 / 06

What eighty years buys you

Not sentiment — a manufacturing ecosystem, in-house technology and a standard that has had eight decades to settle.

  • 01

    Eight decades in the trade

    Founded 1944 and family-run through four generations. Longevity in jewellery manufacturing is itself the quality signal — the trade has no shortage of firms that lasted one cycle.

  • 02

    The complete ecosystem

    Hand sketch, CAD, master CAM, production, findings, accessories, packaging, photography and export — all in-house across nine units and 268,000 sq. ft.

  • 03

    Capacity that holds

    An annual manufacturing capacity of 98 million pieces, 5,800+ people in jewellery production and contract partner factories for peak demand — so a programme scales without a change of supplier.

  • 04

    Materials without compromise

    100% nickel-free, cadmium-free and lead-free across every product, in solid gold, platinum, sterling silver, gold filled, vermeil and plated — to international standards.

  • 05

    Certified sustainable

    Carbon neutrality, 100% renewable energy, recycling and sustainable manufacturing certification, with a zero child-labour policy applied without exception.

  • 06

    Built by women

    100% women office staff and more than 70% women across jewellery production, supported by flexible hours, a crèche facility and funded professional development.

How we operate03 pillars

Standards we hold ourselves to

Manufacturing capability, environmental practice, technology, quality and community — stated as operating conditions rather than aspirations.

Polishing and finishing station on the jewellery workshop floor
Fig. 01 — Manufacturing excellence
Manufacturing excellence01

The floor decides the product

Nine units across 268,000 square feet in suburban Mumbai, running machinery imported from Germany and Japan. CAD/CAM, master CAM and CNC sit alongside master jewellers working by hand — neither replaces the other, and both are held to the same tolerance.

  • 9 manufacturing units
  • 268,000 sq. ft.
  • 98 million pieces annual capacity
  • German machinery
  • Japanese machinery
  • CAD/CAM & master CAM
  • CNC
  • Hand & machine-made
Solar array under open sky
Fig. 02 — Sustainability
Sustainability02

Conditions of doing business

Independently certified rather than asserted: carbon neutrality, 100% renewable energy, recycling and sustainable manufacturing. The zero child-labour policy applies without exception, and 100% of office staff and over 70% of the production workforce are women.

  • Carbon Neutrality certified
  • 100% Renewable Energy certified
  • Recycling certified
  • Sustainable Manufacturing (JMC)
  • Ethical sourcing
  • 100% women office staff
  • 70%+ women in production
  • Zero child-labour policy
Circuit board detail in close focus
Fig. 03 — Innovation
Innovation03

Technology as the operating default

Technology is developed in-house by DVN IT SOLUTIONS® and deployed across the group before it is offered to clients — ERP on the manufacturing floor, automation in production, and shipped product such as Transfer Infinite, built by an all-women engineering team.

  • Artificial intelligence
  • Smart manufacturing
  • Automation
  • Digital transformation
  • In-house ERP & CRM
  • Transfer Infinite (SaaS)
Recognition07 recognitions

Awarded, and dated

Recognitions carried by the group and its directors, with the year each was conferred.

  • 1970

    123rd registered jewellery manufacturer

    Dinesh Choksi registered on 23 March 1970 under the Gold Act — the 123rd person in India to be officially recognised as a jewellery manufacturer.

  • 2009

    Innovative E-Businessman Award

    Asia Pacific Economic Cooperation (APEC).

  • 2012

    International Star Award for Quality — Gold Category

    BID International, Geneva.

  • 2014

    Asia Best Practice Competition

    Alibaba.

  • 2018

    International Euro Award for Excellence & Quality

    European quality recognition.

  • 2021

    Certified Sustainable Jewelry Manufacturing Company

    Jewelry Manufacturers Council (JMC), 2021 onwards.

  • 2022

    Most Innovative Software Development Company

    GEA 2022, for DVN IT SOLUTIONS®.

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Bring us the brief.

Whether it is a jewellery programme, a technology build, a development or an export partnership — the same team answers.

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StationMumbai

DVN GROUP

Mumbai, Maharashtra
India
WhatsApp us (opens in a new tab)contact@dvngroup.org
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