DVN GROUP
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DVN GROUP — Established 1944

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6 verticals
Established 1944

A house built on trust, operating in six directions.

DVN GROUP is a family-owned Indian business house whose jewellery trade began in 1944. Four generations on, it operates across jewellery manufacturing, international trade, technology and AI, real estate, education and media. The group reports 5,800+ people in jewellery production and a separate technology team of over 1,000.

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
Vision & missionStatement

What we are building toward

Vision

To be recognised worldwide as an Indian house that competes on craftsmanship and integrity — trusted equally by a bench jeweller, an international buyer and a family choosing a school.

Mission

To provide the best quality products at the best prices by continuously innovating in design and manufacturing, to operate sustainably at every step, and to grow in ways that leave our people, our women workforce and our communities measurably better off.

  • 01

    Quality counts first

    The house motto, and the order of operations. Every piece is tested against standards of quality, durability and craftsmanship before it leaves — the reputation is the asset.

  • 02

    Bootstrapped, four generations

    Founded 1944 and never externally funded. Growth has been paid for out of earnings, which is why the standard has never had to give way to a quarter.

  • 03

    Women, empowered by policy

    100% women office staff and over 70% women across jewellery production, supported by flexible hours, a crèche facility and funded training. Zero child labour, without exception.

  • 04

    Sustainable by construction

    Carbon-neutral and 100% renewable-energy certified, with recycling and ethical sourcing built into the process rather than reported after it.

  • 05

    Technology in the workshop

    CAD/CAM, CNC and machinery imported from Germany and Japan, alongside master jewellers working by hand. Neither replaces the other.

  • 06

    Build the whole chain

    Design, manufacturing, findings, packaging, photography, export and the software that runs it — owned in-house, so a client deals with one house rather than seven vendors.

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

  • 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.

Our customers

Who we supply

The group's manufacturing and trade divisions supply businesses, not consumers.

  • Jewellery brands
  • Retail chains
  • Designers
  • Wholesalers
  • Importers
  • Luxury brands
Global presence3 markets

Exporting worldwide from Mumbai

DVN GROUP serves international jewellery customers from Mumbai through its manufacturing and trade businesses. Contact the team to discuss product, production and export requirements.

  • Custom jewellery manufacturing
  • International jewellery trade
  • OEM, ODM and private-label programmes
Leadership

Directors and management

  • Dinesh Choksi

    Founder & Chairman

    Born 1952 in Chowpatty, Mumbai. Took charge of his grandfather Kathad Bappa’s jewellery trade at twelve and formalised it into a registered manufacturing company — on 23 March 1970 becoming the 123rd person in India officially registered as a jewellery manufacturer under the Gold Act, and earning the trade name "Dinesh Kanthi". Known for innovative mangalsutra and tulsi-para design. Supports his Guruji’s temple at Sihor, Gujarat, including its sadavrat programme.

  • Dr. Sudha Choksi

    Director

    Born 1955 in Jasdan, Gujarat. Read law at Wilson College, Mumbai, and holds a PhD from Banaras Hindu University, Varanasi. A lawyer, social scientist and philanthropist, she founded the non-profit Women of India, which provides education, training and financial assistance to women, and drives the group's women-empowerment policy.

  • Prof. Deven Choksi

    Chief Executive Officer

    Born 1975. Chemical engineer and physicist — B.E. in Chemical Engineering and a PhD in Physics — with 24 years of teaching experience. CEO of DVN GROUP since 2004, Founder Director of Mumbai High World School and Co-Founder Director of M. J. College since 2013. Leads the group’s education vertical and its strategic and financial planning.

  • Niraj Choksi

    Global Business Development Director

    Born 1978. Read commerce at Mithibai College and completed the Management Programme for Entrepreneurship and Family Businesses at Stanford Graduate School of Business. Co-founder of DVN IT SOLUTIONS® and Brand Ambassador for Alibaba India since 2006, promoting Indian jewellery and apparel on global digital marketplaces.

  • Dr. Vishal Choksi

    Director — Production & Finance Administration

    Born 1977. Metallurgical engineer, trained on a specialist programme run by Harvard University in collaboration with the Gold and Jewellery Council, and holds a PhD in the same field. Known in the trade as "The Metal Master" for his command of metallurgy and of the chemical processes behind jewellery production. Owns quality assurance and craftsmanship standards across the manufacturing floor, and the stringent quality-control regime every piece passes through.

Corporate governance05 items

How decisions are made

  • 01A family-owned, 100% bootstrapped company since 1944, held and directed across four generations without external capital.
  • 02Zero child-labour policy applied without exception across all units and contract partner factories.
  • 03Ethical sourcing and material compliance — 100% nickel-free, cadmium-free and lead-free across every product line.
  • 04Independent certification of environmental claims: carbon neutrality, 100% renewable energy, recycling and sustainable manufacturing.
  • 05Quality control and testing applied to every piece before dispatch, with a standing product development team accountable for the standard.
Work with the group

Bring us the brief.

Manufacturing, trade, technology, property, education or media — one enquiry reaches the right division.

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