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Bullion World | Volume 5 | Issue 04 | April 2025
The Silver Craftsmanship of
Rajkot: A Legacy of Excellence
Nestled in the heart of Gujarat,
Rajkot has long been a beacon
of artistry and tradition in
India’s silver industry. Known
for its intricate designs and
unmatched craftsmanship,
the city is home to one of
the largest silver markets in the
country. Behind its glimmering jewelry
pieces lies a powerful story of resilience, organization,
and community—a story that began with the voices of
karigars (artisans) seeking dignity and unity. However, as years passed and industry needs evolved,
the initial association saw stagnation. Recognizing the
The Genesis of a Movement: need for a more dynamic body, in 2008, the group was
Protecting the Karigars
The roots of the silver association in Rajkot trace back
to 1981, a time when over approx 1,000 karigars worked
tirelessly under challenging conditions. Their collective
voice gave birth to an association that aimed to protect
their rights and improve working conditions. It was a DEVELOPING, DRIVING AND
response to ill-treatment and a demand for respect for
CONNECTING ASIA PACIFIC
their skill and labour.
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OUR VISION & MISSION MEMBERSHIP
Our vision is for Singapore to emerge as a SBMA is a non-profit member-driven
leading precious metals hub in the Asia Pacific organisation that represents our members from
region and a global centre of connectivity for the precious metals industry, including but not
precious metals. limited to bullion banks, exchanges, refineries,
trading firms and logistics companies. Our
Our mission is to support member companies members enjoy wide-ranging benefits from their
in expanding their businesses within Singapore membership.
and leveraging the nation as a launchpad to FIND OUT MORE:
propel their operations into the Asia Pacific
region.
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