Diamond World (DW) May - June 2020

Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group

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In MeMorIaM Remembering Late Shri Arunbhai Mehta (9 January, 1940 – 14 June, 2020) Visionary, leader, philanthropist… a real Gem Diamantaire par excellence, a businessman of virtue and champion of the masses, Late Shri Arunbhai Mehta was all of these and more. Here are some memoirs compiled from his great life and work 34 | may-june 2020 | DiamonD WorlD

In MeMorIaM He was born in Patan, Gujarat, in January 1940, the son of Ramniklalji Mehta, who was in the diamond business. He grew up with two brothers, Harshadbhai and Dilipbhai, and one sister. In 1960, he co-founded B. Arunkumar & Co in Mumbai, with his maternal uncle Bhanuchandra Bhansali, and Ramniklal Mehta (1920–2002). In 1970, his brother Dilipbhai Mehta set up Rosy Blue in Belgium. Mehta was the senior director of Rosy Blue. He was a founding member of the Diamond Exporters Association Ltd, and its vice-president. He was a member of the managing committee of the Bharat Diamond Bourse. For 20 years he was a member of the managing committee of the Gem & Jewellery Export Promotion Council. It was with profound sadness that the industry read the news about the passing away of Arunkumar R Mehta. Arunbhai, an industry stalwart and highly respected community leader was a guiding force and mentor to many. He was 80 and is survived by his wife Rajnika, son Russell and daughters Amita Samir Mehta and With trade leaders & Rajiv Gandhi Arunbhai receiving award from commerce minister Dinesh Singh During the World Diamond Congress Alpa Nishit Kothari, daughter-in-law Mona, and sons-in-law Samir Mehta and Nishit Kothari, along with many grand and great grandchildren. He is also survived by his brothers Harshad and Dilip Mehta. end of an era The demise of this great visionary and industry veteran at the age of 80 in Girgaum, Mumbai marks the end of era and passing away of a beacon who ensured that diamonds processed in India reached out all across the world and secured admiration for their quality and finesse. The history of the Indian diamond industry would have been different without Arunbhai’s key contributions. In the late 1970s he was one of the pioneers of its modernization and rapid growth phase, allowing him to not just grow the company he co-founded – Rosy Blue, but also the industry as a whole. With his vision and business acumen, he was able to seize opportunities but above all else he always prioritized high integrity and business ethics; helping the industry, like Rosy Blue, gain a favourable and trustworthy reputation. His participation and efforts in a number of trade organisations contributed immensely to the growth of the whole industry. He was a member of the DiamonD WorlD | may-june 2020 | 35

In MeMorIaM<br />

He was born in Patan, Gujarat,<br />

in January 1940, the son of<br />

Ramniklalji Mehta, who was in<br />

the diamond business. He grew up with<br />

two brothers, Harshadbhai and Dilipbhai,<br />

and one sister.<br />

In 1960, he co-founded B. Arunkumar<br />

& Co in Mumbai, with his maternal<br />

uncle Bhanuchandra Bhansali, and<br />

Ramniklal Mehta (1920–2002). In<br />

1970, his brother Dilipbhai Mehta set<br />

up Rosy Blue in Belgium.<br />

Mehta was the senior director of Rosy<br />

Blue. He was a founding member of the<br />

<strong>Diamond</strong> Exporters Association Ltd, and<br />

its vice-president. He was a member of the<br />

managing committee of the Bharat <strong>Diamond</strong><br />

Bourse. For 20 years he was a member of<br />

the managing committee of the Gem &<br />

Jewellery Export Promotion Council.<br />

It was with profound sadness that the<br />

industry read the news about the passing<br />

away of Arunkumar R Mehta. Arunbhai,<br />

an industry stalwart and highly respected<br />

community leader was a guiding force<br />

and mentor to many. He was 80 and is<br />

survived by his wife Rajnika, son Russell<br />

and daughters Amita Samir Mehta and<br />

With trade leaders & Rajiv Gandhi<br />

Arunbhai receiving award from commerce<br />

minister Dinesh Singh<br />

During the <strong>World</strong> <strong>Diamond</strong> Congress<br />

Alpa Nishit Kothari, daughter-in-law<br />

Mona, and sons-in-law Samir Mehta and<br />

Nishit Kothari, along with many grand<br />

and great grandchildren. He is also<br />

survived by his brothers Harshad and<br />

Dilip Mehta.<br />

end of an era<br />

The demise of this great visionary and<br />

industry veteran at the age of 80 in<br />

Girgaum, Mumbai marks the end of<br />

era and passing away of a beacon who<br />

ensured that diamonds processed in<br />

India reached out all across the world<br />

and secured admiration for their quality<br />

and finesse.<br />

The history of the Indian diamond<br />

industry would have been different<br />

without Arunbhai’s key contributions. In<br />

the late 1970s he was one of the pioneers<br />

of its modernization and rapid growth<br />

phase, allowing him to not just grow the<br />

company he co-founded – Rosy Blue, but<br />

also the industry as a whole.<br />

With his vision and business acumen,<br />

he was able to seize opportunities but<br />

above all else he always prioritized high<br />

integrity and business ethics; helping<br />

the industry, like Rosy Blue, gain a<br />

favourable and trustworthy reputation.<br />

His participation and efforts in a number<br />

of trade organisations contributed<br />

immensely to the growth of the whole<br />

industry. He was a member of the<br />

DiamonD WorlD | may-june <strong>2020</strong> | 35

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