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

17.07.2020 Views

In MeMorIaM Remembering a Gentleman Par Excellence – A Tribute Arunbhai’s closest associates pen down their memories associated with him Dilip Mehta, Brother Our father, Shri Ramniklal Mehta had a hard childhood and lost his parents when he was just two years of age. As a result, Hiteshbhai’s (of H Dipak & Co.) great grandfather played a great role in bringing up my father. Arunbhai was wise, not just smart. A smart person gets out of a difficult situation easily, whereas a wise person never lands in a difficult situation. He was my eldest brother, ten years my senior. He was my confidante, partner and buddy in my growing up years. He often treated me like a son, rather than a younger brother. He looked after all of us younger siblings lovingly. Everyone believed that he always took my side during any discussion. I too liked to believe it. But in reality he was truly impartial and when it came to matters of ethics he was totally just. In business, he was a great visionary – he believed in hard work and team spirit. During my learning years, he was my mentor and I looked up to him for sound advice in many cases. He always told me ‘know your numbers well. Never overlook the importance of sound accounting knowledge – you must know your accounts very well. He was a great believer in the power of team effort and therefore nurtured and valued people. These are values I recall to this day – ones which have seen the whole family in good stead in every situation. He was my eldest brother, ten years my senior. He was my confidante, partner and buddy in my growing up years. He often treated me like a son, rather than a younger brother Former diamantaire and film producer Bharat Shah, a close family friend Arunbhai used to help everyone in the market. He was revered by the whole diamond trading fraternity, in India and abroad. He was very active in social field. People swore by his philanthropy and till date respect his commitment to the society. He knew how to manage business, personal life and societal commitments better than anyone else. Arunbhai has been the forerunner to take diamond industry to new highs. His visionary attitude and ability to think for the benefit of the whole fraternity are qualities of a great business leader. He was very well respected by all. He knew how to manage business, personal life and societal commitments better than anyone else 42 | may-june 2020 | DiamonD WorlD

In MeMorIaM Ashish K. Mehta, Partner, Kantilal Chhotalal Arunbhai was a visionary, and had anuncanny business acumen rooted in an ethical and humanitarian approach. He led the Rosy Blue group with amazing focus, impeccable integrity and outstanding leadership. Arunbhai also played a prominent role in steering the Indian diamond industry through these exciting times. At a personal level, his immense contribution lay in training and guiding many of the country’s successful diamantaires, and remained a mentor for many of the next generation. Many of them also recall how he would easily analyse the most complex of issues and offer practical advice and suggestion on how to overcome problems. Arunbhai selflessly dedicated efforts to the growth and sustenance of the industry through his involvement in numerous trade organisations. He actively participated in a range of charitable organizations, adding immense value through his guidance and leadership. He was a leader sans comparison: his effective, nurturing style successfully unlocked people’s potential and even enthusiasm. He was associated with several organisations in the field of education, healthcare and religion. I had the privilege of working very closely with him. I worked closely with him particularly in Vidyamandir Trust, Palanpur. For several years we visited Palanpur jointly in the winter and spent a lot of time with the management, staff, parents and teachers. The Vidyamandir family always keenly looked forward to his annual inspiring speech. He was a source of inspiration to all. He was a person with great clarity of thought and vision. Endowed with uncanny ability to assess problems with great simplicity, he arrived at practical and sustainable solutions. For those who knew him, he was always a phone call away: no problem or discussion was ever delayed or avoided. He would easily analyse the most complex of issues and offer practical advice and suggestion on how to overcome problems Alok Kala, Publisher, Diamond World I have known Arunbhai since 1975, it is over four decades now. I recall his charitable nature. He was a man of few words. He was known to be forthright and spoke to the point. His concentration on his work and focused attitude was always appreciated. I recall, back in the early 90s when we were working on raising funds for a Cancer hospital in Jaipur, my father wrote to him for a donation, he immediately sent a cheque of Rs five lakhs. It was quite an impressive donation back then. He was a great philanthropist and did not shirk away from any of his responsibilities. He used to be a good guide in various business matters, for which trade leaders used to consult him. He was offered many honorary positions in various associations quite often. But he chose to work behind the scenes, without any titles. His words were greatly revered by the gems and jewellery fraternity across the world. He used to be a good guide in various business matters, for which trade leaders used to consult him. He was offered many honorary positions in various associations quite often. But he chose to work behind the scenes, without any titles DiamonD WorlD | may-june 2020 | 43

In MeMorIaM<br />

Ashish K. Mehta, Partner, Kantilal Chhotalal<br />

Arunbhai was a visionary, and<br />

had anuncanny business<br />

acumen rooted in an ethical<br />

and humanitarian approach. He led the<br />

Rosy Blue group with amazing focus,<br />

impeccable integrity and outstanding<br />

leadership.<br />

Arunbhai also played a prominent<br />

role in steering the Indian diamond<br />

industry through these exciting times.<br />

At a personal level, his immense<br />

contribution lay in training and guiding<br />

many of the country’s successful<br />

diamantaires, and remained a mentor<br />

for many of the next generation. Many<br />

of them also recall how he would easily<br />

analyse the most complex of issues and<br />

offer practical advice and suggestion on<br />

how to overcome problems. Arunbhai<br />

selflessly dedicated efforts to the<br />

growth and sustenance of the industry<br />

through his involvement in numerous<br />

trade organisations.<br />

He actively participated in a range<br />

of charitable organizations, adding<br />

immense value through his guidance<br />

and leadership. He was a leader sans<br />

comparison: his effective, nurturing<br />

style successfully unlocked people’s<br />

potential and even enthusiasm. He was<br />

associated with several organisations in<br />

the field of education, healthcare and<br />

religion. I had the privilege of working<br />

very closely with him.<br />

I worked closely with him particularly<br />

in Vidyamandir Trust, Palanpur. For<br />

several years we visited Palanpur<br />

jointly in the winter and spent a lot<br />

of time with the management, staff,<br />

parents and teachers. The Vidyamandir<br />

family always keenly looked forward to<br />

his annual inspiring speech. He was a<br />

source of inspiration to all.<br />

He was a person with great clarity<br />

of thought and vision. Endowed with<br />

uncanny ability to assess problems with<br />

great simplicity, he arrived at practical<br />

and sustainable solutions. For those<br />

who knew him, he was always a phone<br />

call away: no problem or discussion<br />

was ever delayed or avoided.<br />

He would easily<br />

analyse the most<br />

complex of issues and<br />

offer practical advice<br />

and suggestion on how<br />

to overcome problems<br />

Alok Kala, Publisher, <strong>Diamond</strong> <strong>World</strong><br />

I<br />

have known Arunbhai since 1975,<br />

it is over four decades now. I recall<br />

his charitable nature. He was a<br />

man of few words. He was known to be<br />

forthright and spoke to the point. His<br />

concentration on his work and focused<br />

attitude was always appreciated. I recall,<br />

back in the early 90s when we were<br />

working on raising funds for a Cancer<br />

hospital in Jaipur, my father wrote to him<br />

for a donation, he immediately sent a<br />

cheque of Rs five lakhs. It was quite an<br />

impressive donation back then. He was<br />

a great philanthropist and did not shirk<br />

away from any of his responsibilities.<br />

He used to be a good guide in various<br />

business matters, for which trade leaders<br />

used to consult him. He was offered many<br />

honorary positions in various associations<br />

quite often. But he chose to work behind<br />

the scenes, without any titles. His words<br />

were greatly revered by the gems and<br />

jewellery fraternity across the world.<br />

He used to be a good<br />

guide in various<br />

business matters, for<br />

which trade leaders<br />

used to consult him.<br />

He was offered many<br />

honorary positions in<br />

various associations<br />

quite often. But he<br />

chose to work behind<br />

the scenes, without<br />

any titles<br />

DiamonD WorlD | may-june <strong>2020</strong> | 43

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