20 Oct 2020
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Visionary, Leader, Philanthropist…a Real Gem-Remembering Late Shri Arunbhai Mehta
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
By: Diamond World News Service
Jul 22 2020 4:56PM
Reference: 25052  

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 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 Managing Committee of Bharat Diamond Bourse for a long period. He was also associated with the Bombay (now Mumbai) Diamond Merchants Association and a member of the Working Committee of The Gem and Jewellery Export Promotion Council for over 20 years.

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