Haridas Kotahwala Returns as IDCA President
Kotahwala, who’s served as IDCA president before, is a fourth-generation jeweler who runs Royal India USA Inc.

Kotahwala, one of IDCA’s founding members, was unanimously elected to a one-year term at the IDCA’s board of directors meeting held Jan. 16.
This is the sixth time he has served as IDCA president.
Elected to serve alongside Kotahwala as vice president was Aniket Parikh of Terra Cor Diamonds, while Manoj Bhandari of RMC Gems Inc. was elected secretary, Navneet Chordia of Galaxy USA Inc. as treasurer, and Vibhor Saraf of Trillion Emerald Inc. as joint secretary.
The following members will remain as directors for 2024:
Shailesh Jhalani of Prompt Gem Importers Inc.;
Nimish Mehta of Atit Diamond Corp.;
Kailash Rawat of Rawat Gems LLC;
Anshal Shah of Suraj Impex Inc.;
Akshat Sanghavi of Dynamic Design Group; and
Jihan Vaghashiya of Star Rays NY Inc.
The new incoming directors for 2024 are Kunal Shah of Pristine Gems Inc. and Vishal Shah of Verigold Jewelry.
The IDCA’s incoming board and executive committee expressed their gratitude to Shailesh Jhalani for his service to the association as president last year.
They also thanked retiring board members Rutali Gandhi of Sagar Star Corp., who served as secretary/treasurer, and Vinit Jobanputra of Sanghvi Diamonds LLC, who was vice president.
Founded in 1984, the IDCA is a New York-based not-for-profit comprised of diamantaires, colored stone dealers and jewelry manufacturers from India whose businesses are based in the United States.
The organization’s goal is to give its members a voice and provide a platform to connect, network and share and to promote ethical business practices.
The Latest

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.


As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.





















