SourcingJan 11, 2024
Gem Legacy Is Expanding Its Advisory Council SourcingJan 24, 2024
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.
Fourth-generation jeweler Haridas Kotahwala of Royal India USA Inc. will serve a one-year term as president of the IDCA.
New York—Haridas Kotahwala, the head of Royal India USA Inc., is the new president of the Indian Diamond & Colorstone Association (IDCA), which will celebrate its 40th anniversary this year.
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.
Related stories will be right here …
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.
More on Sourcing
The Latest
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.
MajorsDec 19, 2025
LVMH Names New Bulgari CEOLaura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.
EditorsDec 19, 2025
2025 Jewelry Superlatives: A Yearbook-Style Year in Review The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
AuctionsDec 19, 2025
Jean Schlumberger’s ‘African Cat’ Is Purr-Fection Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.
Weekly QuizDec 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsDec 18, 2025
Audemars Piguet Reclaims Historic Pocket Watch at AuctionIt purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.
Lab-GrownDec 18, 2025
Kira Jewels Debuts Custom Lab-Grown Diamond Jewelry ServiceThe lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
EditorsDec 18, 2025
Terry Chandler Looks Back on 40 Years of Opportunity, Change, and FriendsChandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.
WatchesDec 18, 2025
Bob’s Watches to Open Store in New York’s JFK AirportThe boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.
Supplier BulletinDec 18, 2025
Cell Jammers Are Targeting Your Business. Here's How to Beat ThemSponsored by Digital Monitoring Products
CrimeDec 17, 2025
Man Pleads Not Guilty to Swallowing Fabergé PendantThe special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.
EditorsDec 17, 2025
2025 Jewelry Rewind: The Best Piece of the Week PicksAssociate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.
CollectionsDec 17, 2025
Lucy Hale Stars in Jacquie Aiche’s Holiday CampaignThe “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.
GradingDec 17, 2025
SSEF Announces 2025 Scholarship WinnersTwo awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.
MajorsDec 16, 2025
Pandora’s New CEO Will Step Up EarlyBerta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.
AuctionsDec 16, 2025
Suzanne Belperron, JAR Shine in Sotheby’s First Auctions at New HQSotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.
Events & AwardsDec 16, 2025
TJS Now Accepting Scholarship Applications for 2026Winners will receive free registration and lodging for its fourth annual event in Detroit.
ColumnistsDec 16, 2025
Beyond Unboxing: Creative Reveals to Drive Reach and EngagementHere are six ideas for making more engaging content for Instagram Reels and TikTok, courtesy of Duvall O’Steen and Jen Cullen Williams.
Events & AwardsDec 16, 2025
Diamonds Do Good Names 2026 Award RecipientsThe honorees include a notable jewelry brand, an industry veteran, and an independent retailer.
CrimeDec 15, 2025
Men Receive Life Sentences in Home Invasion Murder of Jeweler Carlos Jose Hernandez and Joshua Zuazo were sentenced to life without the possibility of parole in the 2024 murder of Hussein “Sam” Murray.
Policies & IssuesDec 15, 2025
Sara Yood Named Co-Chair of RJC Standards CommitteeYood will serve alongside Eduard Stefanescu, the sustainability manager for C.Hafner, a precious metals refiner in Germany.
IndependentsDec 15, 2025
M.S. Rau to Open Store in AspenThe New Orleans jeweler is also hosting pop-up jewelry boutiques in New York City and Dallas.
AuctionsDec 12, 2025
13.54-Carat Paraíba Tourmaline Sets Records at Christie’sSet in a Tiffany & Co. necklace, it sold for $4.2 million, the highest price and price per carat paid for a Paraíba tourmaline at auction.
MajorsDec 12, 2025
David Webb Reveals Ice-Cold Holiday Window DisplayThe jeweler’s “Deep Freeze” display showcases its iconic jewelry designs frozen in a vintage icebox.
CollectionsDec 12, 2025
Piece of the Week: Oscar Heyman’s Sphene RingTake luxury gifting to new heights this holiday season with the jeweler’s showstopping 12-carat sphene ring.
Events & AwardsDec 12, 2025
IGI Jewelry Design Contest Now Accepting SubmissionsThis year's theme is “Unveiling the Depths of the Ocean.”
