Events & AwardsDec 28, 2023
Shree Ramkrishna Exports Wins ‘Green’ AwardsEvents & AwardsFeb 15, 2024
IDCA Hands Out Awards in Tucson
The association also celebrated its 40th anniversary.
During AGTA GemFair Tucson, the Indian Diamond and Colorstone Association presented four awards to honorees, pictured left to right, Sam Rahmanan, Bobby Jain, Vinay Kothari, Sara Rahmanan, Ron Rahmanan, and Michael Bruder.
Tucson, Ariz.—The Indian Diamond and Colorstone Association (IDCA) hosted its annual Tucson awards ceremony and celebrated its 40th anniversary on Feb. 1 during AGTA GemFair Tucson.
IDCA founding member Haridas Kotahwala, who recently was elected president of the organization again, expressed gratitude to attendees in an address highlighting the significance of the show.
He also recognized the following honorees for their contributions to the association.
Vinay Kothari of Precious Trade Inc. won the “Business Leadership Award – Colorstone;” Bobby Jain of Fana won the award for “Designer of the Year – Fine Jewelry;” Sara Gem Corp. won the “Outstanding Achievement Award – Gemstones;” and Gübelin Gem Lab New York took home the “Excellence in Gemology” award.
Kothari expressing gratitude for the recognition and said it was a privilege to be acknowledged by IDCA.
He also extended appreciation to his family, noting their support throughout his 50 years in the business. He mentioned the business’ survival and growth, attributing it to their commitment to delivering the best products and services.
Jain applauded IDCA’s collaborations in the gemstone community and extended congratulations to the organization for its efforts. He acknowledged the contributions of all senior members in the community and said he was proud to embrace both his Indian and American heritage.
Jain emphasized the importance of collaboration over competition and expressed his excitement for the next generation’s potential.
Related stories will be right here …
IDCA founding member Haridas Kotahwala, who recently was elected president of the organization again, expressed gratitude to attendees in an address highlighting the significance of the show.
He also recognized the following honorees for their contributions to the association.
Vinay Kothari of Precious Trade Inc. won the “Business Leadership Award – Colorstone;” Bobby Jain of Fana won the award for “Designer of the Year – Fine Jewelry;” Sara Gem Corp. won the “Outstanding Achievement Award – Gemstones;” and Gübelin Gem Lab New York took home the “Excellence in Gemology” award.
Kothari expressing gratitude for the recognition and said it was a privilege to be acknowledged by IDCA.
He also extended appreciation to his family, noting their support throughout his 50 years in the business. He mentioned the business’ survival and growth, attributing it to their commitment to delivering the best products and services.
Jain applauded IDCA’s collaborations in the gemstone community and extended congratulations to the organization for its efforts. He acknowledged the contributions of all senior members in the community and said he was proud to embrace both his Indian and American heritage.
Jain emphasized the importance of collaboration over competition and expressed his excitement for the next generation’s potential.
Sara Rahmanan from Sara Gem Corp., along with her sons Ron and Sam Rahmanan, thanked IDCA for organizing the event.
They also thanked Kothari for his support while growing their business, Kotahwala and IDCA for “fostering a familial atmosphere,” and other IDCA members for their influence.
On behalf of Gübelin Gem Lab, Bruder, the head of the lab in New York, expressed gratitude to all for recognizing the lab, which is celebrating its 101st anniversary.
Bruder thanked customers for encouraging the lab’s expansion into multiple areas and said the company looks forward to continued growth and collaboration worldwide.
Finally, he said the award serves as a testament to their hard work, mission, and professionalism.
The evening ended with a note of thanks by IDCA Secretary Manoj Bhandari.
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 Events & Awards
The Latest
CollectionsJan 08, 2026
Pandora’s New ‘Bridgerton’ Jewels Celebrate Bees, Bows, and Blooms“Bridgerton” actresses Hannah Dodd and Claudia Jessie star in the brand’s “Rules to Love By” campaign.
TrendsJan 08, 2026
Stuller’s Color of the Year Is a Stark Contrast to Pantone’s WhiteThe jewelry manufacturer and supplier is going with a fiery shade it says symbolizes power and transformation.
CollectionsJan 08, 2026
Gracie Abrams To Front New Chanel Jewelry CampaignThe singer-songwriter will make her debut as the French luxury brand’s new ambassador in a campaign for its “Coco Crush” jewelry line.
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.
MajorsJan 08, 2026
Diamond Council of America Names New Board DirectorsThe nonprofit’s new president and CEO, Annie Doresca, also began her role this month.
Weekly QuizJan 08, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
ColumnistsJan 07, 2026
Peter Smith: Physical Retail—The Beginning or the End?As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
TrendsJan 07, 2026
Amanda’s Style File: Go for GarnetJanuary’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.
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.
SourcingJan 07, 2026
Diamonds Do Good Releases 2025 Impact ReportThe annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.
CrimeJan 06, 2026
2 Jewelers Arrested After TraxNYC Diamond District BrawlFootage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.
MajorsJan 06, 2026
Rio Grande Says These Are the Top Personalization Tools for 2026The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.
MajorsJan 06, 2026
Zales Tests Out A New LookThe Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”
MajorsJan 06, 2026
LeachGarner Appoints New Director of SalesLinda Coutu is rejoining the precious metals provider as its director of sales.
SourcingJan 06, 2026
AGA Announces 2026 BoardThe governing board welcomed two new members, Claire Scragg and Susan Eisen.
TrendsJan 05, 2026
Amanda’s Style File: New Year’s EditionSparkle with festive diamond jewelry as we celebrate the beginning of 2026.
IndependentsJan 05, 2026
Jeweler Ben Nighthorse Campbell Dies at 92The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.
TrendsJan 05, 2026
Pinterest 2026 Trend Report: Brooches, Bold Gold, Cool BlueIn its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.
MajorsJan 02, 2026
Marc Metrick Out as CEO of Saks Global Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Events & AwardsJan 02, 2026
Jan Mohr, Couture’s ‘North Star,’ Dies at 71Mohr had just retired in June after more than two decades as Couture’s retailer liaison.
SourcingJan 02, 2026
IDCA Elects New President, Board of DirectorsShekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.
CollectionsJan 02, 2026
Lalaounis’ 2026 Good Luck Charm Speaks to ResilienceThis year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.
EditorsDec 31, 2025
The Top 5 Stories of 2025Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.
MajorsDec 30, 2025
Becka Johnson Kibby to Lead Edge Retail AcademyAs part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.
SourcingDec 30, 2025
India Chosen as KP Chair for 2026It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.
WatchesDec 30, 2025
Bulova, Stetson Collab on Watches With Western FlairThe new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.
CollectionsDec 30, 2025
Rahaminov Diamonds Pops Up in FloridaIts residency at Yamron Jewelers will run through May 2026.
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.
