FinancialsAug 08, 2025
Brilliant Earth’s Q2 Sales Up 3% as Engagement Ring Sales RiseThe company raised its full-year sales guidance while noting it has not yet assessed the potential impact of the latest tariff news.
SourcingJun 16, 2020
Arun Mehta, Co-Founder of Rosy Blue, Dies at 80
Diamond businesses in Surat and Mumbai closed today in honor of Mehta, the “doyen of the Indian diamond industry.”
Mumbai—Arun R. Mehta, one of the founders of global diamond giant Rosy Blue, died Sunday in Mumbai.
He was 80.
In 1969, the company became a Diamond Trading Co. (DTC) sightholder and, over the decades, grew into a global force in the diamond industry. The company changed its name to the Rosy Blue Group in 2000.
Today, Rosy Blue has offices in a dozen countries worldwide.
Still a De Beers sightholder as well as a client of Alrosa, it trades in both rough and polished diamonds, and manufactures polished diamonds and finished jewelry.
In 2018, Rosy Blue purchased a minority stake in Ramat Gan-based diamond manufacturer Leo Schachter.
Outside of the family business, Mehta was an active member of the industry.
He was a founding member of the Bharat Diamond Bourse, and served on the bourse’s committee and as its chairman.
He also was associated with the Bombay (now Mumbai) Diamond Merchants Association and was a member of the Gem & Jewellery Export Promotion Council’s Working Committee.
In a statement issued Monday, the GJPEC called Mehta the “doyen of the Indian diamond industry,” praising his integrity and ethics as well as his willingness to mentor other Indian diamantaires.
“His approach was practical, simple and effective, leading him to be one of the most sought-after advisors and problem-solvers, be it for personal or professional issues, and it is testament to his immense humility that he never declined to support someone who sought his counsel.”
Diamond businesses in Surat and Mumbai were closed today (June 16) in Mehta’s honor, the GJEPC said.
Outside of the diamond industry, Mehta was involved with many charities in India including the GJEPC’s Gem & Jewellery National Relief Foundation.
One of his granddaughters, Shloka Mehta Ambani, director of the Rosy Blue Foundation, said of her grandfather: “My dada actively served on the board of several trusts and projects … and always went deeper and met the beneficiaries, got involved with the organization and its processes.”
Mehta is survived by his wife, Rajanika; son Russell (wife Mona), who runs Rosy Blue India; daughters Amita Samir Mehta (husband Samir) and Alpa Nishit Kothari (husband Nishit); brothers Dilip and Harshad; and numerous grandchildren and great-grandchildren.
Editors' Picks
Sponsored by
The family asks there be no visitors due to the ongoing lockdown in India. Condolences may be sent via email to condolences@rosyblue.com.
More on Sourcing
The Latest
Events & AwardsAug 08, 2025
GJEPC’s Jewellers for Hope Celebrates 10 Years of FundraisingThe organization has raised more than $1.3 million for charity since its inception.
TrendsAug 08, 2025
Piece of the Week: Rahaminov Diamonds’ Bezel BangleThe brand’s latest iteration of a bezel-set diamond bangle features clean lines and a timeless design for a new modern silhouette.
Brought to you by
Taking the Moment Head On: How Rio Grande Champions the Present & Future of Fine JewelryAs a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.
WatchesAug 07, 2025
Bulova’s New Collection Honors Tony BennettThe first watch in the series commemorates his participation in the Civil Rights movement, marching from Selma to Montgomery in 1965.
Weekly QuizAug 08, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Lab-GrownAug 07, 2025
Chatham Releases Catalog for Loose Lab-Grown GemstonesThe catalog contains a complete listing of all the loose gemstones in stock, as well as information about the properties of each stone.
TechnologyAug 07, 2025
Rembrandt Charms Debuts New Website, Bird CharmsThe company added a retailer dashboard to its site and three new birds to its charm collection, the cardinal, blue jay, and hummingbird.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
Policies & IssuesAug 06, 2025
Tariff on India to Rise to 50%, Trump Says An additional 25 percent tariff has been added to the previously announced 25 percent.
MajorsAug 06, 2025
Claire’s Files for Chapter 11 Bankruptcy AgainThe jewelry and accessories retailer plans to close 18 stores as part of the proceedings.
IndependentsAug 06, 2025
Smith & Son Jewelers to Close 107-Year-Old Location Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.
CollectionsAug 06, 2025
Zahn-Z Swims With Whales in ‘Beluga’ CollectionDesigner Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.
TrendsAug 06, 2025
Paola De Luca to Release Trendbook 2027+She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.
CrimeAug 05, 2025
Report: Suspect Arrested in 1992 Murder of Miami JewelerOmar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.
CollectionsAug 05, 2025
Mignon Faget Commemorates 20th Anniversary of Hurricane KatrinaThe New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.
ColumnistsAug 05, 2025
The PR Adviser: Affiliate Marketing Is the Cost of CoverageLilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.
Events & AwardsAug 05, 2025
JA Announces Seymour & Evelyn Holtzman Bench Scholarship WinnersThe organization has awarded a total of $42,000 through its scholarship programs this year.
Events & AwardsAug 04, 2025
Gem Awards, David Yurman Introduce $50K Grant for Emerging DesignersThe winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.
TrendsAug 04, 2025
Amanda’s Style File: August’s Bright BaublesAs summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.
CrimeAug 04, 2025
‘The Watch King’ Assaulted, Robbed in QueensMoshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.
MajorsAug 04, 2025
Borsheims Welcomes New Assistant Facilities ManagerXavier Dibbrell brings more than a decade of experience to the role.
MajorsAug 01, 2025
Helzberg President Julie Yoakum Moves Over to Signet JewelersThe addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.
MajorsAug 01, 2025
Jewelers Mutual Names Mike Alexander as President The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
CollectionsAug 01, 2025
Piece of the Week: Hernsdorf’s ‘Tears of Aphrodite’ NecklaceThe necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.
Events & AwardsJul 31, 2025
These Are the 2025 CASE Award WinnersJewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.
IndependentsJul 31, 2025
Matthew Tratner Takes Over as CBG President Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.
Policies & IssuesJul 30, 2025
Tariff on India Will Be 25%, Trump Says The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.
