TrendsMar 09, 2026
Jake Gyllenhaal Is Bulgari’s Latest AmbassadorBulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.
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.
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 & AwardsMar 09, 2026
TJS Announces 2026 Scholarship WinnersAwards were given to four students, one apprentice, and an emerging jeweler.
AuctionsMar 09, 2026
Joanna Carson’s Jewels Lead White-Glove SaleThe top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.
GradingMar 06, 2026
Tom Moses Leaving GIA After Nearly 50 YearsMoses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.
Weekly QuizMar 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Lab-GrownMar 06, 2026
Charles & Colvard Files for Bankruptcy, Citing Price PressuresIncreased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.
CollectionsMar 06, 2026
Zome’s ‘Solara’ Earrings Embody Celestial BeautyThe earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.
Brought to you by
DCA Enters a New Chapter in Jewelry EducationWith refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.
MajorsMar 06, 2026
Pomellato’s 2026 IWD Campaign Spotlights Economic Abuse“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.
Policies & IssuesMar 05, 2026
Tariffs to Increase to 15% This Week, Treasury Secretary Says Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.
CollectionsMar 05, 2026
Common Era Honors ‘Difficult Women’ in CollectionThe ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.
TrendsMar 05, 2026
Engagement Ring Trends 2026: What’s In, and WhyWe asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.
Events & AwardsMar 05, 2026
AGS Announces Conclave 2026 Speaker LineupThe annual event will be held in Orlando, Florida, from Sept. 14-17.
TrendsMar 05, 2026
Caitríona Balfe Fronts Only Natural Diamonds CoverThe “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.
MajorsMar 05, 2026
Registration Opens for CIBJO Centenary CongressThis year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.
MajorsMar 04, 2026
Michael M Opens First StoreBeverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”
Policies & IssuesMar 04, 2026
Luxury Brands Temporarily Shutter Middle East StoresKering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.
EditorsMar 04, 2026
Q&A: Brilliant Earth’s CEO on the New Beverly Hills StoreBeth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”
Events & AwardsMar 04, 2026
JIS Miami Spring Show to Feature New Gifts Pavilion, Pop-Up Trends TalksNearly half of buyers are prioritizing silver and fashion collections this season, organizers said.
TrendsMar 04, 2026
Spinelli Kilcollin Rides Free In Year of the Horse CampaignThe “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.
MajorsMar 04, 2026
LeachGarner Names New Brand DirectorThe precious metals provider has promoted Jennifer Ashworth to the role.
Events & AwardsMar 03, 2026
Johnny Nelson Wins David Yurman Gem Awards GrantNelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.
MajorsMar 03, 2026
Swiss Refiner Completes Acquisition of Gannon & ScottThe American precious metals refiner’s day-to-day operations remain the same post-acquisition.
TrendsMar 03, 2026
Amanda’s Style File: AquatopiaThese aquamarine jewels channel the calming energy of the March birthstone.
Events & AwardsMar 03, 2026
AGTA Adds Another New Category for SpectrumThe “Innovative Design” category and award will debut in the Spectrum division of this year’s AGTA Spectrum & Cutting Edge Awards.
EditorsMar 02, 2026
Jewelry at the Actor Awards: Reimagining Hollywood GlamourDiamond jewelry was the star of the event formerly known as the SAG Awards.
SurveysMar 02, 2026
Consumer Confidence Edges Up in FebruaryConsumers were somewhat less worried about the future, though concerns about rising prices and politics remained.
