Arunkumar Mehta
Indian businessman (1940–2020)
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Arunkumar Ramniklal Mehta (9 January 1940 – 14 June 2020) was an Indian businessman, and head of the family-owned Belgian-Indian conglomerate Rosy Blue.
9 January 1940
Arunkumar Mehta | |
|---|---|
| Born | Arunkumar Ramniklal Mehta 9 January 1940 |
| Died | (aged 80) Mumbai, India |
| Occupation | Businessman |
| Known for | Co-founder of Rosy Blue |
| Children | Russell Mehta |
Arunkumar Mehta was born in Patan, Gujarat, Bombay Presidency, in January 1940, the son of Ramniklal Mehta, who was in the diamond business.[1] He had two brothers, Harshad and Dilip, and one sister.[1]
In 1960, he co-founded B. Arunkumar & Co. in Mumbai, with his maternal uncle Bhanuchandra Bhansali. His father, Ramniklal Mehta (1920-2002) and brother, Harshad joined the business at a later date.
This company later became Rosy Blue, and is ranked in the top five diamond companies of India.[2]
In 1973, his brother Dilip Mehta set up Rosy Blue in Belgium.
In 2008, Dilip Mehta was CEO of Rosy Blue.[2]
Arunkumar Mehta was chairman of Rosy Blue (India). He was a founder member of the Diamond Exporters Association Ltd, and its vice-president. He was a member of the managing committee of the Bharat Diamond Bourse. For 20 years he was a member of the managing committee of The Gem & Jewellery Export Promotion Council, who gave him a Lifetime Achievement Award in 2007.[1]
His son Russell Mehta runs Rosy Blue (India) Pvt. Ltd.[3]
Arunkumar Mehta died on 14 June 2020 at Sir H. N. Reliance Foundation Hospital, Girgaon, Mumbai, at the age of 80.[4][5][6]