The Indian diamond industry has lost an iconic figure, with the passing of Arunkumar R. Mehta, born in 1940, one of the founding fathers of the diamond trading and polishing industry in the country. Coming from humble beginnings, Arunbhai set up a small diamond polishing unit in 1960, which under his tenure would grow to become one of the biggest names in the industry, multinational diamond company Rosy Blue. Revered for his insight and leadership, Arunbhai Mehta served many positions in various Indian trade organizations. Russel Mehta, his son, currently heads the Rosy Blue Group, alongside Arunbhai's brothers Dilip and Harshad Mehta. According to Diamond World, the Indian diamond industry, currently still operating under COVID-19 restrictions, is likely to observe a day of mourning, with closed markets, on Tuesday June 16.