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Coffee with Dr Chetan Kumar Mehta -In conversation with Russell Mehta

A masterclass in authentic leadership

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In candid and insightful dialogue, Dr. Chetan Kumar Mehta CMD-Laxmi Diamonds, Bengaluru explores the multifaceted life of Russell Mehta, MD-Rosy Blue India. The discussion offers a raw look at the realities of leadership, moving beyond professional achievements to uncover the personal experiences.Success, failure, pain and triumphs – Russell Mehta told it all.

The dialogue transcended the typical corporate narrative, offering a profound exploration of leadership, resilience, and the human experience behind the professional title. Russell Mehta shared a transparent account of his journey, detailing the triumphs and the tribulations that have shaped his tenure at the helm of one of the industry’s most respected organizations.

Key Takeaways & Leadership Philosophies

 The conversation yielded several high-impact “gems” of wisdom that serve as a roadmap for both current and aspiring leaders:

  • The Power of Perspective: Russell Mehta emphasized a foundation of gratitude, noting that “Every day is a fantastic day.” He reminded us that neither prosperity nor adversity is permanent, advocating for a balanced emotional state through all business cycles.
  • Legacy & Values: Citing the foundational influence of his father, he identified honesty, integrity, and passion as the non-negotiable pillars of a sustainable business.
  • Relationship Management: In a poignant reflection on family enterprises, he noted that preserving familial bonds must take precedence over commercial interests—even if it means reassessing business alignments.

    • The Utility of Crisis: Rather than viewing challenges as setbacks, he framed them as essential for character building. Crisis serves as a rigorous training ground, preparing a leader to navigate future uncertainties with composure.
    • Strategic Detachment: He cautioned against the “fatal flaw” of over-attachment. Maintaining a degree of objectivity is critical for making rational, data-driven decisions that protect the long-term health of the organization.
    • People-Centric Excellence: In his view, “No business is bad; it is the team that makes a business good or bad.” This reinforces the idea that human capital is the ultimate differentiator in any sector.

    Strategic Advice for the Next Generation

    Russell Mehta concluded with a powerful call to action for emerging leaders, focusing on the “currency of trust”:

    • Vocation over Occupation: Cultivate genuine passion for your work; without it, obstacles become insurmountable.
    • Authenticity: Always “walk the talk.” Alignment between words and actions is the only way to build enduring credibility.
    • Adaptability: Rather than lamenting industry-specific downturns, leaders should focus on diversifying their skill sets and developing acumen across multiple sectors.
    • Trust is the single biggest currency.”

    This session was more than an interview; it was a masterclass in authentic leadership. We walk away inspired to lead with more heart, more resilience, and an unwavering commitment to integrity.

    The session ended on an emotional note: The unveiling of Heero, a book chronicling the life and values of  Arunkumar Ramniklal Mehta, founder of the Rosy Blue Group, beloved father of Russell Mehta.

    Drawn from over four decades of  Mehta’s handwritten Gujarati journals, Heero departs from the conventional business biography. It reflects on leadership shaped by restraint, ethics and long-term thinking.

    Curated over five years by  Russell Mehta, the book also highlights Arunkumar Mehta’s role as a philanthropist and an institution builder, including his contribution to the Bharat Diamond Bourse. Released through private circulation, Heero positions his life as a guide for ethical decision-making beyond business.

    Watch the entire episode on JewelBuzz YouTube channel

    By JB EXCLUSIVE

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    International News

    Bangkok Gems Surges Ahead: 73rd Edition Targets 150 Million USD in Trade Value

    Thailand’s premier trade event expands exhibition space to host over 1,300 companies, eyeing record-breaking exports following a 53% surge in industry growth.

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    The Department of International Trade Promotion (DITP), the organizer, together with the Gem and Jewelry Institute of Thailand (Public Organization) or GIT, co-organizer, along with key public and private sector partners, held a press conference to announce preparations for the 73rd Bangkok Gems and Jewelry Fair, scheduled to take place from February 22–26, 2026 at the Queen Sirikit National Convention Center (QSNCC), Bangkok. The event is expected to generate trade value exceeding 150 million USD.

    Sunanta Kangvalkulkij, Director-General of the Department of International Trade Promotion (DITP), the organizer, Chair of the press conference, stated:

    “Over the past 40 years, the Bangkok Gems and Jewelry Fair has served as a key driving force for the industry. It has played a vital role in connecting buyers and sellers from around the world, creating business opportunities and trade partnerships, enhancing the international reputation of Thai products, and continuously promoting exports.

    Today, Thailand has achieved its goal of becoming one of the world’s leading hubs for the gems and jewelry trade. Bangkok Gems has also significantly contributed to the export growth of Thailand’s gems and jewelry sector (excluding unwrought gold). During the first 11 months of 2025, after deducting re-export values, exports in this category reached 12,124 billion USD, representing a growth of over 53 percent. She added, Bangkok Gems has experienced remarkable growth in terms of exhibitor numbers, visitor attendance, and trade value. The fair is now recognized as one of the world’s four most important gems and jewelry trade fairs and is the largest global marketplace for colored gemstones. To accommodate strong demand from both Thai and international exhibitors, the organizers have expanded the exhibition area to include the Plenary Hall on Level 1, allowing the 73rd edition to host more than 200 additional booths. This further reinforces Thailand’s position as a global gems and jewelry trading hub. The event will feature more than 1,300 companies, over 2,800 booths from more than 20 countries, and is expected to attract over 45,000 visitors, generating trade value exceeding 150 million USD.”

    Boonyarit Kalayanamit, Chairman of the Board of the Gem and Jewelry Institute of Thailand (GIT), the co-organizer, stated that the Bangkok Gems is widely recognized as an international trade platform that plays a critical role in Thailand’s gems and jewelry industry. It reflects Thailand’s strong capabilities as a leading manufacturing hub for gem and jewelry, particularly in craftsmanship and expertise in colored gemstone enhancement. These strengths have earned the trust of leading global jewelry brands, which continue to choose Thailand as a production base. More than 80 percent of exhibitors at the fair are Thai manufacturers offering comprehensive OEM and ODM services, which is a key highlight of the fair.

    The co-organizer also revealed that the fair is honored to be graciously presided over at the opening ceremony by Her Royal Highness Princess Sirivannavari Nariratana Rajakanya. In addition, a special exhibition will be presented, showcasing jewelry designs created under Her Royal Highness’s vision and crafted by Thailand’s master artisans. The exhibition reflects Her Royal Highness’s commitment to continuing the royal initiatives of Her Majesty Queen Sirikit, the Queen Mother, to preserve and elevate Thailand’s handicraft heritage on the global stage. The 73rd Bangkok Gems and Jewelry Fair will be held from February 22–26, 2026 at the Queen Sirikit National Convention Center, Bangkok.

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    JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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