Arunkumar Ramniklal Mehta (January 1940 – 14 June 2020) was an Indian businessman, and the head of the family-owned Belgian/Indian conglomerate Rosy Blue.
Arunkumar Mehta was born in Patan, Gujarat, in January 1940, the son of Ramniklalji Mehta, who was in the diamond business.
He has two brothers, Harshadbhai and Dilipbhai, and one sister. In 2008, Dilip Mehta was CEO of Rosy Blue.
In 1960, he co-founded B. Arunkumar & Co in Mumbai, with his maternal uncle Bhanuchandra Bhansali, and Ramniklal Mehta (1920–2002). In 1970, his brother Dilipbhai Mehta set up Rosy Blue in Belgium.
This company later became Rosy Blue, and is ranked in the top six diamond companies of India.
Mehta was the senior director of Rosy Blue. He was a founder member of the Diamond Exporters Association Ltd, and has been 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.
His son Russell Mehta runs Rosy Blue India.
He died on 14 June 2020 at the age of 80.
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