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Blue Star Group's Founder Vasantlal Mehta Passes Away

Jun 19, 2012 3:45 AM   By Blue Star Group
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RAPAPORT... Vasantlal Laxmichand Mehta, the founder of the Blue Star Group and Arjav Diamonds, passed away peacefully on June 17, 2012 in Mumbai at the age of 82.

Having moved to Mumbai from Palanpur in 1947, Mehta started with humble beginnings. His career began as a diamond broker in Zaveri Bazaar. He founded Blue Star in Mumbai in 1966, and over the following decade, he brought his three sons, Akshay Mehta, Anuj Mehta and Ashit Mehta, into the business. Together they expanded the firm’s Indian and overseas operations.

The Blue Star Group continues to develop its activities through the third generation of the family. In the latter part of his life, Vasantlal Laxmichand Mehta (pictured) moved to Pondicherry in devotion of the Sri Aurobindo Ashram.

A people’s man, he has been an inspiration to not only his family and organization but also to thousands of others in the Palanpur samaj and diamond industry in India.

He was a great advocate of the Hindu Undivided Family (HUF) idea. Unity and family was most important to him. And these values extend throughout the Blue Star Group. All employees are considered members of one family, sharing bonds of mutual trust, support, responsibility and respect.

The relationships that he has built with all those in the industry and community, and the principles by which he worked and lived his life will be remembered and cherished by all.
Tags: Arjav Diamonds, Blue Star, Blue Star Group, India, Rapaport, Vasantlal Mehta
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