Russell Arunbhai Mehta is an Indian businessman. He is the managing director of Rosy Blue India, the Indian arm of the family-owned Belgian/Indian diamond company Rosy Blue. Russell Mehta is the son of Arunkumar Mehta, a co-founder of B. Arunkumar & Co, founded in 1960 in Mumbai, and which later became Rosy Blue. Mehta is the managing director of the Indian arm, Rosy Blue India, of the family-owned Belgian/Indian diamond company Rosy Blue. Rosy Blue is ranked in the top six diamond companies of India.