IDCA Announces 2009 Award Recipients

The Indian Diamond and Colored Stone Association announced its honorees–one retailer and three individuals–for 2009.

The 2009 Retailer of the Year is the 190-store outfit, Fred Meyer Jewelers, the third largest chain in the U.S. The Pioneer Award goes to diamond industry pioneer and philanthropist, Navratan Kothari, chairman, KGK Group, whose organization maintains two DTC Sightholder companies. Finally, the Lifetime Achievement Award recipients are Vasantbhai Sanghavi, chairman, Sanghavi Exports Intl. Pvt. and Chandrakant Sanghavi, director, Sanghavi Exports–two brothers with distinct and notable ahievements; Vasantbhai, for example, grew his firm from 15 employees to more than 10,000, while Chandrakant serves as chairman of the India Diamond Institute, regional chairman of the Gems & Jewelry Exports Promotion Council, and, regional convener of the Kimberly Process Certification Scheme.

The 2009 IDCA Awards will be presented at a gala diner during JCK Las Vegas on Saturday evening, May 30, at the Venetian Hotel.  For more information, please contact IDCA at (212) 921-4488 or email