Wagh Bakri executive director Parag Desai passed away at the age of 49. As per the information available Sunday, a week after he slipped outside his Ahmedabad home, trying to ward off street dogs that attacked him.
The news of Parag’s death was confirmed by Wagh Bakri Tea Group. Taking to Instagram the group posted “With profound grief and sorrow, we regret to inform the sad demise of our beloved Shri Parag Desai.”
Who is Parag Desai?
At the time of his death, Parag Desai used to serve as Executive Director and was 49 years old. Parag earned his MBA from Long Island University, USA. At Wagh Bakri, he used to spearhead sales, marketing, and export departments for the group.
Desai was admitted to Shelby Hospital but was later transferred to Zydus Hospital for a surgical procedure. However, he succumbed to a brain hemorrhage during the course of treatment. As per reports, a security guard outside his residence alerted his family.
Parag Desai Family
Parag Desai was survived by his wife Vidisha, daughter Parisha, and other family members. Desai is the son of Rasesh Desai, who is the managing director of Wagh Bakri Tea Group. Parag Desai also has a brother named Paras Desai, who is the executive director of the company.
Apart from his parental business, Desai was associated with welfare causes. He used to run a blind People’s Association (BPA) in Ahmedabad and Jivdaya Charitable Trust, an organization running an animal hospital in the city.
Parag Desai Net Worth 2023
Today, Wagh Bakri Tea Group is among the top companies in the FMCG sector. Wagh Bakri was founded by Narandas Desai in 1980, and today his family handles the business. It was the year 1990 when Parag Desai joined his family business, and under his leadership, Wagh Bakri’s turnover exceeded the Rs. 1500 crore mark.
The exact information regarding Parag Desai’s net worth is not available. However, as per the company’s official website, Wagh Bakri Tea Group has a turnover of over Rs. 2000 crore and over 50 million kg of tea distribution.
Parag Desai FAQs
A. Parag Desai died cause of a brain hemorrhage.
A. Wagh Bakri was founded by Narandas Desai in 1980.
A. Parag Desai was 49 years old.
A. Parag Desai was married to Vidhisa.
A. Parag Desai and Vidhisha Desai had a daughter named Parisha Desai.