Parag Desai Wiki, Career, Education, Family, Success

Parag Desai Wiki:- The man who started Wagh Bakri and instituted it successfully is Parag Desai. His career is a monument to the strength of loyal determination and diligent effort and a story of entrepreneurial spirit. A businessman, Parag Desai, was very famous for being the CEO of the tea company.

On October 22, 2023, the company tragically lost its crown jewel. After collapsing outside his house, Parag Desai suffered a brain hemorrhage and died. He was walking in the morning when he was savagely attacked by stray dogs. Although he was hospitalized, it was too late. Rasesh Desai, a brilliant third-generation businessman who was born in 1947, was vital in turning Wagh Bakri into the third largest packaged tea business in India.

Parag Desai Wiki

According to the company’s official site, Parag Desai has a master’s degree in business from Long Island University in the United States. He headed the sales, marketing and export division, playing a crucial role in the team. Mr. Desai was a vital member of a family with a long history in the tea business; His father, Rasesh Desai, was the managing director of Wagh Bakri Tea Group.

Ahmedabad of Gujarat was the city where Parag Desai was born and raised. Parag held positions in various fields including event management, celebrity management and public relations. She received the Mumbai Lions Club award for best public relations of the year. Parag featured in several Bollywood films including Chef (2017), Badlapur (2015), Golmaal Series, Double Dhamaal (2011), Son of Sardaar (2012), Hanuman (2005) and many more.

Parag Desai Wiki Overview

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Parag Desai Family

Rasesh Desai and his wife Nita Desai gave birth to Parag Desai. The director in charge of the business was his father, Wagh Bakri. Paras Desai, one of Parag Desai’s brothers, is the managing director of the organisation. Vidisha Desai was the wife of Parag Desai. She was born Parisha, one of the couple’s daughters.

Education of Parag Desai

At St. Xavier’s High School in Ahmedabad, Parag Desai completed his education. He proceeded to obtain his diploma from the HL College of Commerce. After completing his higher education, Parag Desai earned an MBA from Long Island University in the United States. He oversaw the group’s sales, marketing and export divisions.

The success of Wagh Bakri

Wagh Bakri, a company founded in 1892, witnessed a dramatic change under the stewardship of Parag Desai. While honoring the brand’s rich heritage and founding principles, he incorporated a contemporary business strategy. Wagh Bakri’s global reach grew thanks to his creative thinking and now the company is known not only in India but also in many other nations.

In conclusion, Parag Desai was a great businessman who established his family business with great fame. His death is also a great pain for his family and company because they lost a gem. He oversees the company’s transition into tea rooms and online shopping as one of two executive directors on the organization’s board of directors. In India, he opened more than 70 coffee shops and tea worlds.

Parag Desai Wagh Bakri Tea Net Worth

Wagh Bakri Tea Gathering is as of now one of the leading consumer goods organization. Narandas Desai came to Wagh Bakri in 1980; Today, his family runs the organization. Parag Desai joined his private company in 1990 and during his career, Wagh Bakri’s earnings crossed Rs. 1500 crores. Exact data on Parag Desai’s total assets is not available. However, according to the organization’s official website, Wagh Bakri Tea Gathering transports more than 50 million kg of tea every year and has a revenue of more than Rs. 2000 crores.

Career in Parag Desai

He has worked for several notable creation organizations including Viacom 18, Ajay Devgn Movies, T-Series, Eros Global and a few more. He joined other Hollywood creations including Knight and Day, Symbol, Rio, Alvin and the Chipmunks, Chipwrecked, Specialist Odd and Coco.

Parag Desai’s group only thought about tea when they moved to India, but they had colossal plans at the top of their priority list. Later, his grandfather opened a chai business under Wagh Bakri after getting an idea of the conditions. What’s more, today I am facing it little by little. Under the guidance of Parag Desai, Wagh Bakri has become one of India’s leading chai brands.

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Death

Parag was approved on October 22, 2023 due to mental escape at Zydus Emergency clinic, Gujarat. On October 15, 2023, some road dogs chased him while he was out for a morning walk. He tried to escape from the canines and fell, after which he suffered head injuries. He was immediately taken to the Shelby Emergency clinic after the security officer informed the family about the episode.

He was held in custody for a day and then transferred to the Zydus Clinic for a medical procedure. He was on a ventilator for seven days, but passed away on October 22, 2023. His last rituals were directed to the Thaltej crematorium. Shaktisinh Gohil, Rajya Sabha MP and Gujarat Congress chief expressed condolences on Parag’s demise and referred to X.

Facts/Curiosities

Wagh Bakri turned 100 years old in 2020. The company is famous for its logo, which is unique. It shows a tiger representing the British and a goat representing the Indians drinking tea from the same cup.
When Parag joined the company, it was valued at Rs. 100 crores. In 2023, the company had a turnover of Rs. 2,000 crores. The company also distributes more than 50 million kg of tea. It operates in 24 states of India and exports to 60 countries.
He enjoyed traveling and was very attentive to wildlife. He used to participate in many sustainability projects.
He was associated with charitable groups such as the Blind People’s Association (BPA) and Jivdaya Charitable Trust, which runs an animal hospital in Ahmedabad.

Parag Desai Wiki FAQ

Who is Parag Desai Wagh Bakri?

Parag belonged to the Desai family, who are the fourth generation members and promoters of Gujarat Tea Processors and Packers Limited, known as the Wagh Bakri brand. The company, recognized as one of India’s leading tea suppliers and exporters, was founded by Parag’s great-grandfather Narandas Desai in 1892.

How did Parag Desai fall?

Wagh Bakri Tea Group CEO Parag Desai died at a private hospital in Ahmedabad on Sunday days after suffering a head injury in a fall while chasing away stray dogs.

Who owns the Wagh Bakri family?

Desai, whose father Rasesh Desai was managing director of Wagh Bakri Tea Group, held a crucial position in the group where he oversaw sales, marketing and export departments. Being part of a family focused on the tea industry, he played a key role in the company.