Here are five points on Parag Desai:
Mr Desai was the son of Rasesh Desai, the managing director of the Wagh Bakri Tea Group. Born in 1947, Rasesh Desai, the third-generation entrepreneur, has built Wagh Bakri into India's third largest packaged tea brand.
According to company website, Parag Desai had an MBA from Long Island University USA. He headed the sales, marketing and export departments for the group.
The Wagh Bakri website also describes Mr Desai as "an expert tea taster and evaluator".
Wagh Bakri was started by Narandas Desai in 1892. Today, it has a turnover of Rs 2,000 crore.
The group has presence in Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Delhi, Andhra Pradesh, Telangana, Karnataka, Chhattisgarh, Western Uttar Pradesh, Goa, Punjab, Chandigarh, Himachal, Jammu and Kashmir, Tamil Nadu and West Bengal, and recently forayed into Bihar, Jharkhand and Odisha.
Featured Video Of The Day
Opinion: Opinion: Tackling India's Stray Dog Menace - All Bark, No Bite Wagh Bakri Director Dies After Fall, Was Reportedly Chased By Stray Dogs Devendra Fadnavis Keeps Home, Eknath Shinde Gets 3 Maharashtra Ministries GST Council Exempts Gene Therapy, Cuts Tax Rate For Rice Kernels "What Type Of...": Revanth Reddy Says Allu Arjun Waved At Fans After Stampede Himachal Woman, 20, Dies In Mohali Building Collapse, Rescue Op Underway First Grief, Then A Political Tone Over Germany's Christmas Market Attack "What Type Of...": Revanth Reddy Says Allu Arjun Waved At Fans After Stampede Track Latest News Live on NDTV.com and get news updates from India and around the world.