Director of the Wagh Bakri Group Parag Desai dies at age 49.
Since last week, he has been receiving care in an Ahmedabad private hospital.
He was in an accident a while back and sustained a significant head injury.
Narandas Desai formed the Wagh Bakri Group in 1892.
Since 1990, Parag and his cousin Paras have been managing the family business.
In the USA, Raga completed his MBA at Long Island University.
He was Wagh Bakri Tea Group's executive director.
He oversaw a number of business departments, including marketing and sales.
The valuation of this company exceeds Rs 2000 crore.
The company ships around 50 million kg of tea annually.