Categories: AwardsCurrent Affairs

Wagh Bakri Tea Group Honored with Prestigious Generational Legacy Award

The Wagh Bakri Tea Group has received the esteemed “Generational Legacy Award for Outstanding Contribution to the Indian Economy” from Hurun India. This recognition, awarded during the inaugural Hurun India Family Business Awards, highlights the group’s substantial impact on the Indian economy and celebrates its enduring legacy in the tea industry.

Award Overview

  • Honored with the “Generational Legacy Award for Outstanding Contribution to the Indian Economy” by Hurun India.
  • Presented during the inaugural Hurun India Family Business Awards.

Recognition Significance

  • The accolade acknowledges Wagh Bakri Tea Group’s significant contributions to the Indian economy.
  • Celebrates the group’s enduring legacy in the tea industry.

Desai Family Representation

Award received by key members of the Desai family. 

  • Rasesh Desai – Managing Director
  • Paras Desai – Executive Director
  • Vidisha Parag Desai – Director
  • Priyam Parikh – Director
  • The award was presented by Anas Rahman Junaid, Founder of Hurun India, and Dr. Nitin Singh, Managing Director of Barclays Private Clients.
  • Ceremony held in Mumbai on October 24, 2024.

Impact and Growth

  • Highlights Wagh Bakri Tea Group’s growing impact on both national and international levels.
  • Solidifies its presence as a rapidly expanding national brand in India.
  • Establishes Wagh Bakri as a preferred international tea brand, with products available in over 60 countries.

Future Outlook

  • The recognition encourages further growth and innovation within the Wagh Bakri Tea Group.
  • Reinforces the group’s commitment to quality and excellence in the tea industry.

Summary/Static Details
Why in the news? The Wagh Bakri Tea Group has received the esteemed “Generational Legacy Award for Outstanding Contribution to the Indian Economy” from Hurun India
Recognition Significance Acknowledges Wagh Bakri Tea Group’s contributions to the Indian economy and celebrates its legacy in the tea industry.
Award Recipients Desai Family Representatives,

– Rasesh Desai (Managing Director)

– Paras Desai (Executive Director)

– Vidisha Parag Desai (Director)

– Priyam Parikh (Director)

Impact and Growth – Expanding presence nationally and internationally.

– Wagh Bakri products available in over 60 countries.

Shivam

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