Desai suffered severe injuries trying to ward off street dogs that attacked him on October 15, reported Ahmedabad Mirror.
A security guard outside his residence alerted his family members about the incident after which he was rushed to Shelby Hospital.
After a day of observation at Shelby Hospital, Desai was transferred to Zydus Hospital for a surgical procedure.
However, he succumbed to brain haemorrhage during the course of treatment on Sunday.
Gujarat Congress chief and Rajya Sabha member Shaktisinh Gohil condoled Desai's demise in a social media post.
Desai was the son of Rasesh Desai, Managing Director of the Wagh Bakri Tea Group. He is survived by his wife Vidisha and daughter Parisha.
According to Exchange4Media, Desai, with over 30 years of entrepreneurship experience, spearheaded International Business, Sales and Marketing of the Group.
He actively participated in leading industry platforms like the Confederation of Indian Industry (CII) and was a respected voice of the industry.