Mangaluru, July 14, 2019: Ananth Ganapathi Pai (46), Executive Director of Bharath Group of Companies has died following cardiac arrest, on Sunday, July 14, 2019 at Indore, Madhya Pradesh. He was in Indore to attend a business conference and passed away in his hotel room at night. It is learned that the local organizers of the conference alerted the hotel staff this morning when he did not answer their calls for pick up to the conference venue. The hotel staff then opened the room with a duplicate key and he was found lying dead in the room.
Ananth Pai is survived by his wife Suma, daughter Anvitha who is a pre university student, a younger brother Anand G. Pai and two sisters Roopa Nayak and Rekha Kini. He was a grandson of B. Manjunath Pai, Founder of Bharath Group.
Mortal remains of Mr. Pai will be brought to Mangalluru by flight on Monday morning (July 15) and will kept at Bharath Beedi H.O., Opp. C V Nayak Hall till 12 Noon. for the public to pay respect to the daparted soul.
Bharath Group Ananth Ganapathi Pai was born on April 6, 1973 as the eldest son of former chairman and managing director of Bharath Group B. Ganapathi Pai and Geetha Pai. He did his primary education at Chinmaya Primary School, secondary schooling at Canara High School Main, pre-university studies at St. Aloysius College, Mangalore. Subsequently he pursued BBM at SDM College of Business Management, Mangalore and acquired an MBA degree from Mangalore University specializing in International Marketing. He had also undergone a certificate programme in Entrepreneurship at Said Business School, Oxford University, UK.
He started his career in Bharath Group of Companies in 1994. He was presently serving as the Executive Director heading marketing and finance departments of Bharath Group which comprises various group companies like Bharath Beedi Works Pvt. Ltd., Bharath Auto Cars Pvt. Ltd. (Dealers for Maruti Suzuki cars), Alakananda Printers Pvt. Ltd. (Bharath Bookmark chain of bookshops), Bharath Printers and Karkala Investments Pvt. Ltd. He was the Director of Bharath Builders and Cineplex Pvt. Ltd (Bharath Big Cinemas multiplex).
He was an exceptionally gifted financial expert and took keen interest in the stock market. He guided the growth of the group companies with vision and foresight. He was incharge of Strategic Planning and Diversification of the Group, and also handled the investment portfolio. Bharath Builders was his brainchild and he has the credit of pioneering the first modern shopping mall of Mangalore, namely Bharath Mall at Bejai. It was also one of the first malls to be established in entire South India in 2006.
Ananth Pai was much loved for his soft spoken and gentle personality. He was a good communicator and orator. He had most recently delivered a prestigious presentation during the Oxford Business and Poverty Conference organized by the University of Oxford at the Sheldonian Theatre on May 29, 2019. He spoke on how the prosperity paradox can be used in India as a model to create good jobs for poor rural women.
Social Responsibility and Leadership:
Ananth Pai had inherited a generous and philanthropic streak and involved himself in charitable, social and cultural spheres. He was a trustee of B. Manjunath Pai Cultural Foundation and Manjunath Damodar Pai Charitable Trust. He was also the Vice President of Sri Bhuvanendra College Trust, Karkala and served as the Chairman of the Governing Council of the college. He was Vice President of Chinmaya High School, Mangalore. He played an active role in the organising committee during the Jeernodhara (renovation) of Sri Venkatramana Temple, Karkala. He had served as the Honorary Secretary of Kanara Chamber of Commerce and Industry, Mangalore.
During his school days, Ananth Pai was a passionate Boy Scout and was a recipient of prestigious President’s Scout Award for 1989-90from His Excellency Shri R. Venkataraman, President of India. He was good at debating and quiz too. He was an active NSS volunteer in his college days and was elected President of Student Union of SDM College of Management.
Ananth Pai was a passionate hobby radio enthusiast. He was a licenced HAM Radio operator (with call sign VU2PAI) and had earlier served as the President of Mangalore Amateur Radio Club and Member of Governing Council of the Amateur Radio Society of India. He diligently took part in all national and international HAM Radio events and had links with other HAM enthusiasts across the world. He had won the CQ Worldwide Ham Radio Contest for many years during the last 10 years.
He was a Group Study Exchange (GSE) Scholar and through Rotary International had gone as a Goodwill Ambassador to Connecticut and Massachusetts in United States of America.
He was an avid collector and boasted of one of the largest collection of stamps, coins and currency notes in this region. His other hobbies in included Indian and Western music, auto rallying, trekking and travel. He had attended workshops in disaster management, equity analysis and research.