Balasaheb Desai established Sugar factory known as Loknete Balasaheb Desai Sahakari Sakhar Karkhana in Patan. This sugar mill was started on cooperative base which help to provided stability and growth for farmers in the region. Balasaheb Desai worked closely with leading cooperative leaders in Maharashtra such as Yashwantrao Chavan, Vasantdada Patil, Gulabrao Patil and many more.
This Sahakari Sakhar Karkhana is established by Hon.Loknete Balasaheb Desai for the rural development . Number of people are getting the job in this organization since number of years. Loknete not only kept the big aim of Co-operative Organization in front of people but also he made this dream true through unity in people and utilization of their skills. Many youths got the oportunity to prove them.
His Grandson Shamburaje Desai was MLA from 2004-2009 in Patan and was elected on shivsena ticket. He is also chairman of Loknete Balasaheb Desai Sahakari Sakhar Karkhana Daulatnagar. Shambhuraje Desai was Awarded Best Legislative Member of Maharashtra Assembly in 2009. Centenary (100th) Birth Anniversary Celebration of Balasaheb Desai was celebrated in 2010 year throughout Patan and Karad Taluka and Western Maharashtra.