Hero Group founder Brijmohan Lall Munjal died
He was considered as the doyen of Indian two-wheeler industry.
Hero Group founder Brijmohan Lall Munjal died on 1 November 2015 in New Delhi. He was 92 and survived by three sons and one daughter.
He was considered as the doyen of Indian two-wheeler industry and at the time of his death, he was the Chairman Emeritus of Hero MotoCorp.
Achievements of Brijmohan Lall Munjal
• He started the Hero Group, which officially came into existence in 1956, along with this four brothers in the early 1940s as a bicycle-maker in Ludhiana.
• He led the Hero MotoCorp to the world’s largest two-wheeler company now for the 14th year in a row.
• He also led Hero Cycles, part of Hero Group, to become the largest manufacturer of bicycles since 1986.
• He oversaw company’s joint venture (Hero Hond) with Japan’s Honda in 1984 that went on to become the world’s single-largest motorcycle maker. The partnership ended in 2011.
• An institution-builder, Brijmohan Lall led the Hero Group to successfully venture into other areas such as auto ancillary, financial services, renewable energy, education and electronics.
For his contributions to the industry he was conferred with many awards including the Padma Bhushan in 2005 and Lifetime Achievement for the Asia Pacific Entrepreneurship in 2011.
Munjal was born in 1923 at Kamalia in present-day Pakistan and migrated to India post the partition.