Om Prakash Munjal, founder of Hero Cycle Limited, passed away
Om Prakash had also recieved various awards including Udyog Rattan Award from Punjab Government, Punjab Ratna award.
The founder of Hero Cycle Om Prakash Munjal passed away on 13 August 2015 following a brief illness at the DMC Hero Heart Centre, Ludhiana. He was 87.
Om Prakash was born on 26 August 1928 in Kamalia, Punjab (then British India). Later, he shifted to Amritsar in 1944 to start a bicycle spare parts business with his three brothers and began the complete manufacturing of bicycle under brand name Hero.
Today the Hero Cycles Limited is the world’s largest integrated bicycle manufacturing company that manufactures 7.5 million cycles per year. Hero Group now has its foot print in sectors like bicycle components, automotive, automotive components, IT, services etc.
Om Prakash had also recieved various awards including Udyog Rattan Award from Punjab Government, Punjab Ratna award, The Samman Patra award towards for the contribution to exchequer of the Punjab state government and the Indira Gandhi National Unity award to recognize his social contribution.
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