B m munjal biography of williams
Brijmohan Lall Munjal
Indian businessman
Brijmohan Lall Munjal (1 July – 1 November ) was an Indian entrepreneur and the founder of Hero Group.[1]
Early life
Munjal was born on 1 July in Kamalia, undivided India, which is located in the Toba Tek Singh District of present-day Punjab, Pakistan.
He came to Amritsar from Kamalia in at the age of 20 with his three brothers, Dayanand, Satyanand and Om Prakash.[2][3] He started his career working in the Indian Ordnance Factories.[4][5]
Merchant and industrialist
Once in Amritsar, Munjal and his brothers started a bicycle parts business.
They later moved to Ludhiana, where in , he founded Hero Cycles Limited and began making bicycle parts, starting with forks and then adding handles and other parts.[6]
In , the Punjab government issued a license to manufacture bicycles. His company got this license and from here his world changed.
With the financial support of Rs 6 lakh from the government and its own capital, Hero Cycles forayed into bicycle manufacturing by getting the status of "Large Scale Unit". The company had an annual production capacity of 7, cycles at that time. By it had become the largest bicycle company in India and in , Hero Cycles was entered in the Guinness Book as the world's largest bicycle company.[7]
Hero Honda
After the bicycle company, he opened a two-wheeler company named Hero Majestic Company.
In this, he started making Majestic scooters and mopeds.
B m munjal biography of williams Post a Comment. Hero Cycles was registered as a 'large-scale industrial unit' and it initially produced 7, units per year. Labels: B. Munjal's journey began in at the age ofIn , he signed a deal with Japan's big auto company Honda and from here his world changed again. Together with Honda, he set up a plant in Dharuhera, Haryana. On 13 April , Hero Honda's first bike CD came on the market. The Hero Group made such progress that by , million Hero Honda motorcycles had been sold and 16, motorcycles were being produced daily.[7]
Hero MotoCorp
Main article: Hero MotoCorp
In August , after exiting the joint venture with Honda Motors, the company was renamed Hero MotoCorp, and the Hero Group decided to pay royalties to Honda Company in order to use the Hero Honda brand by The Hero Group was then able to export to countries where Honda already had business and Hero-Honda joint venture had not been allowed to sell goods.[8][9]
Personal life
Brijmohan was married to Santosh and they have four sons (including Pawan and Sunil) and a daughter.[10] He died on 1 November
Awards
Brijmohan Lal Munjal was awarded the Padma Bhushan by the Government of India in in the field of industry and trade.[11] Other major honors he has received include: