Pawan Munjal took his ancestral business to glorious heights with lots of hard work and smart efforts. At present, he serves as the chairman, Managing Director as well as CEO of Hero MotoCorp which is an esteemed company of two-wheelers started by his father Brijmohan Lal Munjal. Hero is the largest two-wheeler company all over the world. He ranked under one of the most powerful people on the 2017 list.
2. Pawan Munjal took his ancestral business to glorious
heights with lots of hard work and smart efforts. At present,
he serves as the chairman, Managing Director as well as CEO
of Hero MotoCorp which is an esteemed company of two-
wheelers started by his father Brijmohan Lal Munjal. Hero is
the largest two-wheeler company all over the world. He
ranked under one of the most powerful people on the 2017
list.
GLANCE OF PAWAN MUNJAL
3. Qualification Background
He has covered his primary studies from The Doon School.
Further, he had carried on his studies from the
National Institute of Technology Kurukshetra. He is a
mechanical engineer by profession and passion. He is also a
member of the executive board at the Indian School of
Business.
4. Great Support to Ancestral Business
Brijmohan Lal founded the Hero MotoCorp on 19 January
1984 which mainly deals in motorcycles and scooters.
Pawan’s father dreamt to develop a vehicle that would satisfy
the needs of transport for the poor class.
5. Market Entrance of Hero Majestic
Company
After this, they established another two-wheeler company
named Hero Majestic company which dealt with a Majestic
scooter. They started a joint venture with Honda. After that
Hero, Honda emerged a great status in the works of bikes.
But unfortunately, a separation was held between Hero and
Honda company. But Hero even though achieved victories.
He died on 1 November 2015 in South Delhi.
6. Personal Life
Pawan currently is a resident of Delhi. He was born Ludhiana
in the year 1956 to Brijmohan lal Munjal and mother Santosh
Munjal. Munjal belongs to Punjab as well as he spent his
childhood in his hometown Ludhiana. He was the third
child.
7. Net Worth
When Brijmohan left this world he left the company worth
40 crores behind which achieved glorious heights under the
guidance of Pawan Now, His real-time net worth is
$3.2billion or $32M. The company earns total revenue of
Rs.31,517 crore as well as have a net income of 2982 crore.
8. Awards and Honors
Munjal is listed #54 under India’s Richest in the year 2021 as
well as Billionaires #655 in the year 2021. He has received
ET Awards 2020. He is the recipient of top honors as
Business leader of the year as well as The Economic Times
award for corporate Excellence 2020.
9. Hard Work and Luck
Pawan strongly believes that a bit of luck and lots of hard
work when are put together result in magical growth or
supreme result. Thus he is a boost of inspiration to all,
inspiring that never give up on hard situations whereas always
try to become better by learning from hard times.
