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.