Brijmohan Lall Munjal

$3.80 B

Ranked #452 in World

About Brijmohan Lall Munjal

Brijmohan Lall Munjal (1923-2015), a pioneering figure in India's industrial revolution, was born in Kamalia, now in Pakistan, moving to Amritsar in 1944. Starting with a bicycle parts business, Munjal founded Hero Cycles Limited in Ludhiana in 1954, which became India's largest bicycle manufacturer by 1975 and gained a Guinness World Record in 1986. Transitioning into the automotive industry, he established Hero Majestic Company, collaborated with Honda Motors of Japan in 1984, and launched the iconic CD 100 motorcycle in 1985 under Hero Honda, setting sales records. Post the Honda split, he renamed the entity Hero MotoCorp in 2011, further solidifying its market presence. Munjal, survived by his wife Santosh and their children, received accolades including the Padma Bhushan in 2005 and a posthumous Forbes India Leadership Award in 2014 for his lifetime achievements. He passed away on November 1, 2015, leaving behind a legacy of entrepreneurial success and innovation.

Born

July 01, 1923 in Kamalia, Punjab, British India

Died

November 01, 2015 (aged 92)

Source Of Wealth

Motorcycles

Industries

Automotive

Citizenship

India

Spouse

Santosh Munjal

Children

Pawan Munjal, Sunil Kant Munjal, Suman Kant Munjal, Raman Kant Munjal, Geeta Anand

Parent

Bahadur Chand Munjal (Father), Thakur Devi Munjal (Mother)

Brijmohan Lall Munjal was born on July 1, 1923, in Kamalia, undivided India (now in Pakistan). He came to Amritsar in 1944 with his brothers and started his career working in Indian Ordnance Factories.

Brijmohan Lall Munjal: Family

Brijmohan Lall Munjal was married to Santosh and had four sons (including Pawan and Sunil) and a daughter. He passed away on November 1, 2015.

Brijmohan Lall Munjal: Career Highlights

Brijmohan Lall Munjal started a bicycle parts business with his brothers in Amritsar. In 1954, he founded Hero Cycles Limited in Ludhiana. He obtained a license from the Punjab government to manufacture bicycles in 1956, and by 1975, Hero Cycles had become the largest bicycle company in India. In 1986, it entered the Guinness Book as the world's largest bicycle company.

Munjal also established Hero Majestic Company for scooters and mopeds. In 1984, he signed a deal with Honda Motors of Japan and set up a plant in Dharuhera, Haryana, for Hero Honda motorcycles. The company launched its first bike, CD 100, in 1985 and achieved significant success, selling millions of motorcycles daily.

After exiting the joint venture with Honda in 2011, the company was renamed Hero MotoCorp. Munjal paid royalties to Honda Company to use the Hero Honda brand until 2013, which also granted Hero MotoCorp access to export markets where Honda had business.

Brijmohan Lall Munjal: Companies

Hero Cycles Limited
Hero Majestic Company
Hero Honda
Hero MotoCorp

Brijmohan Lall Munjal: Major Achievements

Founded Hero Cycles Limited, which became the largest bicycle company in India.
Established Hero Honda, a joint venture with Honda Motors of Japan, which became a leading motorcycle manufacturer in India.
Renamed the company as Hero MotoCorp after exiting the joint venture with Honda and gained access to export markets.

Brijmohan Lall Munjal: Awards & Achievements

Padma Bhushan by the Government of India in 2005 for industry and trade.

Lifetime Contribution Award by All India Management Association in 2011.
Forbes India Leadership Award for Lifetime Achievement in 2014.

Brijmohan Lall Munjal: Personal Life & Legacy

Brijmohan Lall Munjal was married to Santosh and had four sons (including Pawan and Sunil) and a daughter. He passed away on November 1, 2015, leaving behind a legacy as a successful entrepreneur and industrialist who transformed the Indian bicycle and motorcycle industry.

Brijmohan Lall Munjal: Trivia

Brijmohan Lall Munjal was known for his simplicity and humility despite his immense wealth and success.
He was a philanthropist and donated generously to various charitable causes, including education and healthcare.
Munjal was also a sports enthusiast and supported several sports initiatives, including the Hero Indian Super League (ISL) football tournament.

Wealth History

Timeline

July 1, 1923

Brijmohan Lall Munjal was born in Kamalia, undivided India (now in Pakistan).

1944

Brijmohan Lall Munjal came to Amritsar with his brothers.

1954

Brijmohan Lall Munjal founded Hero Cycles Limited in Ludhiana.

1956

Brijmohan Lall Munjal obtained a license from the Punjab government to manufacture bicycles.

1975

Hero Cycles became the largest bicycle company in India.

1984

Brijmohan Lall Munjal signed a deal with Honda Motors of Japan.

1985

Hero Honda launched its first bike, CD 100.

1986

Hero Cycles entered the Guinness Book as the world's largest bicycle company.

2005

Brijmohan Lall Munjal was awarded the Padma Bhushan by the Government of India for industry and trade.

2011

Brijmohan Lall Munjal was awarded the Lifetime Contribution Award by All India Management Association.

2011

The company was renamed as Hero MotoCorp after exiting the joint venture with Honda.

2013

Hero MotoCorp stopped paying royalties to Honda Company to use the Hero Honda brand.

2014

Brijmohan Lall Munjal was awarded the Forbes India Leadership Award for Lifetime Achievement.

November 1, 2015

Brijmohan Lall Munjal passed away.

Brijmohan Lall Munjal : FAQs

What is Brijmohan Lall Munjal's net worth?

As of 2015, Brijmohan Lall Munjal's net worth was $3.80 billion.

What are Brijmohan Lall Munjal's main sources of wealth?

Brijmohan Lall Munjal's main source of income comes from Motorcycles.

In which industry does Brijmohan Lall Munjal primarily operate?

Brijmohan Lall Munjal is primarily involved in the Automotive industry.

Is Brijmohan Lall Munjal dead?

Yes, Brijmohan Lall Munjal died on November 01, 2015 (aged 92).

How many children does Brijmohan Lall Munjal have?

Brijmohan Lall Munjal has 4 children.

Who was Brijmohan Lall Munjal and what is he renowned for?

Brijmohan Lall Munjal (1923-2015) was a celebrated Indian entrepreneur, best known for founding Hero Cycles Limited, which became the world's largest bicycle manufacturer, and for establishing Hero MotoCorp, a leading motorcycle manufacturer in India.

What major achievements did Brijmohan Lall Munjal accomplish in his career?

Brijmohan Lall Munjal's major accomplishments include founding Hero Cycles and making it the largest bicycle company in India by 1975, entering the Guinness Book for it in 1986, and launching Hero Honda's first bike, CD 100, in 1985 which led to significant success in the motorcycle industry.

How did Brijmohan Lall Munjal contribute to the motorcycle industry in India?

Brijmohan Lall Munjal significantly contributed to India's motorcycle industry by establishing Hero Honda in partnership with Honda Motors of Japan in 1984, launching the CD 100 motorcycle in 1985, and leading Hero MotoCorp to become a dominant player in the motorcycle market in India.

What were some of the key milestones in Brijmohan Lall Munjal's early life and career?

Key milestones in Brijmohan Lall Munjal's life and career include his birth in Kamalia, undivided India (now in Pakistan) in 1923, relocation to Amritsar in 1944, the start of a bicycle parts business with his brothers, and the founding of Hero Cycles Limited in Ludhiana in 1954.

What honors and awards did Brijmohan Lall Munjal receive throughout his career?

Throughout his career, Brijmohan Lall Munjal received several prestigious awards and honors including the Padma Bhushan from the Government of India in 2005, the Lifetime Contribution Award by All India Management Association in 2011, and the Forbes India Leadership Award for Lifetime Achievement in 2014.