Mumbai
₹ 14,820 /gm (-1.21%)
Pawan Kant Munjal, an esteemed Indian billionaire and a central figure in the automobile industry, presides as the Chairman, Managing Director, and CEO of Hero MotoCorp, the world's most expansive manufacturer of motorcycles and scooters. In 2017, his influential status was cemented with a ranking of #49 in India Today's 50 Most Powerful People. As the third progeny of Brijmohan Lall Munjal and Santosh Munjal, Pawan Munjal's success story is notable, with a net worth peaking at $3.4 billion as of May 2022. The business magnate has recently been in the limelight due to Enforcement Directorate (ED) raids, initiated following a Directorate of Revenue Intelligence (DRI) case, marking a significant event in his career.
October 28, 1954
71 years
Motorcycles
Automotive
India
Delhi
Brijmohan Lall Munjal and Santosh Munjal
Pawan Kant Munjal was born on 26th September 1959 in New Delhi, India. He is the third child of Brijmohan Lall Munjal and Santosh Munjal. His father was the co-founder of Hero Cycles, which later became Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters.
Pawan Munjal: Family
Pawan Kant Munjal is married to Yogita Munjal, and they have two sons, Karan Munjal and Arjun Munjal. His brother, Sunil Kant Munjal, is the Vice Chairman and Managing Director of Hero MotoCorp, while his other brother, Ravi Kant Munjal, is the Chairman of Hero Corporate Services.
Pawan Munjal: Career Highlights
Pawan Kant Munjal joined Hero Cycles in 1982 after completing his MBA from the University of Delhi. He held various positions in the company before being appointed as the Managing Director in 2001. Under his leadership, Hero MotoCorp became the world's largest manufacturer of motorcycles and scooters in 2013.
Pawan Munjal: Companies
Pawan Kant Munjal is the Chairman, Managing Director, and CEO of Hero MotoCorp. He is also the Chairman of Hero Corporate Services and a board member of several other companies, including Hero FinCorp, Hero Electric, and Rockman Industries.
Pawan Munjal: Major Achievements
Pawan Kant Munjal has led Hero MotoCorp to become a global leader in the two-wheeler industry. Under his leadership, the company has expanded its operations to over 30 countries and has a market share of over 50% in India. He has also been instrumental in the development of new technologies and products, such as the electric scooter Hero Electric.
Pawan Munjal: Awards & Achievements
Pawan Kant Munjal has received numerous awards and recognitions for his contributions to the automotive industry. Some of his notable awards include the Padma Shri award from the Government of India in 2016, the Ernst & Young Entrepreneur of the Year award in 2017, and the Business Leader of the Year award from the Economic Times in 2018.
Pawan Munjal: Personal Life & Legacy
Pawan Kant Munjal is known for his philanthropic activities and has made significant contributions to various social causes.
He is the founder of the Hero Foundation, which supports education, healthcare, and rural development initiatives. He is also a patron of the arts and has supported several cultural and sports events.
Pawan Munjal: Trivia
Pawan Kant Munjal is an avid golfer and a fan of cricket. He is also a keen traveler and has visited over 50 countries. He is a member of the World Economic Forum and the Confederation of Indian Industry (CII).
Pawan Kant Munjal was born as the third child of Brijmohan Lall Munjal and Santosh Munjal.
Pawan Kant Munjal became the Chairman, Managing Director, and CEO of Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters.
Pawan Kant Munjal was ranked #49 in India Today's 50 Most Powerful People list.
Pawan Kant Munjal's net worth was estimated at US$3.4 billion.
The Enforcement Directorate (ED) conducted raids following a case by the Directorate of Revenue Intelligence (DRI).
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