Pawan Munjal is one of the most successful billionaires in India and is the Chairman, MD and CEO of Hero MotoCorp.

Table of contents:

• Legacy of Hero Moto Corp
• Life Story of Hero Moto Corp Founder: Pawan Munjal
• How Pawan Munjal became Maharaja of Motorcycles
• Pawan Munjal’s Net Worth | Education | Family Background

As you may be aware, Hero Moto Corp was originally established as “Hero Honda” and is now recognised as one of India’s first motorcycle manufacturers. Hero motorcycles are strikingly built to last. Low cost, high fuel economy, and high refinement are what have made the company what it is in today’s time. The company made the transition from Fill it, Shut it, Forget it to dhak-dhak go to Hum Mein Hai Hero. Throughout its history, the company has witnessed many ups and downs. In India, the company owns a fairly large market share in the two-wheeler segment. In this article, you’ll get a glimpse of India’s most successful motorcycle brand and the legend behind Hero Moto Corp’s success!

The Founder of Hero Group: Pawan Munjal

Pawan Munjal Hero Motocorp CEO: An alumnus of The Doon School and the National Institute of Technology Kurukshetra, joined Hero Honda Motors as director in the early 1980s. He was promoted to the position of Managing Director of the company in 2001 as a result of his hard work, dedication, and perseverance. He comes from an Indian family and is the son of the late Hero Group founder “Brijmohan Lall Munjal”, who died at the age of 92, and takes his father’s place in the ranks. He is 68 years old and is known worldwide as the Chairman, Managing Director, and CEO of Hero Motocorp, a former partner of Japan’s Honda and the world’s largest volume producer of two-wheelers.

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Pawan Munjal of Hero Motocorp is not the youngest billionaire. He arrived late on the list of today’s most successful billionaires, but he knows that none of his competitors, even the newer ones, are export ready. That was evident in 2017, when his name appeared in the magazine “India Today,” where he was ranked 49th on the list of India’s 50 most influential people. He is also known as one of India’s most prominent corporate leaders and a member of the World Economic Forum. “Pawan Munjal’s transformation at Hero MotoCorp made him one of the most influential men in India.

The Maharaja of motorcycle “Pawan Munjal”

Pawan Munjal of Hero Motocorp, also known as the “Maharaja of Motorcycles,” has been capable of bringing about technological and management excellence in the operations of the company over generations and is responsible for the overall organisation’s development and strategic planning. Under his leadership, the company has expanded into 40 countries and is now the world’s largest volume producer of two-wheelers, having sold over 100 million units to date. The company operates eight globally recognised manufacturing facilities. Six of these are in India, with one each in Colombia and Bangladesh.

It’s incredible to think that every second a motorcycle is sold in the country is a Hero Honda, and that someone in India buys a Splendor every 30 seconds. Pawan Munjal overcame the auto industry’s slowdown by selling over 4.4 million units in 2008, despite the market’s doom due to the global recession. Hero Honda was the first company to introduce four-stroke technology in Indian motorcycles, as well as the first to introduce fuel injection. 

The story of how the Munjal family built Hero Honda is very inspiring because they had to overcome many obstacles to become the world’s largest manufacturer of bicycles and motorcycles.

Some lesser known facts about Hero MotoCorp Chairman and Managing Director – Pawan Munjal | Net Worth | Education | Companies Founded

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