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Hero

In: Business and Management

Submitted By Harshpan
Words 1999
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Brijmohan Lall Munjal (Punjabi:ਬ੍ਰਿਜਮੋਹਨ ਲਾਲ ਮੁੰਜਾਲ; 1 July 1923 – 1 November 2015) was an Indian businessman, founder and the chairman of Hero Motocorp (Hero Group). He was among the top 30 richest people in India.[
It would not be wrong to say that Brijmohan Lall Munjal, ex-chairman of HERO Group, was one of the first generation entrepreneur that India has seen. He was as well responsible for actually starting of industrial revolution in India, which was way back in 1954. Business world is familiar with the name Brijmohan Lall Munjal. The journey of starting from scratch and then building and managing an over $4-billion worth group was not an easy task even though Brijmohan Lall Munjal made it look like a smooth dream.
Early Life
Brijmohan Lall Munjal was born in 1923[2] at Kamalia, district Toba Tek Singh in unpartitioned Punjab, British India. Kamalia is now in Pakistan. He was from a simple middle-classArora/Khatri family. After completing his formal education, he worked at the Army Ordnance Factory, before moving his base to India after partition.
Munjal was born in 1923 at Kamalia (in present day Pakistan). During the partition, his family decided to shift to India and settled down in Amritsar. When the brothers decided to start a bicycle parts manufacturing business, they felt Ludhiana was a better location and moved into the city. In 1956, they decided to venture into manufacturing bicycles. Hero Cycles was launched. It was not easy as no ecosystem existed for producing cycles. Munjal and his brothers forged on building them in the process. Today, Ludhiana is called the bicycle capital of the country where every component needed for a bicycle is available in the city.
How it all began
During the partition, his family decided to shift to India and settled down in Amritsar. When the brothers decided to start a bicycle parts manufacturing business, they...

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