Facebook
Twitter
Google+
Instagram
Pinterest
Current Affairs Daily - 2015-2016
  • Home
  • Categories
    • International Affairs
    • Person in News
    • Economy
    • Sports
    • Indian Government
    • Art & Culture
    • Science & Technology
    • Social Issues
    • India & World
    • History
  • News Tags
  • Appointments

Brij Munjal, Founder of Hero Honda and Hero MotoCorp passed away

November 2, 2024Person in NewsOmkar Sawant

Brijmohan Lall Munjal, who founded Hero Honda and Hero MotoCorp, the world’s largest motorcycle maker, died after a brief illness on 1 November. He was 92.

Last June, Munjal gave up the post of executive chairman and took over as Hero MotoCorp’s chairman emeritus and non-executive director after being at the helm since the early 1980s.

Contribution of Brijmohan Lall Munjal

27 Year’s Partnership with Honda

Manufacturing motorcycles had not seemed to be a great idea three decades ago when the government reopened the foreign collaboration window. But with Honda signing up with the Firodias to manufacture scooters, Munjal settled for motorcycles only to change the rules of the game.

The partnership endured for 27 years and Hero Honda emerged as the world’s largest bike maker.

India’s top two-wheeler firm

Hero Honda overtook Bajaj Auto as India’s top two-wheeler firm. Munjal also built a loyal base of vendors and robust dealer network.

Hero has now sold over 60 million two-wheelers and grown into a Rs 28,000 crore company. It still accounts for nearly half the motorcycles sold in India and has a growing global footprint.

Background

Brijmohan Lall Munjal was born in 1923 at Kamalia, district Toba Tek Singh in unpartitioned Punjab, British India. Kamalia is now in Pakistan.

He was from a simple middle-class Arora/Khatri family.

After completing his formal education he worked at the Army Ordnance Factory, before moving his base to India after partition.

The Munjal family moved to Amritsar in 1943. Around the time of partition they shifted base to Ludhiana, where they built upon the bicycle component business that they had created in Amritsar.

World’s largest cycle maker

Subsequently, they entered the bicycle manufacturing arena to leave behind Atlas and become the world’s largest cycle maker in 1975.

Moped Business

After bicycle, the Munjal group made a success of the mopeds business with Hero Majestic.

Moving out of Punjab

When the joint venture was ready to kick off, terrorism hit Punjab. However, Munjal was reluctant to move out of Punjab. But the company did set up a plant in Dharuhera in Haryana, which rolled out the first 100 cc bike in April 1985. It was also the first time the Hero Group moved out of Ludhiana.


Munjal is survived by his wife Santosh, sons Pawan, Suman and Sunil and daughter Geeta.

Previous post 224 died as Russian jet crashed in Egypt, an IS affiliate claimed role Next post Sania Mirza-Martina Hingis won women’s doubles title of Singapore Open

Related Articles

APJ Abdul Kalam

Missile man Dr APJ Abdul Kalam passed away

July 28, 2024Omkar Sawant
Vasant Gowariker

Veteran scientist Vasant Gowariker dies following a brief illness

January 3, 2025Pritesh Taral
Sadhana

Veteran actress Sadhana Shivdasani passed away

December 27, 2024Omkar Sawant

Current Affair Calender

October 2023
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031  
« Dec    

Facebook

All copyrights are reserved at www.c4learn.com