Pawan Munjal & family
Overview
- Source of Wealth
- motorcycles
- Industry
- Automotive
- Residence
- Delhi
- Marital Status
- Married
- Children
- 3
Assets
- Hero MotoCorp69,490,000 shares @ --500182-IN
Biography
Pawan Munjal, son of late Brijmohan Lall Munjal, founder of Hero Group, who died in 2015 at age 92, runs motorcycle flagship Hero MotoCorp.
A former partner of Japan's Honda, Hero is the world's largest producer of two-wheelers by volume having sold more than 100 million units to date.
After parting ways with Honda in 2011, Pawan has led a global expansion with factories in Colombia and Bangladesh.
In September, the group's renewable energy arm, Hero Future Energies, partnered with global investment firm KKR to invest $450 million in expanding capacity.
In October 2022, Hero launched Vida, its first electric scooter.
About
Munjal's younger sibling Sunil stepped down as Hero' s joint managing director in 2016 to run his own independent businesses.
His daughter Vasudha, who founded Choko La, a brand of premium chocolates, was appointed to Hero's board in April 2022.