8rljmoban 8rljmoban Lall Lall Munjal Munjal

arly Llte. arly Llte.

O Born on 10
th
September, 1923 at Kamalia, district Toba
Tek Singh in unpartitioned Punjab, British India.
O AIter completing his Iormal education he worked at the
Army Ordnance Factory, beIore moving his base to
India aIter partition.
areer. areer.
O Brijmohan along with his elder brothers Dayanand
Munjal, Satyanand Munjal and his younger brother Om
Prakash Munjal came to India and settled in Amritsar
O Initially started a business by supplying components to
manuIacturers oI bicycles in and around Amritsar.
O AIter partition, shiIted permanently to Ludhiana.
8lrtb ot Hero ycles Lto. 8lrtb ot Hero ycles Lto.
O In 1954 Hero Cycles Ltd moved up the value chain by
making a shiIt Irom supplying to manuIacturing. They
started manuIacturing handlebars, Iront Iorks and
chains.
O In 1956, the Punjab Government issued tender notices.
O Brijmohan Lall Munjal and his brothers participated in
the bid and won the contract.
O Hero Cycles was registered as a large-scale industrial
unit.
8lrtb ot Hero Honoa 8lrtb ot Hero Honoa
O In January 1984, Japan's Honda, the world's largest
manuIacturer oI motorcycles, elicited interest in
collaborating with the Hero Group to manuIacture motor
cycles in India.
O An agreement was signed and on 13 April 1985, the Iirst
Hero Honda motorbike was rolled out.
O Hero Group expanded so big that by 2002 they had sold
86 million Bikes producing 16000 motorcycles a day.
$5llt ot Hero Honoa $5llt ot Hero Honoa
O DiIIerences had been brewing Ior Iew years beIore the
split over a variety oI issues, ranging Irom Honda`s
reluctance to Iully and Ireely share technology with
Hero
O Another major irritant Ior Honda was the reIusal oI Hero
Honda to merge the company's spare parts business
with Honda`s new Iully owned subsidiary Honda Motor
India (HMI)
O Finally the split took place in mid oI 2011.
cblevements cblevements
O Awarded Businessman of the Year in 1994 by business
magazine "Business India"
O #eceived the ational Award for outstanding
contribution to the Development of Indian Small Scale
Industry in 1995.
O In 1999 Featured in ost Admired CEO List oI the
magazine "Business Barons".
O #eceived %he Distinguished Entrepreneurship
Award Irom The PHD Chamber oI Commerce and
Industry in 1997.
O avier Labour #elations Institute (L#I), ConIerred Sir
1ehangir Chandy edal for Industrial Peace in 2000.
cblevements cblevements
O Featured as Ernst and Young Entrepreneur of the
year in 2001.
O #eceived %he Lifetime Achievement award for
"anagement" Irom All India Management
Association in 2003.
O Banaras Hindu University, Varanasi conIerred him with
a Doctorate; degree oI "Doctors of letters" Honoris
Causa in October 2004.
O Awarded "Padma Bhushan"in March 2005 Ior his
contribution to Trade and Industry in 2005.
%bank You!!! %bank You!!!