The story of how the Munjal family built Hero Honda is very inspiring as they had to face many obstacles in making Hero Cycles and Hero Honda the largest manufacturer of bicycles and motorcycles in the world respectively. Hero Honda has emerged as the first company to introduce four stroke technologies and the first to launch the fuel injection in Indian motorcycles.
The year 2008 which spelled a doom in the market due to global recession, Munjal resiliently drove through the economic crisis and defied the auto industry's slowdown to register sales of over 4.4 million units. It is startling to know that every second a motorcycle sold in the country is a Hero Honda bike, and every 30 seconds, someone in India buying a Splendor. Under his stewardship Hero Honda, has emerged as the world's largest two-wheeler manufacturer for nine consecutive years since 2001. since Apand serves as a Director of Hero Honda Finlease Ltd. Munjal has been an Executive Director of Hero Honda Motors Ltd. He has been the Chairman of several Committees of CII. Munjal is instrumental in bringing about technological and managerial excellence in the company's operations over the years and is responsible for the growth and strategic planning of the entire Group.Ī graduate in mechanical engineering from National Institute of Technology Kurukshetra, Munjal serves as Works Executive of Majestic Auto Ltd and as a Member of Executive Board at Indian School of Business. Pawan Munjal is the Managing Director and CEO of Hero Honda Motors Ltd, the largest two-wheeler manufacturer in the world.
Popularly known as the maharaja of motorcycle, Mr.
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