B M Munjal Biography

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Achievement: Hero Group President; Ernst & Young Entrepreneur of the Year Award in 2001, awarded with

BkMk Munjal (Brij Mohan Lall Munjal), Chairman of Hero Group. He is very small and a first generation entrepreneur who through hard work and perseverance is built on top began. Today, Brij Mohan Lall Munjal of Hero Group, the world's largest two-wheeler maker MAN is widely credited with its success.

BkMk Munjal visit his three brothers, Dayanand (32), Satyananda (27) and Om Prakash (16) at the age of 20 with Brij Mohanlall began in 1944 in his birthplace Kamalia moved from Pakistan to Amritsar. The brothers began to supply equipment for local bicycle business. Ludhiana after partition in 1947, the family was forced to move. Ludhiana The city already has a major center for the rental business and was an important textile center. Munjal family gradually in other parts of the country and spread his bicycle component distribution network in India has become one of the largest motorcycle parts suppliers. In 1952 one of the Munjal family moved construction supplies. They handle, front forks and Chen started building.

Twelve new industrial licenses in 1956 in Ludhiana, Punjab, the state government announced to build bicycles. Munjal brothers cashed in on this occasion. Punjab government funding of Rs 600,000 for limited capital resources to supplement their own, helped by Munjal of Hero Cycles established. Hero Cycles, a "large-scale industrial unit was registered as 7,500 units per year to produce and launch it.

Soon Hero Cycles such Raleigh, Indian cycle, and Atlas Cycle a run for their money as well as the players started to set. Hero Cycles was relatively cheap and robust and reliable. This gave customers value for their money.

In January 1984, Japan's Honda, the world's largest manufacturer of motorcycles, Hero Group in India in association with the acquired interest in the manufacture of motorcycles. An agreement was signed on April 13, 1985, the first Honda motorcycle was rolled out. Today, the company is the largest manufacturer of motorcycles in the world.

Hero Group, B.M. Munjal for their outstanding contribution to the success of the 2001 Ernst & Young Entrepreneur of the Year Award was awarded with.

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