Dr. Brijmohan Lall Munjal
:ਬ੍ਰਿਜਮੋਹਨ ਲਾਲ ਮੁੰਜਾਲ) is an Indian businessman and the founder of The Hero Group which owns Hero Honda
Motors in India and is one of the richest people in India.
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 Hindu
family,. After completing his formal education he worked at the Army Ordnance Factory, before moving his base to India after partition.
In 1944, when Brijmohan was 20, his family sensed partition
, So Brijmohan along with his elder brothers Dayanand Munjal, Satyanand Munjal and his younger brother Om Prakash Munjal came to India and settled in Amritsar
. The brothers initially started a business by supplying components to manufacturers of bicycles
in and around Amritsar. After the partition in 1947 the Munjal family completely shifted their base from Pakistan to Ludhiana
At that point and still today Ludhiana was an important destination for manufacturing and industry hub of bicycles and textiles
. Slowly they expanded their distribution network and by early 1950s they were supplying components of bicycles throughout India.
Hero Cycles Ltd
In 1954 Hero Cycles Ltd
moved up the value chain by making a shift from supplying to manufacturing. They started manufacturing handlebars, front forks and chains. In 1956, the Punjab... Read More