Early Life
Suman Munjal was born into the Munjal family, known for founding the Hero Group. He was immersed in the world of business from a young age, inspired by his father, Brijmohan Lall Munjal, the founder of the Hero Group, a dominant conglomerate in the automobile sector, particularly in manufacturing two-wheelers.
Rise to Success
Munjal's career began in 1975 at Rockman Cycle Industries Limited and he took over as CEO in 1983. He has been instrumental in transforming Rockman Industries into a leading player in the die-casting industry. Munjal serves as a non-executive director on the board of Hero MotoCorp, the family's most influential asset and the world's largest two-wheeler manufacturer.
Key Business Strategies
Munjal has played a crucial role in the expansion of Rockman Industries, particularly in the die-casting sector. He spearheaded the production of motorcycle chains in 1995 and expanded into the production of die-cast aluminum vehicle parts in 2000. He also serves as the Chairman of Hero Group’s new venture, Hero Electronix.
Philanthropy
Suman Munjal is actively involved in a variety of charitable and cultural events. He actively supports numerous humanitarian causes and participates in various charitable endeavors. He supports numerous educational initiatives, including the establishment of schools and scholarships for deserving students. By providing access to quality education, he aims to empower individuals and create opportunities for socioeconomic mobility. His efforts in healthcare have not only improved access to medical care but also enhanced the quality of life for many individuals. His philanthropic activities extend to environmental conservation as well.
