Billionaire Profile
Suman Munjal
Global Rank
#2291

Image: w:Bureau of Indian Standards | EdictGov-India | via Wikimedia Commons

Suman Munjal

CEO, Motorcycles
INDIA
Real-Time Net Worth
$1.816B
Estimated based on Motorcycles stock value as of April 20, 2026
+0.71% (24h)
Age
73
Source
Motorcycles
Industry
Automotive
Citizenship
INDIA

Biography

Suman Munjal, a prominent figure in the Indian automotive industry, is the Chairman of Rockman Industries Ltd., a leading auto components manufacturer within the Hero Group. Born in 1953, he is the son of Brijmohan Lall Munjal, the founder of Hero Group. With a current net worth of $1.9 billion, Suman Munjal's career has been instrumental in transforming Rockman Industries into a key player in the die-casting industry. His leadership extends beyond Rockman, as he serves on the board of Hero MotoCorp, the world's largest two-wheeler manufacturer. His focus on innovation and community involvement highlights his commitment to both business and societal progress.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Suman Munjal was born in 1953. He is the son of Brijmohan Lall Munjal, the founder of the Hero Group. He graduated with a commerce degree from Punjab University.

Rise to Success

Suman Munjal began his career at Rockman Cycle Industries Limited in 1975, eventually becoming the CEO in 1983. He has been pivotal in the growth of Rockman Industries, transforming it into a leading manufacturer of automotive components, including aluminum die castings and motorcycle chains. In 1995, he established the auto components division within Rockman, focusing on motorcycle chains, and expanded into aluminum die-cast auto components in 2000. He also serves as a Director on the board of Hero MotoCorp, the world's largest two-wheeler manufacturer.

Key Business Strategies

Suman Munjal's strategies have focused on innovation, quality, and strategic partnerships. His ability to recognize market opportunities and adapt to technological advancements has been key to Rockman Industries' success. He has also played a key role in the growth of the Hero Group's presence in the automotive sector.

Philanthropy

Suman Munjal is actively involved in philanthropic and CSR activities, contributing to various social causes. He leads his Rockman employees as a family and is known for his exceptional character.

Career Milestones

1975

Joined Rockman Cycle Industries Limited

Began his career at Rockman Industries.

1983

CEO of Rockman Industries

Became the CEO of Rockman Industries.

1995

Established Auto Components Division

Set up the auto components division within Rockman Industries, manufacturing motorcycle chains.

Philanthropy & Social Impact

Social Causes

Philanthropic Activities

Undisclosed

Actively involved in philanthropic and CSR activities, contributing to many social causes.