Early Life
Suman Munjal was born into the Munjal family, founders of the Hero Group. His father, Brijmohan Lall Munjal, established the Hero Group, which became a dominant force in the Indian automotive sector, especially in the two-wheeler market. From a young age, Suman was immersed in the world of business, witnessing firsthand his father's entrepreneurial drive and dedication to building a successful enterprise.
Rise to Success
Suman Munjal's career began with active involvement in various aspects of the Hero Group's operations. He gained extensive experience by working across different departments, which provided him with a comprehensive understanding of the company's workings. This hands-on approach was critical in shaping his management skills and strategic thinking. He earned a degree in business administration, which provided him with a strong foundation to understand the complexities of running a large enterprise. He has been instrumental in transforming Rockman Industries Ltd. into a leading player in the die-casting industry. He established the Auto Components Division for Rockman in 1995 by manufacturing motorcycle chains and further diversified into the aluminium die-casted auto components space in 2000.
Key Business Strategies
Suman Munjal has been a key figure in diversifying the Hero Group's portfolio. He recognized the importance of innovation and market trends, which led him to explore new business avenues. His leadership at Rockman Industries has been crucial in its growth. He has also served as a non-executive director on the board of Hero MotoCorp, which is run by his brother, Pawan Munjal.
Philanthropy
Suman Munjal is involved in several philanthropic and cultural activities and actively contributes to many social causes. The Hero MotoCorp has a CSR program, “Hero We Care,” which focuses on a greener, safer, and more equitable society.
