Name
Pawan Munjal
Pawan Munjal
Delhi, India
India
motorcycles
$3,000,000,000
617
#617 Billionaires 2019
#31 India's Richest 2018
Pawan Munjal, son of late Brijmohan Lall Munjal, founder of Hero Group, who died in 2015 at age 92, runs motorcycle flagship Hero MotoCorp. A former partner of Japan's Honda, Hero is the world's largest producer of 2-wheelers by volume having sold more than 85 million units to date.After parting ways with Honda 8 years ago, Pawan has led a global expansion with factories in Colombia and Bangladesh. Hero has a research unit in Jaipur city that employs 500 engineers.
Munjal's younger sibling Sunil stepped down as Hero' s joint managing director in 2016 to run his own independent businesses. His daughter Vasudha founded Choko La, a brand of premium chocolates.
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