Suman Munjal is the son of the past due Brijmohan Lall Munjal, guy at the back of Hero Group, who handed away in 2015 at the age of ninety . He serves as a non-authorities director on the board of the Hero MotoCorp, the own family’s maximum influential asset and the arena’s biggest two-wheeler producer, that is led through his more youthful brother Pawan Munjal.
Suman is the chairman of Rockman Industries, which gives Hero MotoCorp with aluminum die castings. In 1995, he set up Rockman’s automobile components section and began generating motorcycle chains. According to Forbes, Munjal has a stunning net worth of $1.2 billion, or round Rs. 9918 crore. He is one of the pinnacle enterprise executives within the problem.
Who is Suman Munjal?
Rockman Industries Ltd., a renowned producer of automobile additives, is headed by way of the use of Suman Munjal. Rockman, a subsidiary of the well-known Hero Group, is a maker of car chains and aluminum die-casting parts with 5 production facilities.
Mr. Munjal, a Punjab University graduate with a diploma in trade, has performed a critical characteristic in elevating Rockman Industries Ltd. To the vicinity of a prime pressure within the die-casting area. In 1975, Mr. Munjal began working for Rockman Cycle Industries Limited, and in 1983, he changed into appointed the organisation’s CEO.
Under his direction and management, Rockman Industries rose to grow to be the arena’s pinnacle manufacturer of bicycle hubs and chains. In 1995, Mr. Munjal started out Rockman’s vehicle Components Division with the resource of manufacturing bike chains. In 2000, he multiplied his commercial enterprise into the producing of die-strong aluminum vehicle components. The organization has elevated significantly under his route.
Other organization businesses that Mr. Suman Kant Munjal is on the board of directors for embody Hero Moto Corp (a publicly traded enterprise), Hero Corporate Services, Hero Steels Limited, Hero Future Energies, and BML Educorp (the Hero Group’s non-income university software).
Mr. Munjal serves because the Chairman of the Hero Group’s modern day task, Hero Electronix, in addition to Tessolve Semiconductor Pvt. Ltd. And Mybox Technologies Private Limited, all of which may be subsidiaries. Mr. Munjal is a exceptional person who’s recognized for treating his Rockman group like own family.
He actively helps severa humanitarian reasons and participates in quite a few charitable and cultural activities. India is one of the number one -wheeler markets within the international, and Pawan Munjal, Chairman and CEO of Hero MotoCorp, is one name that has contributed substantially to the boom of this. The international’s biggest manufacturer of motorcycles and scooters is Hero MotoCorp, it truly is run through Pawan Munjal.