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Indian Inc. has always had a galaxy of business families who have shaped the economy since Independence. The Ludhiana-based Munjal family (of Hero fame) would forever be considered, as being among the crème of India’s old business families, and one that has contributed significantly to the economic development of the nation. Be it giving the nation its first indigenously made bicycle or moped, the Munjals, to their credit, have been pioneering movers & shakers of India Inc., with innovation and forward thinking ingrained in their very thought process. Coming from such prestigious lineage, the task was at once, both difficult and easy for Rahul Munjal. Son of the founder of Hero Honda Motors – Raman Kant Munjal and a holder of degree in Economics, from the University of Rochester, Rahul Munjal wanted to live up to the family legacy of creating something new, away from the shadow of grandfather Brij Mohan Lal Munjal, the patriarch of Hero Group.

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Source : IIPM Editorial, 2008

An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative

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