Dr. Brijmohan Lall Munjal (founder of Hero Group) passes away

Dr. Brijmohan Lall Munjal, the founder of the Hero Group, has passed away. He was 92.

In 2005, Dr. Munjal received the Padma Bhushan award for his contribution to Trade and Industry. Under his leadership, Hero Cycles Limited has been the World’s largest manufacturer of bicycles since 1986 and figures in the Guinness Book of World Records. Hero MotoCorp (formerly Hero Honda Motors Ltd.) has been the world's largest two-wheeler manufacturer now for 14 consecutive years.

He has also led the Hero Group to venture into other areas such as auto ancillary, financial services, renewable energy, education and electronics. 

Earlier this year, Dr. Brijmohan Lall Munjal expressed his duties as the Executive Chairman of Hero MotoCorp. He continued as the Chairman Emeritus of the company and a non-executive director. His son, Mr. Pawan Munjal, is the company's chairman now.