Brijmohan Lall Munjal
Indian businessman
Brijmohan Lall Munjal (1 July 1923 – 1 November 2015) was an Indian entrepreneur and the founder of Hero Group.
Early life
Munjal was born on 1 July 1923 in Kamalia, undivided India, which is located in the Toba Tek Singh District of present-day Punjab, Pakistan. He came to Amritsar from Kamalia in 1944 at the age of 20 with his three brothers, Dayanand, Satyanand and Om Prakash. He started his career working in the Indian Ordnance Factories.
Merchant and industrialist
Once in Amritsar, Munjal and his brothers started a bicycle parts business. They later moved to Ludhiana, where in 1954, he founded Hero Cycles Limited and began making bicycle parts, starting with forks and then adding handles and other parts.
In 1956, the Punjab government issued a license to manufacture bicycles. His company got this license and from here his world changed. With the financial support of Rs 6 lakh from the government and its own capital, Hero Cycles forayed into bicycle manufacturing by getting the status of "Large Scale Unit". The company had an annual production capacity of 7,500 cycles at that time.
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