The
Driving Force> Chairman
Dr.Brijmohan Lall Munjal, patriarch of the US$ 3.19 billion
Hero Group was born in 1923, in what is now Pakistan. After
partition, the Munjal brothers started a small business of
manufacturing bicycle components in Ludhiana in North India
in the face of the bottlenecks of industrial infrastructure
and investments. Dr Lall led a small time manufacturer of
60 cycles a day to become a manufacturing giant, which churns
out not only over 17,000 cycles per day but is also diversified
into various domains. Undoubtedly, Dr.Lall is a first generation
business entrepreneur of the 1950s'.
Dr.Lall
has enriched the Hero Group with his vision of sound business
governance and value driven management practices. His foresight
has made the Hero Group a leader in its business. Dr Brijmohan
Lall is a role model for Indian Industry in corporate governance
and ethical and value-driven management practices. His principle-based
leadership has led the Group companies to receive the best
industrial governance and safety awards and acquire stringent
value certifications.
Dr.Lall
was amongst the first Indian industrialists to effectively
implement backward integration and he is acknowledged as the
trend setter in the area. Apart from the promotion of the
Indian industry, he is the actively involved in many national
associations such as CII, SIAM, ASSOCHAM and PHD and is a
member of the Regional Board of the Reserve Bank of India.
He is Honorary Fellow of the Indian Institute of Industrial
Engineering.
Dr.Lall
has received various accolades and awards for his immense
contribution to the Indian industry. He was adjudged Businessman
of the Year in 1994 by a leading business magazine - Business
India.
In 1995,
Dr.Lall received the National Award for outstanding contribution
to the Development of Indian Small Scale Industry. (NSIC
award - presented by the President of India)
In 1999,
the Business Baron recognized him as the "Most Admired
CEO."
The PHD
Chamber of Commerce and Industry presented him with the Distinguished
Entrepreneurship Award in 1997, in recognition of his
outstanding exemplary entrepreneurship.
Xavier
Labour Relations Institute (XLRI), a premier institution has
conferred on him the honor of Sir Jehangir Ghandy Medal
for Industrial Peace in 2000.
Ernst
and Young has recognized him as the "Entrepreneur
of the year 2001."
All India
Management Association conferred him with the Lifetime
Achievement award for "Managment"(2003)
Banaras Hindu University, Varanasi
one of the most prestigious Universities of India conferred him with a Doctrate; degree of "
Doctors of letters" Honoris Causa in October 2004
The Government Of India
honoured him with the prestigious "
Padma Bhushan"in March 2005 for his contribution to Trade and Industry
Dr.Lall
has made an unfailing commitment of his time, energy and resources
to strive for the upliftment of the communities and villages
around the Group's manufacturing units. He has encouraged
the setting up of numerous medical, educational and infrastructure
facilities. Amongst his notable contributions to his adoptive
city, Ludhiana, are the Ludhiana Stock Exchange, the Ludhiana
Aviation Club - of which he is still the president - and the
Dayanand Medical College and Hospital.
