According to Forbes, Dr Pawan Munjal and family have "real time net worth" of $3.2 billion and as Chairman & CEO of Hero MotoCorp - the world's highest-selling two-wheeler company, the idea is not to sit on laurels, but to benchmark new domains in business.
Forward thinking Munjal made the Hero Group diversify into IT and IT-enabled services and Hero Honda emerged as the market leader with sales of over a million motorcycles. Munjal now seems to have set his eyes on achieving a similar feat in the e-mobility space. Hero MotoCorp entered the electric two-wheeler space in October with the launch of premium priced Vida brand. Vida will take the brand forward in the two wheeler e-mobility space, says Munjal.
This story is from the 15th December 2022 edition of Autocar Professional.
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This story is from the 15th December 2022 edition of Autocar Professional.
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