S uman Munjal is an Indian billionaire and a key member of the powerful Munjal family, which founded and controls the Hero Group, a major Indian conglomerate with primary interests in the automotive sector. He is the son of the late Brijmohan Lall Munjal, the founder of the Hero Group. The family's flagship business is Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters by volume.
While his brother, Pawan Munjal, is the chairman of Hero MotoCorp, Suman has been a key leader in the family's other business interests. He is the chairman of the board of directors of Hero FinCorp, the family's fast-growing financial services arm, which is a major provider of two-wheeler loans and other consumer finance products. The family's vast fortune is derived from their substantial stake in the publicly traded Hero MotoCorp and their ownership of the other businesses within the privately held Hero Group.
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