Business

Pankaj Munjal is now CMD of Hero Motors Group

New Delhi,July 20: Hero Motors Group, which includes flagship company Hero Cycles, today said it has elevated Pankaj Munjal as its Chairman and Managing Director (CMD).

Pankaj Munjal took over from O P Munjal, who led the Ludhiana-based company for more than 60 years, Hero Motors Group said in a statement.

O P Munjal will now be the Chairman Emeritus of the company.

The group comprises cycle major Hero Cycles, auto parts manufacturing companies Hero Motors Ltd, ZF Hero Chassis Systems and Munjal Kiriu Industries hospitality arm Munjal 

Hospitality and luxury home decor products company Oma Livings.

Pankaj Munjal had joined the group as a trainee in 1988 and was appointed as its Co-Chairman and Managing Director in December 2011.

Incorporated in 1956, Hero Cycles is the largest cycle manufacturer in the world. The company has a manufacturing capacity of 7.5 million bicycles per year, with its unit in Ludhiana (Punjab), Bihta (Bihar) and Ghaziabad (UP). 

Enerparc India commissions rooftop solar project for Bharat Fritz Werner

Bengaluru : Enerparc India, a subsidiary of global solar solution provider Enerparc AG is glad to announce the commissioning of 980 kWp solar project ...

Select CITYWALK adds Japanese luxury brand Onitsuka Tiger to its growing portfolio

New Delhi : Introducing the Japanese Luxury Footwear Brand, Onitsuka Tiger, Select CITYWALK, the most popular shopping Centre in Delhi NCR, becomes ga...

QuPlay enters the digital content space with a bang

New Delhi : QuPlay, the new Online Viewing Platform helmed by Sumit Dutt recently completed 30 Million Channel views in a period of less than two mont...

Jharkhand govt confers CMC Skills' Mega Skill Centre with 'Training Center of the Year' award

Mumbai: Mega Skill Centre of CMC Skills has received the 'Training Center of the Year' award from Jharkhand Government in recognition of their outstan...