Sunil Munjal is the second-generation owner of Hero MotorCorp, the World’s largest manufacturer of motorcycles. We ask Mr. Munjal to shed light on the challenges he and his family have faced and to share his unique perspectives on what lies ahead for family owned companies in today’s technology-driven world.

The Future of Family Business

SUNIL K. MUNJAL


In a country where the role of the family patriarch lies at the heart of its culture and where the majority of businesses are in the control of families, what could we learn from India? We ask Mr. Munjal how his family has approached equal opportunity in the face of fierce international competition, and what he believes lies ahead for family owned companies in today’s fast-moving, technology-driven world.

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Sunil K. Munjal

Chairman of Hero Enterprise


Mr. Munjal is Chairman of Hero Enterprise, which has interests in insurance distribution, steel-making and real estate. He has served as Head of CII (Confederation of Indian Industry) and also as a member of the Prime Minister’s Council on Trade & Industry and has played an important role in laying the framework for banking and financial sector reforms in India. Mr. Munjal is passionate about the preservation of India’s rich heritage. He is the founder of the Serendipity Arts Festival, now the largest art event in India. Hero Enterprise has invested in a number of early-stage ventures, social enterprises and large steady state companies.