Mr. Sunil Kant Munjal is the Chancellor of BML Munjal University. He is playing a key role in creating this unique and transformative higher education initiative in India. He is one of the founder promoters of the Hero Group, India’s premier automotive manufacturing group that has evolved from being the world’s largest bicycle-maker to the largest two-wheeler maker.
Mr. Munjal is the Chairman of Hero Enterprise, which has interests in insurance distribution, steel-making, real estate and corporate training. He has made strategic investments in areas such as e-commerce, hospitality, and lighting solutions. He also supports start-ups that focus on digital learning, community transportation, healthcare, women empowerment and children’s education, and has invested in alternative asset management funds that takes an entrepreneurship-based approach to socio-economic challenges.
He chairs the board of the Indian Public School Society, which runs the Doon School, and the board of MEPSC, a government and industry supported skills’ initiative that seeks to create a professionally competent workforce for India.
Mr. Munjal is also President of the Dayanand Medical College and Hospital, Ludhiana, which has been ranked the number one private teaching hospital in North India by the Week magazine. His contribution to affordable health care has been recognised by the Royal Society of Medicine, London.
He sits on the boards of iconic academic institutions like the IIM Ahmedabad (IIMA), Indian School of Business (ISB), Shri Ram College of Commerce (SRCC) and University of Tokyo. He is also on the boards of DCM Shriram Consolidated, Bharti Foundation, Indian Institute of Corporate Affairs and National Teachers Training Organisation —plus the advisory boards of Coca Cola India, Indian Angels Network Fund and UK India Business Council (UKIBC).
Mr. Munjal has been president of the Confederation of Indian Industry (CII) and the All India Management Association (AIMA) and serves on key taskforces of both these bodies.
Mr. Munjal has set up the Serendipity Arts Foundation, a unique social project aimed at reviving patronage in the arts; he is also President of the Ludhiana Sanskritik Samagam, an organisation that supports performing arts across North India.
Mr. Munjal was a member of the Prime Minister’s Council on Trade & Industry that advised the Prime Minister on economic issues. In the 1990s, he was a member of the Narasimham Committee that laid the framework for banking and financial sector reforms. He was also a member of the Taskforce on Indirect Taxes (Kelkar Committee), that provided the first roadmap for simplifying India’s indirect tax system.
India Today chose Mr. Munjal as one of the “Faces of the Millennium” for business. In 2016, he won the Jehangir Ghandy Medal for Social and Industrial Peace. In the same year, he was conferred a D. Lit by SRM University, Chennai, and became a Distinguished Fellow at the Institute of Directors. In 2018, Punjab University conferred on him the Udyog Rattan Award for role in the state’s industrial development. He also received the GlobScot Award from the Scottish government in 2012 for being one of the largest employers in Scotland.