Chairman, Hero Enterprise
Sunil Kant Munjal is a business promoter, an institution builder, a social entrepreneur, an angel investor, and a thought leader.
He has been joint managing director of Hero Motocorp and is currently Chairman of Hero Enterprise. Besides being an investor, Mr Munjal actively oversees higher education, healthcare & capacity building projects managed by various family trusts.
He is Founder, Serendipity Arts Foundation, a unique social project that promotes and incubates fine and performing arts; he is also President of the Ludhiana Sanskritik Samagam, an organisation that promotes performing arts across North India.
He sits on the boards of India’s iconic educational institutions including ISB, IIM (Ahmedabad) and SRCC. He also heads board that manages The Doon School, India’s premier high school. He is also a board member, DCM Shriram Consolidated, Coca Cola India Advisory Board, Bharti Foundation, and several Hero Group companies.
Has headed India’s premier industry (CII) and management bodies (AIMA). He has been a member of Prime Minister’s Council on Trade & Industry that advised former Indian Prime Minister Manmohan Singh on economic issues. He also chaired the Study Group on Skill Development, Training and Workers’ Education constituted under the Second National Commission on Labour Reforms.
He has prepared a number of socio-economic reports in the areas of skill development, vocational training, CSR and tribal development. He’d made a presentation on skills and training to the PM’s Council, and this triggered many future initiatives on skills. Likewise, his presentations on red tape to the PMO, the commerce and finance ministries activated key policy changes currently being introduced under Ease of Doing Business.
Mr Munjal was a member of the Narasimham Committee in the 1990s that laid a framework for banking and financial sector reforms in India. He has also been a member of the Taskforce on Indirect Taxes (Kelkar Committee), that provided the first concrete roadmap for simplifying India’s indirect tax system, including framework for VAT and GST. He has also been a member of the consultative groups on industry and external sector set up by the Planning Commission.