* Beside Hero Group, Munjal held leadership positions in many national associations such as CII, SIAM, AICMA and PHD and had served as a member of the Regional Board of Reserve Bank of India.
* He was conferred with the 'Padma Bhushan' in 2005 in recognition of his contribution in the field of trade and industry.
Munjal helped establish numerous medical, educational and infrastructure facilities. Among his notable contributions to Ludhiana are the Ludhiana Stock Exchange, the Ludhiana Aviation Club, Ludhiana Management Association and the Dayanand Medical College & Hospital, of which he was the chairman emeritus, after being its president for over three decades.
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