Tarun Garg leads Hyundai Motor India
Analysis based on 7 articles · First reported Jan 01, 2026 · Last updated Jan 01, 2026
The appointment of Tarun Garg as MD & CEO of Hyundai Motor Company is expected to positively impact Hyundai Motor Company's market position, especially with his focus on EVs, hybrids, and connected mobility, backed by a ₹45,000 crore investment roadmap. This leadership change also signals Hyundai Motor Company's increased confidence in the Indian market, potentially boosting investor sentiment towards the automotive sector in India.
Tarun Garg has officially assumed charge as the Managing Director & Chief Executive Officer of Hyundai Motor Company Limited (HMIL) on January 1, 2026. This marks a historic milestone as he is the first Indian national to lead Hyundai Motor Company since its inception 29 years ago. This leadership transition underscores Hyundai Motor Group's confidence in India's leadership and the country's growing strategic importance in the global automotive landscape. Tarun Garg's vision for Hyundai Motor Company includes accelerating EVs, hybrids, and connected mobility through a ₹45,000 crore investment roadmap by FY 2030, empowering employees, strengthening dealer and supplier networks, deepening customer trust, and enhancing indigenization to position Hyundai Motor Company as an export hub for emerging markets. He succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company. Prior to this role, Tarun Garg had a distinguished career at Maruti Suzuki Limited and served as Chief Operating Officer at Hyundai Motor Company, where he contributed to record sales and profitability.
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