Hyundai Motor India has ushered in a historic leadership transition, appointing Tarun Garg as its Managing Director and Chief Executive Officer. His tenure will officially begin on January 1, 2026, marking a significant milestone for the Korean automaker's Indian operations.
A Historic First for Hyundai's Indian Arm
This appointment is groundbreaking, as Garg will be the first Indian national to lead Hyundai's Indian subsidiary since the company started its journey in the country almost thirty years ago. His elevation is viewed as a strong endorsement from the Hyundai Motor Group in Indian managerial talent, especially when the Indian market is central to the group's global expansion and future strategy.
Garg is not a new face at Hyundai. With an impressive 32-year career in the automotive sector, he possesses extensive expertise across critical domains including sales, marketing, financial management, and product planning. His deep institutional knowledge is expected to be a major asset in his new role.
Building on a Legacy of Record Performance
Tarun Garg has been instrumental in Hyundai Motor India's recent success story. In his previous leadership positions as Head of Sales, Service, and Marketing, and later as Whole-time Director and Chief Operating Officer, the company achieved remarkable feats.
Under his guidance, Hyundai India registered its highest-ever sales for three consecutive years. The company also saw record profitability and strong EBITDA margins during this period. Furthermore, Garg played a pivotal role in the successful execution of Hyundai Motor India's Initial Public Offering (IPO) in 2024, a landmark event for the company.
Steering Towards an Ambitious, Future-Ready Roadmap
As the new MD and CEO, Garg's leadership will focus on several key strategic areas. The company aims to sharpen its emphasis on future mobility solutions, enhance customer-centric operations, and further the objectives of the 'Make in India' initiative.
Hyundai has already charted an aggressive investment plan to fuel this vision. The automaker has committed to investing Rs 45,000 crore by the financial year 2030. This massive capital infusion is targeted at accelerating the development and adoption of electric vehicles (EVs), hybrid technologies, and connected car innovations in India.
A significant portion of this investment will also go towards strengthening local manufacturing capabilities and boosting exports from India, aligning with national industrial goals.
Beyond business metrics, Tarun Garg is recognized for his people-oriented leadership style. He has been a champion for inclusive initiatives, notably spearheading programs like 'Samarth by Hyundai', which is dedicated to improving accessibility and raising awareness for people with disabilities.
His appointment signals a new era for Hyundai in India, one led by homegrown talent tasked with navigating the competitive shift towards sustainable and technologically advanced mobility.
