Hyundai Motor India announced that Tarun Garg has assumed charge as the company’s Managing Director and Chief Executive Officer, effective January 1, 2026, becoming the first Indian national to lead the organization since its establishment 29 years ago.

Garg succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company’s headquarters in South Korea. With over 32 years of automotive industry experience, Garg brings extensive expertise in sales, marketing, distribution, financial management, product strategy, and brand communication.

Under his leadership, HMIL will focus on four strategic pillars: accelerating future-ready mobility solutions including electric vehicles, hybrids, and connected technologies through a ₹45,000 crore investment roadmap by FY 2030; empowering people and strengthening dealer and supplier networks; deepening customer trust through seamless experiences; and enhancing indigenization to position India as a manufacturing and export hub for emerging markets.

Also Read: Harvinder Singh Banga Appointed Group Chief Digital Officer at Movers International

Prior to this appointment, Garg served as Chief Operating Officer at HMIL, during which the company recorded three consecutive years of record sales, achieved its highest-ever profitability and EBITDA margins, and executed India’s largest IPO in 2024.

Before joining Hyundai, Garg held senior positions at Maruti Suzuki India Limited, including Executive Director of Marketing, Logistics, Parts and Accessories. A mechanical engineering graduate from Delhi Technological University, he also holds an MBA from IIM Lucknow.

The appointment marks a significant milestone in HMIL’s localization strategy and reinforces its commitment to the Indian market.

Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter.

"Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!