Hyundai Motor names Tarun Garg as the primary Indian MD and CEO

Hyundai Motor India Limited (HMIL) has introduced the appointment of Tarun Garg as the subsequent Managing Director and Chief Executive Officer of the corporate, topic to approval of shareholders, efficient January 01, 2026. 

Mr. Garg turns into the primary Indian nationwide to tackle this management position inside HMIL, for the reason that firm’s institution 29 years in the past.

Currently Mr. Garg serves because the Whole-time Director & COO of HMIL. Following a easy transition, the incumbent Managing Director, Unsoo Kim, will return to a job at Hyundai Motor Company (HMC), South Korea.

“This appointment displays Hyundai’s robust confidence in India’s management capabilities and India’s rising strategic significance throughout the international automotive panorama. Mr. Garg was recognized for this place by HMC,” the corporate mentioned in an announcement.

Over the previous two years, Mr. Garg has labored carefully with international administration in preparation for this elevation.

José Muñoz, President & CEO of HMC, mentioned, “Tarun’s appointment as the primary Indian nationwide to guide HMIL is a defining second in our practically three-decade historical past. He is a transformative chief who brings a progressive imaginative and prescient mixed with deep understanding of the Indian market. Under his steerage as COO, HMIL achieved report gross sales for 3 consecutive years, record-breaking earnings and accomplished India’s largest IPO in 2024.”

“He is a people-first chief who understands that success occurs once you deal with prospects like honoured company, empower your groups and make investments for the long run. I might additionally prefer to thank Unsoo for his exhausting work and dedication in serving to lay the muse for the success HMIL enjoys at this time. We want you luck in your subsequent task,” he added.

Unsoo Kim, Managing Director, HMIL mentioned, “Having labored carefully with Tarun over time, I’ve witnessed first-hand his unwavering dedication and visionary considering, qualities which have performed a pivotal position in shaping and executing the core initiatives driving HMIL’s progress in India. I maintain the utmost confidence in Tarun’s distinctive mind and foresight, and I’m assured that beneath his stewardship, HMIL will proceed to ascend to even higher heights.”

Tarun Garg, Whole-time Director & COO, HMIL expressed, “I’m deeply honoured by the belief and confidence positioned in me by Hyundai Motor Group.”

In his new position as Managing Director and CEO of HMIL, Mr. Garg’s strategic focus will probably be on Future Strategy Focussed, Market & People Centred, Customer Orientation and additional Impetus to Make in India. Prior to HMIL, Mr. Garg had labored with Maruti Suzuki India Limited (MSIL).