Hyundai Motor India (HMIL) announced that Tarun Garg has assumed charge as the Managing Director & Chief Executive Officer (MD & CEO), effective January 01, 2026.
This marks the first time an Indian national has led HMIL since its establishment 29 years ago.
He succeeds Unsoo Kim, who is returning to a strategic role at Hyundai Motor Company (HMC), South Korea.
Last year in October, the HMIL board approved the elevation of Garg, who was its Chief Operating Officer, as Managing Director and CEO from January 1, 2026, as part of its succession planning.
With over three decades of automotive experience, Garg brings in the right expertise to lead HMIL’s second phase of growth in India.
Under his stewardship, first as the Head of Sales, Service & Marketing and then as the Whole-time Director and Chief Operating Officer, Garg’s tenure at HMIL had shaped meaningful contributions that steadily advanced the company’s growth and direction. HMIL achieved record-breaking sales for three consecutive years, delivered highest-ever profitability and EBITDA margins and successfully executed the largest IPO in the history of Indian equity markets in 2024, while driving SUV segment leadership through a sharp focus on profitability, customer experience and digitalization.
Beyond business metrics, Garg exemplifies people-first leadership and community impact. His inclusive vision led to the launch of “Samarth by Hyundai,” fostering awareness and accessibility for people with disabilities in India. Known for humility and purpose-driven leadership, he aligns closely with Hyundai Motor Group’s global vision of Progress for Humanity.
Prior to HMIL, he built an illustrious career at Maruti Suzuki India Limited, advancing through key roles to Executive Director of Marketing, Logistics, Parts & Accessories. Academically, Garg is a Mechanical Engineer from the reputed Delhi Technological University (formerly known as Delhi College of Engineering) and holds an MBA from the premier management institute IIM Lucknow.
Tarun Garg, MD & CEO, HMIL, said, “India’s automotive industry is at an exciting inflection point, driven by innovation, sustainability and evolving customer aspirations. It is an extraordinary honour to lead Hyundai Motor India at this defining moment in our three-decade-long journey. My vision is to build on our strong foundation while accelerating HMIL’s transformation towards sustainable growth, technological leadership and unmatched customer delight. We will continue to reinforce our commitment to ‘Make in India’ and position HMIL as a global hub for exports. Aligned with Hyundai’s global vision of ‘Progress for Humanity,’ we will strengthen Hyundai’s legacy and create meaningful mobility solutions that not only empower people but also connect communities and enrich lives. The future is ours to build, and I am committed to leading HMIL with agility, conviction and purpose.”
