Hyundai Motor India Limited (HMIL) has appointed Tarun Garg as the next Managing Director and Chief Executive Officer, effective January 1, 2026. He will be the first Indian national to assume this leadership role. Garg, currently the Whole-time Director & COO, succeeds Unsoo Kim, who will return to Hyundai Motor Company (HMC) in South Korea. The appointment reflects Hyundai’s confidence in Indian leadership and its strategic importance.
Leadership Transition at Hyundai Motor India
Tarun Garg has been named the next Managing Director and Chief Executive Officer of Hyundai Motor India Limited (HMIL), effective January 1, 2026, subject to shareholder approval. This marks a significant milestone as he becomes the first Indian national to lead the company. He currently holds the position of Whole-time Director & COO.
Garg’s Background and Experience
Tarun Garg brings over 32 years of industry experience, with expertise in sales, marketing, distribution, financial management, product strategy, and brand communication. He has been instrumental in HMIL’s success, achieving record sales for three consecutive years and completing India’s largest IPO in 2024.
Succession and Future Strategy
The current Managing Director, Unsoo Kim, will be returning to Hyundai Motor Company (HMC) in South Korea. Mr. Kim expressed strong confidence in Tarun Garg’s leadership. Tarun Garg’s strategic focus will be on future strategy, market and people centered approaches, customer orientation, and further impetus to ‘Make in India’.
Source: BSE
