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Hyundai India gets 1st Indian MD/CEO in 30 years

Business

Hyundai Motor India just announced that Tarun Garg will step up as its new Managing Director and CEO starting January 1, 2026 (pending shareholder approval).
This is a big milestone—Garg will be the first Indian to lead the company in almost 30 years, taking over as current MD Unsoo Kim returns to South Korea.

'Excited to lead HMIL into its next phase'

Garg, who's been Whole-time Director and COO, has spent the last two years gearing up for this role.
He plans to focus on strategic initiatives centered around people, customer orientation, and Hyundai's 'Make in India' vision.
HMC President Jose Munoz credited Garg with driving record sales and profits.
Grateful for the trust placed in him, Garg expressed his excitement to lead HMIL into its next phase, highlighting the growing importance of Indian leadership on the global automotive stage.