Gurugram, January 1, 2026: Hyundai Motor India Limited on Wednesday announced that Tarun Garg has officially assumed charge as Managing Director and Chief Executive Officer, marking a historic first in the company’s nearly three-decade presence in the country.
With this appointment, Garg becomes the first Indian national to head Hyundai Motor India since its inception, underlining the growing strategic importance of India within Hyundai Motor Group’s global operations.
Leadership Transition Marks New Growth Phase
Tarun Garg brings over 32 years of experience in the automotive sector, with deep expertise across sales, marketing, distribution, product strategy, financial management and brand building. His elevation comes at a time when Hyundai Motor India is entering a new phase focused on future mobility, scale and global integration.Under his leadership, the company will sharpen its focus on customer-centric innovation, sustainable mobility solutions and strengthening India’s role as a manufacturing and export hub.
Strategic Priorities Under New Leadership
The company outlined a multi-pronged growth agenda under Garg’s stewardship, anchored around long-term investments and operational transformation. Key focus areas include:- Accelerating electric vehicles, hybrid technologies and connected mobility solutions, backed by a planned investment roadmap of ₹45,000 crore through FY2030.
- Deepening engagement with employees, dealers and suppliers to reinforce execution capabilities across markets.
- Enhancing customer experience across sales, service and digital touchpoints.
- Strengthening indigenisation and positioning India as a global export base for emerging markets.
Track Record at Hyundai Motor India
Before taking over as MD and CEO, Garg served in leadership roles including Head of Sales, Service and Marketing, and later as Whole-time Director and Chief Operating Officer. During this period, Hyundai Motor India reported record sales for three consecutive years, achieved its highest-ever profitability and EBITDA margins, and completed a landmark public listing in 2024.He also played a key role in strengthening Hyundai’s position in the SUV segment, alongside advancing digitalisation and customer experience initiatives.
Industry Experience and Background
Prior to joining Hyundai, Garg spent a significant part of his career at Maruti Suzuki India Limited, where he rose to the position of Executive Director overseeing marketing, logistics, and parts and accessories operations.Academically, he holds a degree in Mechanical Engineering from Delhi Technological University and an MBA from IIM Lucknow.
About Hyundai Motor India Limited
Hyundai Motor India Limited is one of India’s leading passenger vehicle manufacturers, with a strong portfolio spanning hatchbacks, sedans and SUVs. The company operates integrated manufacturing facilities in Tamil Nadu and plays a key role in Hyundai Motor Group’s global export strategy.Source:
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