US EditionPublished • loading... • Updated
Hyundai Motor India Appoints Tarun Garg as MD and CEO, First Indian to Achieve Feat; when Will He Take Over?
Tarun Garg led Hyundai Motor India Limited to record sales and profits, marking a strategic shift as the first Indian CEO for the company since its founding.
- On January 1, 2026, Tarun Garg will assume Hyundai Motor India Limited's top role as Managing Director and Chief Executive Officer, pending shareholder approval; he currently serves as Whole-time Director & COO.
- As HMIL's COO, Garg delivered record sales, profits and led India's largest IPO in 2024, Hyundai Motor Company said, selecting him after two years working with global management and his MSIL experience.
- Becoming the first Indian national to lead HMIL, Garg marks a company milestone after 29 years, with Jos� Mu�oz and Unsoo Kim praising his vision and commitment, while Garg said he was honoured.
- Following the transition, Unsoo Kim will return to a strategic role at Hyundai Motor Company, South Korea, and HMIL thanked him for laying the foundation for the company's success.
- The appointment positions HMIL more centrally in Hyundai's global strategy, as Hyundai said it reflects strong confidence in India's leadership and Garg's collaboration with global managers prepares him for January 1, 2026.
Insights by Ground AI
14 Articles
14 Articles
Big Moves at Hyundai India: Unveils $5 billion investment plan, Tarun Garg named first Indian MD, CEO
Hyundai Motor India appointed Tarun Garg as its new CEO and MD, the first Indian to head the automaker’s India operations. Garg will take charge in January 2026, succeeding Unsoo Kim. The company also announced a $5 billion investment by FY2030 to boost R&D, product upgrades, and capacity expansion.
·Uttar Pradesh, India
Read Full Article
Hyundai Motor India appoints Tarun Garg as MD and CEO, first Indian to achieve feat; when will he take over?
Garg will take on his new role effective January 1, 2026, subject to shareholder approval. He is currently a Whole-Time Director and COO of Hyundai Motor India. The company said it plans to invest ₹450 billion ($5.07 billion) by fiscal 2030 to boost capacity and strengthen research and development
·New Delhi, India
Read Full Article
Coverage Details
Total News Sources14
Leaning Left2Leaning Right2Center2Last UpdatedBias Distribution34% Left, 33% Center, 33% Right
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left
L 34%
C 33%
R 33%
Factuality
To view factuality data please Upgrade to Premium
