- By Pawan Mishra
- Thu, 16 Oct 2025 05:17 PM (IST)
- Source:JND
Hyundai Motor India New CEO: Hyundai Motor India Limited (HMIL) announced the appointment of Tarun Garg as the next Managing Director and Chief Executive Officer (CEO) of the company, effective January 01, 2026. This marks a significant milestone, as Garg becomes the first Indian within HMIL to take this leadership role since the company’s establishment.
Currently, Garg is serving as the Whole-time Director and Chief Operating Officer (COO) of HMIL. Following a smooth transition, the present Managing Director, Unsoo Kim, will return to a strategic role at Hyundai Motor Company (HMC), South Korea. This appointment reflects Hyundai’s strong confidence in India’s leadership capabilities and India’s growing strategic importance within the global automotive landscape.
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As Managing Director and CEO of HMIL, Garg’s focus will be on four key pillars – Future Strategy Focused, Market & People Centered, Customer Orientation, and further impetus to Make in India. Garg’s tenure at HMIL has been shaped by contributions that have steadily advanced the company’s growth and direction. With more than 32 years of industry experience, he led the company to its highest-ever sales for three consecutive years, delivered record-breaking profits, and achieved the highest EBITDA margin in FY24. Among his other notable contributions was his role in HMIL’s Initial Public Offering (IPO) in 2024, which marked the largest public offering in the history of the Indian equity markets.
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Upon his elevation, Mr. Tarun Garg, Whole-time Director & COO, HMIL, expressed, “I am deeply honoured by the trust and confidence placed in me by Hyundai Motor Group. India’s automotive sector is undergoing an exciting phase of transformation, and I aim to contribute to HMIL’s continued growth in this market by assuming this role. Success in this industry demands excellence across every touchpoint, from design and engineering to manufacturing, sales, and service. I am fortunate to work alongside Hyundai’s talented employees, dealer partners, and supplier partners who make it all possible. Together, we will stay focused on strengthening HMIL’s legacy of customer delight and loyalty built over the past 29 years, ensuring our journey continues to shape the future of mobility and build lasting connections in India.”