Is Tarun Garg Set to Become the First Indian MD & CEO of Hyundai Motor India in January 2026?
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Synopsis
Hyundai Motor India Limited has announced Tarun Garg's appointment as its first Indian MD & CEO, effective January 2026. This historic decision marks a pivotal shift for the company as it aims for growth and innovation in the Indian automotive market. Garg's extensive experience positions him as a key figure in Hyundai's transformation strategy.
Key Takeaways
- Tarun Garg appointed as MD & CEO of Hyundai Motor India.
- First Indian to take on this leadership role since 1996.
- Garg has extensive experience in the automotive industry.
- Transition follows the departure of Unsoo Kim.
- Focus on innovation and growth in the Indian market.
New Delhi, Oct 15 (NationPress) Hyundai Motor India Limited (HMIL) has officially revealed that Tarun Garg will take on the role of Managing Director and Chief Executive Officer (MD & CEO), starting January 1, 2026. This marks a historic moment as Garg will become the first Indian to helm Hyundai Motor India since its inception in 1996.
The announcement arrives as the current MD, Unsoo Kim, prepares to transition back to South Korea for a strategic position at Hyundai Motor Company, effective December 31, 2025.
Until that date, Garg will hold the title of MD & CEO Designate, as per the company’s regulatory filing with the BSE.
HMIL expressed its gratitude for the valuable contributions made by Unsoo Kim during his tenure with the company.
Garg, who earned his degree in mechanical engineering from Delhi Technological University and an MBA from IIM Lucknow, boasts over thirty years of experience in the automotive sector.
Prior to his tenure at Hyundai, he was associated with Maruti Suzuki India Limited, where he occupied several pivotal leadership roles, including that of Executive Director overseeing Marketing, Logistics, Parts, and Accessories.
Hyundai has commended Garg for his profound understanding of market trends and his knack for crafting forward-thinking strategies.
During his time at HMIL, Garg has played a crucial role in enhancing the company’s market presence, boosting profitability, and spearheading new initiatives in digital marketing, rural outreach, and the pre-owned car segment.
He also significantly contributed to the rollout of Advanced Driver Assistance Systems (ADAS) across nine Hyundai models in India, while also enhancing sales quality and customer satisfaction.
Hyundai stated that Garg’s appointment aligns with its long-term transformation strategy aimed at fortifying its base in India and hastening its evolution into a smart mobility solutions provider.
In the period between April and August this year, Hyundai Motor India recorded sales of 220,233 units in the domestic market, reflecting an 11.2 percent decline year-on-year (YoY), according to data from the Society of Indian Automobile Manufacturers (SIAM).
Point of View
This appointment reflects Hyundai's commitment to local leadership in India, which is crucial for connecting with the Indian consumer. Tarun Garg's experience and vision are expected to drive Hyundai's growth and innovation in the highly competitive automotive sector. This move aligns with India's aspirations for self-reliance and sustainable development in the automotive industry.
NationPress
15/10/2025
Frequently Asked Questions
Who is Tarun Garg?
Tarun Garg is the newly appointed Managing Director and CEO of Hyundai Motor India, effective January 2026, and the first Indian to hold this position.
What was Unsoo Kim's role?
Unsoo Kim was the current Managing Director of Hyundai Motor India and will transition to a strategic role at Hyundai Motor Company in South Korea.
What experience does Garg bring?
Garg has over 30 years of experience in the automotive industry, having held significant positions at both Hyundai and Maruti Suzuki.
What initiatives has Garg led at Hyundai?
Garg has been instrumental in expanding Hyundai's market presence, enhancing profitability, and introducing advanced technologies like ADAS in India.
How have Hyundai's sales performed recently?
Between April and August 2023, Hyundai Motor India sold 220,233 units, reflecting an 11.2% decrease year-on-year.
