Tarun Garg Named First Indian CEO of Hyundai Motor India
- Tarun Garg becomes first Indian MD & CEO of Hyundai Motor India
- Takes charge from Unsoo Kim starting January 1, 2026
- Known for driving record sales, profits, and India’s largest IPO
In a landmark move, Hyundai Motor India Limited (HMIL) has announced Tarun Garg as its next Managing Director and CEO, effective January 1, 2026, pending shareholder approval. Garg will be the first Indian to lead HMIL in its 29 year history.
Currently serving as Whole-time Director and COO, Garg succeeds Unsoo Kim, who will return to a leadership role at Hyundai Motor Company (HMC) in South Korea after a smooth transition.
Hyundai described Garg’s appointment as a reflection of the company’s confidence in Indian leadership and the country's growing strategic importance in the global automotive landscape. Garg has worked closely with global leadership over the past two years, preparing for this elevation.
José Muñoz, President & CEO of HMC, praised Garg as a transformative leader with deep market understanding. “Under his leadership as COO, HMIL achieved record sales, record profits, and executed India’s largest IPO in 2024”, he said. Muñoz also commended outgoing MD Unsoo Kim for laying a strong foundation during his tenure.
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Garg, expressing gratitude, said, “I am deeply honoured by the trust and confidence placed in me by Hyundai Motor Group”. He aims to focus on future strategy, customer orientation, local manufacturing, and a people-centric approach.
Before joining Hyundai, Tarun Garg held leadership roles at Maruti Suzuki India Limited.
This leadership change marks a significant milestone for HMIL as it continues to expand its footprint and strengthen its position in India’s competitive auto sector.
