Tarun Garg Appointed MD & CEO of Hyundai Motor India
ECONOMY & POLICY

Tarun Garg Appointed MD & CEO of Hyundai Motor India

Hyundai Motor India has recently announced that Mr Tarun Garg has assumed charge as Managing Director and Chief Executive Officer, marking the first time an Indian national has led the company since its inception 29 years ago. The appointment reflects Hyundai Motor Group’s growing confidence in India’s leadership depth and strategic importance in the global automotive landscape.

With over 32 years of experience in the automotive industry, Mr Garg brings strong expertise across sales, marketing, distribution, finance, product strategy and brand communication. Under his leadership, Hyundai Motor India will focus on future-ready mobility, customer-centric growth and strengthening its ‘Make in India’ agenda, supported by an investment roadmap of Rs 450 billion up to FY 2030.

The company’s strategic priorities under Mr Garg include accelerating electric and hybrid mobility, expanding connected vehicle technologies, empowering employees and dealer networks, and positioning India as a global manufacturing and export hub.

Mr Garg has played a pivotal role in shaping HMIL’s growth over the years, contributing to record sales for three consecutive years, strong profitability and the successful execution of India’s largest IPO in 2024. His people-first leadership has also driven initiatives focused on inclusion and community impact.

Company Quote: “India’s automotive industry is at an exciting inflection point, driven by innovation, sustainability and evolving customer aspirations. It is an honour to lead Hyundai Motor India at this defining moment, as we accelerate our transformation towards sustainable growth, technological leadership and unmatched customer delight.”

Hyundai Motor India has recently announced that Mr Tarun Garg has assumed charge as Managing Director and Chief Executive Officer, marking the first time an Indian national has led the company since its inception 29 years ago. The appointment reflects Hyundai Motor Group’s growing confidence in India’s leadership depth and strategic importance in the global automotive landscape. With over 32 years of experience in the automotive industry, Mr Garg brings strong expertise across sales, marketing, distribution, finance, product strategy and brand communication. Under his leadership, Hyundai Motor India will focus on future-ready mobility, customer-centric growth and strengthening its ‘Make in India’ agenda, supported by an investment roadmap of Rs 450 billion up to FY 2030. The company’s strategic priorities under Mr Garg include accelerating electric and hybrid mobility, expanding connected vehicle technologies, empowering employees and dealer networks, and positioning India as a global manufacturing and export hub. Mr Garg has played a pivotal role in shaping HMIL’s growth over the years, contributing to record sales for three consecutive years, strong profitability and the successful execution of India’s largest IPO in 2024. His people-first leadership has also driven initiatives focused on inclusion and community impact. Company Quote: “India’s automotive industry is at an exciting inflection point, driven by innovation, sustainability and evolving customer aspirations. It is an honour to lead Hyundai Motor India at this defining moment, as we accelerate our transformation towards sustainable growth, technological leadership and unmatched customer delight.”

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