Tarun Garg Takes Charge as Hyundai India MD & CEO
First Indian national to head HMIL in its 29-year history
- Tarun Garg appointed MD & CEO of Hyundai Motor India from Jan 1, 2026
- First Indian to lead the company since its inception
- Brings over 32 years of automotive industry experience
- HMIL to focus on EVs, hybrids, exports and customer-centric growth
GG News Bureau
New Delhi, 2nd Jan: Hyundai Motor India Limited (HMIL) on Thursday announced the appointment of Tarun Garg as its new Managing Director and Chief Executive Officer (MD & CEO), effective January 1, 2026, marking a historic milestone as the first Indian national to lead the company in its 29-year journey.
Garg brings more than 32 years of experience in the automotive sector, covering sales, marketing, distribution, financial management, product strategy and brand communication. He most recently served as Whole-time Director and Chief Operating Officer at HMIL, after leading the company’s sales, service and marketing functions.
During his tenure, HMIL recorded three consecutive years of sales growth, achieved its highest-ever profitability and EBITDA margins, successfully executed India’s largest IPO in 2024, and strengthened its leadership in the SUV segment through a sharp focus on customer experience, digitalisation and profitability.
Before joining Hyundai, Garg was Executive Director – Marketing, Logistics, Parts & Accessories at Maruti Suzuki India Limited. He holds a Mechanical Engineering degree from Delhi Technological University and an MBA from IIM Lucknow.
Vision for HMIL
In his first statement as MD & CEO, Garg said India’s automotive sector is at a pivotal inflection point driven by innovation, sustainability and changing customer aspirations.
“It is an extraordinary honour to lead Hyundai Motor India at this defining moment in our three-decade-long journey. We will accelerate HMIL’s transformation towards sustainable growth, technological leadership and unmatched customer delight, while reinforcing our commitment to ‘Make in India’ and positioning HMIL as a global export hub,” he said.
Under his leadership, HMIL will prioritise:
- Future-ready mobility solutions including EVs, hybrids and connected vehicles through a planned ₹45,000 crore investment by FY 2030
- Empowering employees, dealers and suppliers
- Customer-centric experiences
- Enhanced indigenisation to boost exports
