Hyundai Motor India Limited (HMIL) has entered a defining chapter in its 29-year journey with the appointment of Mr. Tarun Garg as its Managing Director & Chief Executive Officer, effective January 1, 2026. This marks a historic moment, as Mr. Garg becomes the first Indian national to lead HMIL, reflecting Hyundai Motor Group’s deep confidence in Indian leadership and the country’s growing importance in the global automotive ecosystem.
A Leadership Appointment Rooted in Experience and Trust
With more than 32 years of rich experience in the automotive industry, Mr. Tarun Garg brings a rare blend of strategic insight and operational excellence. His expertise spans sales, marketing, distribution, financial management, product strategy, and brand communication—making him well-positioned to steer HMIL into its next phase of growth.
Having served Hyundai Motor India in several key leadership roles, including Head of Sales, Service & Marketing, and later as Whole-time Director & Chief Operating Officer, Mr. Garg has already played a pivotal role in shaping the company’s recent success.
Vision for the Future: Innovation, Sustainability & Customer Delight
On assuming charge, Mr. Garg emphasized that India’s automotive sector is at a crucial inflection point, driven by innovation, sustainability, and evolving customer expectations. His vision for HMIL is centered on sustainable growth, technological leadership, and unmatched customer experience, while reinforcing Hyundai’s strong foundation in India.
Aligned with Hyundai Motor Group’s global philosophy of “Progress for Humanity,” he aims to create mobility solutions that empower people, connect communities, and enrich lives.
Strategic Priorities Under Mr. Garg’s Leadership
Hyundai Motor India’s future roadmap under Mr. Garg will focus on four key pillars:
- Future-Ready Mobility: Accelerating electric vehicles, hybrids, and connected mobility solutions backed by a ₹45,000 crore investment roadmap by FY 2030
- People & Market Focus: Empowering employees and strengthening dealer and supplier partnerships
- Customer-Centricity: Delivering seamless, trust-driven experiences across all customer touchpoints
- Make in India, Made for the World: Enhancing indigenization and positioning HMIL as a global export hub for emerging markets
Proven Track Record of Performance and Growth
During Mr. Garg’s earlier leadership tenure, HMIL achieved several milestones, including:
- Record-breaking sales for three consecutive years
- Highest-ever profitability and EBITDA margins
- Successful execution of India’s largest IPO in 2024
- Strong leadership in the SUV segment, driven by digitalization and customer-focused strategies
Beyond numbers, he is widely respected for his people-first and inclusive leadership approach. His initiative, “Samarth by Hyundai,” has played a meaningful role in improving awareness and accessibility for people with disabilities across India.
Strong Academic and Professional Foundation
Mr. Garg holds a Mechanical Engineering degree from Delhi Technological University (formerly DCE) and an MBA from IIM Lucknow, combining strong technical knowledge with sharp business acumen. Before joining HMIL, he spent many successful years at Maruti Suzuki India Limited, rising to the role of Executive Director – Marketing, Logistics, Parts & Accessories.
A Promising Road Ahead for Hyundai Motor India
With Mr. Tarun Garg at the helm, Hyundai Motor India is well-positioned to take a decisive leap forward—setting new benchmarks in innovation, customer focus, sustainability, and value creation. His appointment not only symbolizes a leadership transition but also signals Hyundai’s long-term commitment to India as a strategic and global automotive powerhouse.
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