**Hyundai Motor India Appoints Tarun Garg as First Indian MD & CEO**
Hyundai Motor India has made a significant leadership change by appointing Tarun Garg as its first Indian Managing Director and Chief Executive Officer, effective January 1, 2026. This marks a historic moment for the company, as it is the first time in 29 years that an Indian national has taken the helm of its operations in the country. The announcement was made in a filing to the Bombay Stock Exchange (BSE), highlighting the company’s commitment to driving the next phase of growth in India.
In a press release, Hyundai Motor India stated, “Mr. Tarun Garg has officially assumed charge as the Managing Director & Chief Executive Officer (MD & CEO), effective January 1, 2026.” Jose Munoz, President and CEO of Hyundai Motor Company, expressed his confidence in Garg’s leadership, stating, “I’ve had the privilege of working closely with Tarun over the past two years. He’s a transformative leader who brings a progressive vision and a deep understanding of the Indian market.”
**Who is Tarun Garg?**
Tarun Garg is a seasoned professional with nearly 30 years of experience in the Indian automotive industry. At 54 years old, he began his career in 1994 as a Deputy Manager of Logistics at Maruti Suzuki India. Over the years, he climbed the corporate ladder, eventually becoming the National Sales Head in July 2010 and later serving as the Executive Director of Marketing before leaving the company in December 2019 after a 26-year tenure.
In December 2019, Garg joined Hyundai Motor India as the Director of Sales, Marketing, and Service. After five successful years in that role, he was promoted to Chief Operating Officer in January 2023. Garg holds a Bachelor of Technology degree in Mechanical Engineering and an MBA in Marketing from the Indian Institute of Management, Lucknow, which he completed in 1994.
**Future Plans for Hyundai Motor India**
Hyundai Motor India aims to accelerate its focus on electric vehicles, hybrids, and connected mobility, backed by a substantial investment of ₹45,000 crore by 2030. In his official statement, Tarun Garg emphasized his vision: “My goal is to build on our strong foundation while accelerating HMIL’s transformation towards sustainable growth, technological leadership, and unmatched customer delight.” The company also plans to enhance its dealer and supplier networks to support its ambitious growth strategy.
**Conclusion**
The appointment of Tarun Garg as the first Indian MD and CEO of Hyundai Motor India signifies a pivotal moment for the company as it seeks to strengthen its presence in the Indian market. With a clear vision for the future and a commitment to innovation, Hyundai is poised to lead the charge in the evolving automotive landscape.
**FAQ**
**What is the significance of Tarun Garg’s appointment as MD & CEO?**
Tarun Garg’s appointment is significant as he is the first Indian national to lead Hyundai Motor India’s operations in 29 years, reflecting the company’s commitment to local leadership and understanding of the Indian market.