Hyundai India Names Tarun Garg As First Indian MD And CEO, Effective 2026

Hyundai Motor India Ltd (HMIL) on Tuesday announced that its Chief Operating Officer Tarun Garg will take over as the Managing Director and CEO of the company effective January 1, 2026, as part of its succession plan.

After this appointment, Garg will become the first Indian to lead the Indian subsidiary of the South Korean automotive giant. In a late-night regulatory filing on the BSE, Hyundai Motor India said that the Board of Directors, in its meeting held on Tuesday, approved the succession plan for the company’s Managing Director position.

Under it, Garg will succeed Unsoo Kim, who is returning to South Korea to a strategic role at Hyundai Motor Company from  December 31, 2025,  it added.