Who Is Tarun Garg, Set To Take Over As Hyundai Motor India’s MD And CEO?
Hyundai Motor India Ltd. on Tuesday named Tarun Garg, currently whole-time director, as its new managing director and CEO. He will be elevated to the new role with effect from Jan. 1, 2026. Garg will succeed current MD, Unsoo Kim, who will return to South Korea for a strategic role at Hyundai Motor Company.
“Tarun Garg, presently serving as whole-time director of the company, will succeed Mr. Unsoo Kim as the managing director and chief executive officer (CEO) of the company with effect from Jan. 1, 2026, subject to approval of the shareholders and in the intervening period will be MD & CEO designate,” the automaker announced.
The decision was taken during the meeting of the board of directors on Oct. 14.
“I am deeply honoured to take on this historic role at such a transformative moment in Hyundai's journey in India…,” Garg announced on LinkedIn, following the announcement.
Who Is Tarun Garg?
Garg is a mechanical engineer from Delhi Technological University (formerly Delhi College of Engineering). He also holds an MBA from the Indian Institute of Management (IIM) Lucknow, according to his LinkedIn profile.
Before joining Hyundai Motor India Ltd. (HMIL), he was with Maruti Suzuki India for more than 25 years. Starting as a management trainee, he gained expertise in logistics and sales planning.
Over the years, he has held several key positions at the company, including regional sales manager, commercial business head and national sales and network head. He later rose to become executive director, overseeing marketing, logistics, parts, and accessories between 2017 and 2019.
In December 2019, he joined Hyundai Motor India as the director of sales, marketing and services. He was elevated to the role of chief operating officer in January 2023 and will now be serving as the MD and CEO.
In his new role, Garg is expected to leverage his deep market insights and strategic foresight to steer Hyundai Motor India toward sustainable growth. With a proven ability to interpret trends and industry forecasts, he is likely to shape practical, forward-looking strategies, the company said on his appointment.
“Additionally, he has championed technological advancement by introducing Advanced Driver Assistance Systems (ADAS) in nine models, while improving sales quality, reducing incentives, and expanding profit margins. He has successfully led initiatives in wholesale and retail sales strategies, premium channel development, digital marketing, and business expansion into rural markets and the used car segment,” Hyundai Motor India added.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets