Tarun Garg Elevated as MD & CEO of Hyundai Motor India
The board of directors of the Hyundai Motor India Ltd has promoted its Chief Operating Officer Tarun Garg as its Managing Director and Chief Executive Officer from January 1, 2026, as part of its succession planning, according to reports.
Garg will be the first Indian to occupy the position at the Indian arm of the South Korean auto major.
The Board of Directors, in its meeting held this week, "approved the succession plan for the Managing Director of the company", accordng to reports.
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.
Garg, currently serving as Wholetime Director and Chief Operating Officer, will take over the new role from January 1, 2026, subject to shareholders' approval and in the intervening period will be MD & CEO Designate.
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Garg had joined HMIL from rival Maruti Suzuki India Ltd, where he began as a management trainee and rose through the ranks, holding various roles and ultimately becoming Executive Director of Marketing, Logistics, Parts and Accessories.
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He has worked with Maruti Suzuki India before joining Hyundai Motor India. He began as a management trainee, mastering the areas of logistics, sales, and planning. He progressed at his career in Maruti Suzuki through a series of key roles. Garg is a mechanical engineer with a degree from the prestigious Delhi Technological University.
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He also completed MBA from Indian Institute of Management, Hyundai Motor India said. He brings a deep insight into market, industry dynamics with a proven ability to interpret trends, third-party insights, and future forecasts to shape practical and forward-looking strategies, Hyundai Motor India said.