Hyundai Motor India has announced a major leadership change that marks the beginning of a new chapter for the company. Tarun Garg, currently serving as Chief Operating Officer (COO) of Hyundai Motor India, will take over the role of Managing Director (MD) and Chief Executive Officer (CEO) from January 2026. The appointment signals Hyundai’s commitment to stronger local leadership and deeper involvement in the Indian automobile market, which stands as one of the fastest-growing in the world.

This change comes as the current MD & CEO, Unsoo Kim, concludes his successful tenure. Hyundai praised Kim’s contribution in strengthening the brand’s presence across India through strategic product launches, expansion of dealer networks, and technological innovations. Now, Tarun Garg’s new appointment is expected to further accelerate Hyundai’s mission of making the company a frontrunner in electric mobility, connectivity, and sustainable automotive manufacturing in India.

Who is Tarun Garg?

Tarun Garg is one of Hyundai Motor India’s most respected and recognised executives. He has spent over a decade with the company and played a key role in driving Hyundai’s domestic and export operations. Known for his sharp business acumen and approachable nature, Garg has built a reputation as a leader who understands both consumer sentiment and market dynamics.

An alumnus of IIM Lucknow, he has been instrumental in developing Hyundai’s sales strategies that helped the company maintain its position as India’s second-largest carmaker after Maruti Suzuki. Garg’s work contributed to consistent growth in sales volumes, smart marketing campaigns, and successful launches such as the Hyundai Creta, Venue, and Exter — models that have become household names across India.

What This Means for Hyundai Motor India

Hyundai Motor India, a wholly owned subsidiary of South Korea’s Hyundai Motor Company, has been a key player in India’s automobile market for over two decades. With an extensive network of dealerships and service centres, Hyundai has established strong trust among Indian car buyers. Under Tarun Garg’s leadership, industry experts anticipate a deeper focus on innovation and customer satisfaction.

The Indian automotive landscape is changing rapidly, with growing interest in electric vehicles (EVs), connected technologies, and sustainability. Hyundai has already made notable investments in these areas, including plans to launch affordable EVs and increase localisation of parts manufacturing. Garg’s appointment is expected to support this vision while keeping the company’s pricing and performance strategy competitive against rivals like Tata Motors, Mahindra & Mahindra, and Honda.

Challenges and Opportunities Ahead

Taking charge in January 2026 means Tarun Garg will face both opportunities and challenges. The Indian automotive market has become fiercely competitive, with global brands expanding their presence and new startups introducing electric cars and two-wheelers. At the same time, consumer demand is evolving — buyers now look for safer, more efficient, and technologically advanced vehicles.

Hyundai’s future plans include building a stronger EV lineup, enhancing digital car-buying experiences, and introducing more hybrid models. Garg’s deep understanding of the Indian market could help Hyundai bridge the gap between global technologies and local preferences. Analysts believe that his leadership will bring fresh energy and long-term stability to Hyundai’s India operations, particularly as the nation moves closer to its net-zero carbon goals.

This leadership change aligns with Hyundai Motor Company’s broader global strategy of empowering local leaders who understand regional markets. Appointing an Indian executive to the top position demonstrates Hyundai’s confidence in homegrown talent and marks a milestone in the company’s journey in the country.

While it is too early to predict the exact path Hyundai will take under Tarun Garg’s guidance, there are high expectations that he will prioritise both growth and sustainability. His extensive experience in sales and strategy, combined with a strong understanding of customer behaviour, makes him well-positioned to lead Hyundai through the next phase of India’s car evolution.

With inputs from agencies

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