With over three decades of automotive experience, Tarun Garg brings in the right expertise to lead HMIL’s second phase of growth inIndia, the company said.
| Photo Credit: Special arrangement
Hyundai Motor India Ltd (HMIL) on Thursday (January 1, 2026) announced thatTarun Garg has assumed charge as the Managing Director & Chief ExecutiveOfficer (MD & CEO).
With this, he becomes the first Indian national to take on this leadership role within HMIL, since the company’s establishment 29 years ago.
Mr. Garg, with over three decades of automotive experience, brings in the right expertise to lead HMIL’s second phase of growth inIndia, the company said.
“India’sautomotive industry is at an exciting inflection point, driven by innovation, sustainabilityand evolving customer aspirations. It is an extraordinary honour to lead Hyundai MotorIndia at this defining moment in our three-decade long journey,” Mr. Garg said in a statement.
“My vision is to build on ourstrong foundation while accelerating HMIL’s transformation towards sustainable growth, technological leadership and unmatched customer delight. We will continue to reinforceour commitment to ‘Make in India’ and position HMIL as a global hub for exports,” he said.
“Alignedwith Hyundai’s global vision of ‘Progress for Humanity,’ we will strengthen Hyundai’slegacy and create meaningful mobility solutions that not only empower people but alsoconnect communities and enrich lives. The future is ours to build and I am committed toleading HMIL with agility, conviction and purpose,” he added.
Mr. Garg’s leadership will focus on four key pillars which includeFuture-Ready Strategy: Accelerating EVs, hybrids, connected mobility and muchmore through ₹45,000 crore investment roadmap by FY 2030;People & Market Focus: Empowering employees and strengthening HMIL dealer and supplier networks;Customer-Centric Approach: Deepening trust and delivering seamless experiencesacross all HMIL touchpoints andMake in India, Made for the World Impetus: Enhancing indigenization across HMILplants and positioning HMIL as an export hub for emerging markets.
“Under his stewardship, first as the Head of Sales, Service & Marketing and then as the Whole-time Director and Chief Operating Officer, Mr. Garg’s tenure at HMIL had shaped meaningful contributions that steadily advanced the company’s growth and direction,” the company said.
HMIL achieved record-breaking sales for three consecutive years, delivered highest-ever profitability and EBITDA margins and successfully executed the largest IPO in the historyof Indian equity markets in 2024, while driving SUV segment leadership through a sharpfocus on profitability, customer experience and digitalization, it added.
“Beyond business metrics, Mr. Garg exemplifies people-first leadership and communityimpact. His inclusive vision led to the launch of “Samarth by Hyundai,” fostering awarenessand accessibility for people with disabilities in India. Known for humility and purpose-driven leadership, he aligns closely with Hyundai Motor Group’s global vision of Progressfor Humanity,” it further said.
Prior to HMIL, Mr. Garg had worked at Maruti Suzuki India, advancingthrough key roles to Executive Director of Marketing, Logistics, Parts & Accessories.
Academically, he is a Mechanical Engineer Delhi TechnologicalUniversity (formerly known as Delhi College of Engineering) and holds an MBA fromIIM Lucknow.
Published – January 01, 2026 10:50 am IST
