Hyundai Motor India Limited (HMIL) on Wednesday announced the appointment of Tarun Garg as its next Managing Director and Chief Executive Officer with effect from January 1, 2026. Garg is the first Indian national to take this leadership role within HMIL, since the company’s establishment 29 years ago. Currently, Garg serves as the Whole-time Director & COO of HMIL. He will take over from Unsoo Kim, who is set to return to a strategic role at Hyundai Motor Company (HMC), South Korea. The company said in a statement that the appointment reflects Hyundai’s strong confidence in India’s leadership capabilities and India’s growing strategic importance within the global automotive landscape. Stating that Garg was identified for this position by HMC, the company said that over the past two years, Garg has worked closely with global management in preparation for this elevation. Commenting on this announcement, José Muñoz, President & CEO of HMC, said, “Tarun’s appointment as the first Indian national to lead HMIL is a defining moment in our nearly three-decade history. He is a transformative leader who brings a progressive vision combined with a deep understanding of the Indian market. Under his guidance as COO, HMIL achieved record sales for three consecutive years, record-breaking profits, and completed India's largest IPO in 2024.” Unsoo Kim praised Tarun for his pivotal role in shaping and executing the core initiatives driving HMIL’s growth in India. Upon his elevation, Garg said, “I am deeply honoured by the trust and confidence placed in me by Hyundai Motor Group. This document is protected as Hyundai Motor's intellectual property under relevant laws and regulations. India’s automotive sector is in an exciting phase of transformation, and I aim to contribute to HMIL’s continued growth in this market by stepping into this role.”
