By WAF Think Tank
In a landmark move that underscores Hyundai’s confidence in its Indian leadership, Tarun Garg has been appointed as the Managing Director & Chief Executive Officer (MD & CEO) of Hyundai Motor India Limited (HMIL). The appointment marks the first time an Indian executive will helm the local operations of the Korean automaker.
A Historic Leadership Transition
Tarun Garg will assume the MD & CEO role in January 2026, succeeding Unsoo Kim, who led the company through its high-profile IPO and will return to the Hyundai Motor headquarters in South Korea for a strategic role.
This move is significant not only symbolically but strategically. Under Kim’s leadership, Hyundai Motor India undertook a successful ₹3.3 billion IPO in 2024 — the largest in India at that time.
Anuj Guglani, CEO, World Auto Forum said,’With Tarun Garg’s appointment, Hyundai signals a pivot toward more localised leadership in India — harnessing homegrown talent to drive India-specific strategies, expansion plans, and innovation.’
Continue reading “Tarun Garg is the New MD & CEO of Hyundai Motor India Limited”