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Tarun Garg Becomes Hyundai Motor India MD & CEO, First Indian to Lead the Company

Hyundai frames the leadership shift as a board-approved succession step tied to a Rs 45,000 crore investment covering EVs, hybrids, connected mobility.

Overview

  • Garg officially assumed charge on January 1, 2026 after serving as chief operating officer and whole-time director.
  • He succeeds Unsoo Kim, who resigned effective December 31, 2025 to take a strategic role at Hyundai Motor Company in South Korea.
  • Kim also relinquished roles at Hyundai Motor India including chairman of the board and membership of the risk management committee.
  • Three senior executives—Jeongick Lee (corporate affairs), Hyoung Soon Yoon (product strategy and planning), and Jae Wan Ryu (corporate planning)—resigned effective December 31, 2025.
  • The board cleared Garg’s elevation in October as part of succession planning, and the company links the move to its Rs 45,000 crore FY30 program for EVs, hybrids and connected mobility under a Make in India, Made for the World focus.