With over three decades of automotive experience, Tarun Garg brings in the right expertise to lead HMIL’s second phase of growth in India, the company said.
| Photo Credit: Special arrangement
Hyundai Motor India Ltd (HMIL) on Thursday (January 1, 2026) announced that Tarun Garg has assumed charge as the Managing Director & Chief Executive Officer (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 in India, the company said.
“India’s automotive industry is at an exciting inflection point, driven by innovation, sustainability and evolving customer aspirations. It is an extraordinary honour to lead Hyundai Motor India at this defining moment in our three-decade long journey,” Mr. Garg said in a statement.
“My vision is to build on our strong foundation while accelerating HMIL’s transformation towards sustainable growth, technological leadership and unmatched customer delight. We will continue to reinforce our commitment to ‘Make in India’ and position HMIL as a global hub for exports,” he said.
“Aligned with Hyundai’s global vision of ‘Progress for Humanity,’ we will strengthen Hyundai’s legacy and create meaningful mobility solutions that not only empower people but also connect communities and enrich lives. The future is ours to build and I am committed to leading HMIL with agility, conviction and purpose,” he added.
Mr. Garg’s leadership will focus on four key pillars which include Future-Ready Strategy: Accelerating EVs, hybrids, connected mobility and much more 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 experiences across all HMIL touchpoints and Make in India, Made for the World Impetus: Enhancing indigenization across HMIL plants 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 history of Indian equity markets in 2024, while driving SUV segment leadership through a sharp focus on profitability, customer experience and digitalization, it added.
“Beyond business metrics, Mr. Garg exemplifies people-first leadership and community impact. His inclusive vision led to the launch of “Samarth by Hyundai,” fostering awareness and 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 Progress for Humanity,” it further said.
Prior to HMIL, Mr. Garg had worked at Maruti Suzuki India, advancing through key roles to Executive Director of Marketing, Logistics, Parts & Accessories.
Academically, he is a Mechanical Engineer Delhi Technological University (formerly known as Delhi College of Engineering) and holds an MBA from IIM Lucknow.
Published – January 01, 2026 10:50 am IST
