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Hyundai Motor India Limited (HMIL) has announced that Mr. Tarun Garg has officially assumed charge as the Managing Director & Chief Executive Officer (MD & CEO), effective January 01, 2026. This marks a significant milestone as Mr. Garg becomes the first Indian national to lead HMIL in its 29-year history, reflecting the Hyundai Motor Group's confidence in India's leadership and its growing strategic importance.

With over 32 years of experience in the automotive industry, Mr. Garg brings expertise in sales, marketing, distribution, financial management, product strategy, and brand communication. He expressed his vision to build on HMIL's strong foundation by accelerating transformation towards sustainable growth, technological leadership, and enhanced customer delight. His focus will also be on reinforcing the 'Make in India' commitment and positioning HMIL as a global export hub.

Mr. Garg's leadership will be guided by four key pillars: Future-Ready Strategy, focusing on accelerating EVs, hybrids, and connected mobility through a ₹45,000 crore investment roadmap by FY 2030; People & Market Focus, by empowering employees and strengthening dealer and supplier networks; Customer-Centric Approach, to deepen trust and deliver seamless experiences; and Make in India, Made for the World Impetus, by enhancing indigenization and positioning HMIL as an export hub.

During his previous roles at HMIL, including Whole-time Director and Chief Operating Officer, Mr. Garg contributed to record-breaking sales, highest-ever profitability and EBITDA margins, and the successful execution of the company's IPO in 2024. He also championed people-first leadership and community impact initiatives like "Samarth by Hyundai."