Tarun Garg Becomes First Indian MD & CEO of Hyundai Motor India, Unveils ₹45,000 Cr Plan

• Tarun Garg assumed charge as MD & CEO of Hyundai Motor India on January 1, 2026, becoming the first Indian to lead the company in 29 years.
• Hyundai announced a ₹45,000 crore investment plan by FY30 for EVs, hybrids, and connected mobility under Garg's leadership.
• Garg, with 32+ years of auto experience, aims for sustainable growth, technological leadership, and customer delight.
• His appointment reflects Hyundai Motor Group’s confidence in India's strategic role in the global automotive market.
• Hyundai achieved record sales, highest profitability, and a major IPO under previous leadership, setting a strong base for Garg.

Why It Matters: Tarun Garg's appointment as the first Indian MD & CEO signals a new era for Hyundai Motor India with a massive investment.