7 months ago
3
Hyundai Motor India Limited (HMIL) has announced the assignment of Tarun Garg arsenic the adjacent Managing Director and Chief Executive Officer of the company, taxable to support of shareholders, effective January 01, 2026.
Mr. Garg becomes the archetypal Indian nationalist to instrumentality connected this enactment relation wrong HMIL, since the company’s constitution 29 years ago.
Currently Mr. Garg serves arsenic the Whole-time Director & COO of HMIL. Following a creaseless transition, the incumbent Managing Director, Unsoo Kim, volition instrumentality to a relation astatine Hyundai Motor Company (HMC), South Korea.
“This assignment reflects Hyundai’s beardown assurance successful India’s enactment capabilities and India’s increasing strategical value wrong the planetary automotive landscape. Mr. Garg was identified for this presumption by HMC,” the institution said successful a statement.
Over the past 2 years, Mr. Garg has worked intimately with planetary absorption successful mentation for this elevation.
José Muñoz, President & CEO of HMC, said, “Tarun’s assignment arsenic the archetypal Indian nationalist to pb HMIL is simply a defining infinitesimal successful our astir three-decade history. He is simply a transformative person who brings a progressive imaginativeness combined with heavy knowing of the Indian market. Under his guidance arsenic COO, HMIL achieved grounds income for 3 consecutive years, record-breaking profits and completed India’s largest IPO successful 2024.”
“He is simply a people-first person who understands that occurrence happens erstwhile you dainty customers similar honoured guests, empower your teams and put for the agelong term. I would besides similar to convey Unsoo for his hard enactment and dedication successful helping laic the instauration for the occurrence HMIL enjoys today. We privation you luck connected your adjacent assignment,” helium added.
Unsoo Kim, Managing Director, HMIL said, “Having worked intimately with Tarun implicit the years, I person witnessed first-hand his unwavering committedness and visionary thinking, qualities that person played a pivotal relation successful shaping and executing the halfway initiatives driving HMIL’s maturation successful India. I clasp the utmost assurance successful Tarun’s exceptional intellect and foresight, and I americium assured that nether his stewardship, HMIL volition proceed to ascend to adjacent greater heights.”
Tarun Garg, Whole-time Director & COO, HMIL expressed, “I americium profoundly honoured by the spot and assurance placed successful maine by Hyundai Motor Group.”
In his caller relation arsenic Managing Director and CEO of HMIL, Mr. Garg’s strategical absorption volition beryllium connected Future Strategy Focussed, Market & People Centred, Customer Orientation and further Impetus to Make successful India. Prior to HMIL, Mr. Garg had worked with Maruti Suzuki India Limited (MSIL).
