New Delhi, October 15, 2025. Hyundai Motor India Limited (HMIL) has appointed Tarun Garg as the company’s new Managing Director and Chief Executive Officer (MD & CEO). Garg will be the first Indian to lead the company since its inception in 1996. He will succeed Wonsu Kim.

The company announced in a BSE filing on Wednesday (October 15) that Garg will assume his responsibilities starting January 1, 2026, and is currently serving as the Chief Operating Officer (COO) of the company. However, this decision is still pending shareholder approval; until then, he will remain designated as MD and CEO.

Garg has over 30 years of experience in the auto industry

Tarun Garg holds a degree in Mechanical Engineering from Delhi Technological University and an MBA from IIM Lucknow. He has over 30 years of experience in the automobile industry.

Before joining Hyundai, he worked for a long time at Maruti Suzuki India Limited, where he started as a Management Trainee and progressed to roles such as Regional Sales Manager, Commercial Business Head, National Sales and Network Head, and Executive Director (Marketing, Logistics, Parts, and Accessories).

Hyundai launches ADAS feature in cars

During his tenure at Hyundai, Garg played a key role in expanding the company’s market reach and improving profitability. He spearheaded initiatives in digital marketing, premium channel development, expansion into rural markets, and the used-car segment. He launched Advanced Driver Assistance Systems (ADAS) in nine Hyundai models and improved profit margins while enhancing sales quality.

Company states – Garg has deep understanding of market and industry

The company stated, ‘Garg has a deep understanding of the market and industry and is an expert in developing practical and forward-looking strategies based on trends, third-party insights, and future projections. Under his (Tarun Garg’s) leadership, Hyundai has achieved a balance between volume growth, brand value, and customer satisfaction.’

The company explained that Garg’s appointment is part of a long-term strategy to strengthen Hyundai’s solid foundation in India and accelerate its transformation into a smart mobility solutions provider.

Upon assuming his new role, he said — “Hyundai India’s journey is now entering a new phase. Our goal is not just to manufacture vehicles, but to provide smart, sustainable, and customer-centric mobility solutions.”

New Delhi

New Delhi is the modern capital of India, officially inaugurated in 1931 to replace Calcutta as the seat of the British Raj. It was designed by architects Edwin Lutyens and Herbert Baker, featuring wide, tree-lined boulevards and grand government buildings. Today, it serves as the political center of India, housing key national institutions like the Rashtrapati Bhavan and India Gate.

Hyundai Motor India Limited

Hyundai Motor India Limited is the Indian subsidiary of South Korea’s Hyundai Motor Company, established in 1996. It began production with the popular Santro model in 1998, which played a pivotal role in making it a major automotive manufacturer in the country. Today, it is one of India’s largest car exporters and a key player in the domestic automobile market.

Delhi Technological University

Delhi Technological University (DTU) is a premier public state university located in Delhi, India. It was originally established in 1941 as the Delhi Polytechnic, and it was later upgraded to the Delhi College of Engineering (DCE) in 1952 before being granted university status and its current name in 2009. It is renowned for its strong focus on engineering, technology, and related research.

IIM Lucknow

The Indian Institute of Management Lucknow (IIM Lucknow) is a premier public business school in India, established in 1984 by the Government of India. It was the fourth IIM to be founded, created to nurture future leaders and managers for the country. The institute is renowned for its rigorous academic programs, influential research, and sprawling 185-acre campus.

Maruti Suzuki India Limited

Maruti Suzuki India Limited is an automobile manufacturer in India, originally established as Maruti Udyog in 1981 through a collaboration between the Government of India and Suzuki Motor Corporation of Japan. It revolutionized the Indian car market by launching affordable, fuel-efficient vehicles like the Maruti 800, making car ownership accessible to the middle class. Today, it is a subsidiary of Suzuki and remains the country’s leading passenger vehicle manufacturer.

Advanced Driver Assistance Systems

Advanced Driver Assistance Systems (ADAS) are not a physical place or cultural site, but rather a suite of safety technologies integrated into modern vehicles. These systems, which include features like automatic emergency braking and lane-keeping assist, have evolved from early inventions like cruise control in the mid-20th century to today’s complex sensor- and camera-based electronics. Their development represents a major step toward the ultimate goal of creating fully autonomous vehicles.

BSE

I am unable to provide a summary for “BSE” as it is most commonly known as an acronym for Bovine Spongiform Encephalopathy, a disease in cattle also known as “mad cow disease.” It is not a place or a cultural site. If you meant a different “BSE,” such as a stock exchange or another location, please provide more specific details.