Hyundai Motor India announced Tarun Garg will take over as MD & CEO effective Jan 1, 2026.
He replaces Unsoo Kim, who will move back to South Korea for a strategic role.
Hyundai also announced a ₹450,000 million investment by FY 2030 for expansion +
R&D.
Around 60% of that investment will be directed to R&D and new product innovation.
The company targets 11–14% EBITDA margin and ~7% CAGR in domestic sales.
The appointment may boost investor confidence in Hyundai India’s long term prospects.
Stocks in auto / ancillary space may see reaction on the news.
Execution of the announced capex and product strategy will be c
losely tracked.
Use stop loss in auto names if market reverses.
The leadership change adds a fresh narrative to
the auto sector.