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Hyundai Motor India names Tarun Garg CEO, unveils $5B investment
Hyundai Motor India appointed Tarun Garg as new CEO starting January 2026, becoming the first Indian to head local operations. He succeeds Unsoo Kim, who will shift to Hyundai’s South Korea HQ. Alongside, the company announced a $5.07 billion investment plan through 2030, with 60% allocated to R&D and the rest toward capacity expansion and product upgrades. Hyundai expects 7% CAGR in domestic sales and margins of 11–14%. Source: Reuters
Companies:
- Hyundai Motor India
Tags:
- stocks
- auto
Reuters• By Harsh Ranjan
Explore:Mutual Fund Categories
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Hyundai Motor India names Tarun Garg CEO, unveils $5B investment
Hyundai Motor India appointed Tarun Garg as new CEO starting January 2026, becoming the first Indian to head local operations. He succeeds Unsoo Kim, who will shift to Hyundai’s South Korea HQ. Alongside, the company announced a $5.07 billion investment plan through 2030, with 60% allocated to R&D and the rest toward capacity expansion and product upgrades. Hyundai expects 7% CAGR in domestic sales and margins of 11–14%. Source: Reuters
Companies:
- Hyundai Motor India
Tags:
- stocks
- auto
Reuters• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
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Hyundai India names Indian CEO, commits $5B investment plan.
Hyundai Motor India appointed Tarun Garg as new CEO starting January 2026, becoming the first Indian to head local operations. He succeeds Unsoo Kim, who will shift to Hyundai’s South Korea HQ. Alongside, the company announced a $5.07 billion investment plan through 2030, with 60% allocated to R&D and the rest toward capacity expansion and product upgrades. Hyundai expects 7% CAGR in domestic sales and margins of 11–14%. Source: Reuters
Hyundai Motor India appointed Tarun Garg as new CEO starting January 2026, becoming the first Indian to head local operations. He succeeds Unsoo Kim, who will shift to Hyundai’s South Korea HQ. Alongside, the company announced a $5.07 billion investment plan through 2030, with 60% allocated to R&D and the rest toward capacity expansion and product upgrades. Hyundai expects 7% CAGR in domestic sales and margins of 11–14%. Source: Reuters
Companies:
- Hyundai Motor India
Tags:
- stocks
- auto
- stocks
- auto
- investment
- India