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