Leadership change at Hyundai Motors: Tarun Garg named India CEO; $5 billion investment plan unveiled

Hyundai Motor India appoints Tarun Garg as its new CEO, marking a historic first for an Indian national. Garg will assume leadership in January 2026. The company also unveiled a significant $5 billion investment strategy. This plan focuses on enhancing manufacturing and research facilities. Hyundai aims to boost production capacity and R&D efforts through fiscal 2030.

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