New Delhi, Sept. 16 -- Hyundai Motor Co. is set to elevate its India chief operations officer Tarun Garg as managing director and chief executive of its domestic unit, an executive directly aware of the plan said. Garg would be the first Indian to lead Hyundai Motor India, at a time the Korean giant is fighting to keep its No.2 position in the Indian car market.
Garg is expected to take the helm around the inauguration of Hyundai's new Talegaon plant in Maharashtra, the executive said on the condition of anonymity. The facility is slated to begin producing 250,000 units within the next three years, with its opening anticipated in the final quarter of 2025.
"The strategy is part of Hyundai's ongoing plan to promote non-Koreans into leade...
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