15 Oct 2025 | 3 Mins Read
Hyundai Motor India unveils Rs 45,000-crore plan and names new CEO
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Hyundai Motor India rose 2.5% as it unveiled a Rs 45,000-crore investment plan, expanding manufacturing and R&D, and named Tarun Garg as new CEO. Garg, a former Maruti Suzuki executive, will lead the automaker from January 2026. The company targets 7% CAGR in domestic sales, double-digit core earnings margins, and Rs 1 lakh crore revenue by FY30.