{"id":"aigc-v0-89541abd-e362-59f5-8f2d-5129850f3162","title":"Hyundai India's Record-Breaking January 2026","description":"In January 2026, the company celebrated remarkable sales figures, marking a new milestone. This success includes the appointment of a new Managing Director and plans for significant market expansion by 2030, with several new model launches and redesigns.","timestamp":1770103338,"category":"business","headline":"Hyundai India's Record-Breaking January 2026","modifiedHeadline":"Hyundai India's Record-Breaking January 2026","subCategories":["scid_4d81caea"],"region":"IN","bundleMetaData":{"bundleId":"1f1ebc89-3263-4d24-b85a-db4ed7210803","bundleTitle":"Auto Buzz","cardData":null},"iabCategoryId":"1","fcSummary":"hyundai motor india limited achieved record-breaking sales in january 2026, selling 59,107 domestic units and 73,137 total units, with significant export growth. this success coincides with the appointment of tarun garg as md & ceo, the first indian national to lead the company, who plans to launch 26 new models by fy30 to expand market presence.","summary":"Hyundai India achieved record January 2026 sales, appointing a new MD and planning major expansion by 2030.","ctaUrl":"https://trends.glance.com/newz/automotive/IN/en/feedpost-specials/aigc-v0-89541abd-e362-59f5-8f2d-5129850f3162?byte=true","sourceUrl":"https://trends.glance.com/newz/automotive/IN/en/feedpost-specials/aigc-v0-89541abd-e362-59f5-8f2d-5129850f3162?byte=true","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/Xe7wfc_TNpo0.webp","content":"

\n Hyundai Motor India Limited (HMIL) experienced a historic month in January 2026, achieving record-breaking sales. This accomplishment is coupled with strategic leadership changes and ambitious plans for growth in the Indian market, setting the stage for an exciting future.\n

New Leadership Takes Charge

At the start of 2026, Tarun Garg was appointed as the Managing Director and Chief Executive Officer (MD & CEO) of Hyundai Motor India Limited (HMIL). This

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event was a historic one because it was the first time an Indian national was at the helm of HMIL, a company that has been operating in the country for 29 years. Garg brings with him a wealth of experience, boasting over 32 years in the automotive industry. His expertise encompasses various aspects, including sales, marketing, distribution, financial management, product strategy, and brand communication. Before assuming this leadership role, Garg held positions such as Head of Sales, Service & Marketing, and later as Whole-time Director and Chief Operating Officer at HMIL. This leadership transition marked a significant milestone, setting the stage for future strategies and growth initiatives under his guidance.

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Sales Soar To New Heights

January 2026 was a month of unprecedented success for the company, as it achieved its highest-ever monthly domestic sales. A total of 59,107 units were sold within the domestic market, reflecting a solid 9.5% year-on-year growth. The company's overall performance was even more impressive when considering total sales, which included both domestic and export figures. Total monthly sales reached an all-time high of 73,137 units. This represented a substantial 11.5% year-on-year growth. Export sales also contributed significantly to this positive performance, with 14,030 units exported, demonstrating a robust 20.9% year-on-year growth in this area. These figures underscore the company's strong position in the market and its ability to achieve remarkable results.

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Ambitious Expansion Plans

The company has outlined significant plans to expand its presence in the Indian market. During the launch event for the new generation Venue in November, the automaker disclosed its ambitious strategy for the coming years. A key element of this strategy is the introduction of 26 new models by the end of FY30. The newly launched Venue is the first in a series of planned product releases. This initiative underscores the company’s commitment to growing its market share and accelerating its growth trajectory within India. The decision to introduce new models and expand its product portfolio is aimed at meeting the evolving demands of Indian consumers and strengthening the company's competitive position in the automotive sector.

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Future Model Lineup

In addition to launching new models, the company has plans for model redesigns and updates. Specifically, the company announced its intention to introduce seven new models in India, beginning in the next financial year and continuing through FY2030. Alongside new model launches, there will be six complete model redesigns. The company also intends to introduce seven updated versions of existing models and six new variations of current models during the same timeframe. This comprehensive product strategy is designed to keep the company's offerings fresh and competitive, catering to a wide range of consumer preferences and maintaining its market relevance. This will keep the brand ahead and cater to the ever-evolving automotive landscape.

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Leadership's Perspective

Mr. Tarun Garg, the newly appointed MD & CEO of HMIL, shared his perspective on the recent achievements. He highlighted that January 2026 marked a pivotal moment in the company's journey. Garg emphasized the significance of achieving the highest-ever monthly domestic sales of 59,107 units, alongside the highest-ever total sales of 73,137 units, reflecting a strong 11.5% year-on-year growth. He also noted the remarkable 20.9% growth in exports to 14,030 units, which underscored the trust that the company continues to inspire across global markets. Looking ahead, Garg affirmed the company's commitment to creating lasting value for customers, empowering stakeholders, and shaping the future of mobility in India. His statements reflected confidence in the brand's potential and its dedication to innovation and customer satisfaction.

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Hyundai India's Record-Breaking January 2026

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