Hyundai India Appoints First Indian CEO to Combat Rivals

Hyundai's Indian unit is getting a new boss, Tarun Garg, the first Indian to lead the company there.

This is part of Hyundai's plan to have local leaders in other countries.

Garg will take over around the time a new plant opens.

Hyundai is currently battling Tata Motors and Mahindra, who are gaining popularity.

Hyundai is aiming for market share growth, including new SUV models and electric vehicles, even though profits are down.

Analysts are optimistic about Hyundai's future in India.