5 days ago
TVS Motor Names Kargar CEO Amid Global Expansion
TVS Motor has chosen Peyman Kargar to become its next CEO.
He will start the job on January 27, 2027.
K N Radhakrishnan will continue leading the company until that date.
Afterward, Radhakrishnan will remain a non-executive director until the annual meeting in July 2027.
Kargar currently runs TVS Motor’s international business.
This part of the company makes up 29% of sales volume and is growing quickly.
He has worked in the automobile industry for more than 30 years in several regions.
TVS Motor wants him to help expand worldwide, improve products and technology, and use artificial intelligence more.
TVS Motor appointed Peyman Kargar as director and CEO effective January 27, 2027.
K N Radhakrishnan will remain CEO until the handover and then serve as a non-executive director until the July 2027 annual general meeting.
Kargar currently leads TVS Motor’s international business, which accounts for 29% of sales volume and is growing at 33%.
The incoming CEO brings more than 30 years of automotive experience across Europe, Asia, Africa and the Middle East.
TVS Motor sold approximately 5.9 million vehicles and recorded 30% revenue growth in FY2025-26.
- Who
- Peyman Kargar was appointed TVS Motor Company’s next director and CEO, succeeding K N Radhakrishnan.
- What
- TVS Motor announced a planned leadership transition focused on continuing domestic and international growth.
- Where
- Kargar currently leads the international business from Dubai and is expected to be based in Bengaluru after taking office.
- When
- Kargar will take over on January 27, 2027; the announcement was reported on August 28, 2026.
- Why
- The company said the change will support its next phase of growth, including global expansion, product innovation, premiumisation and technology development.
Growth Opportunity
Execution Challenges
Global expansion
Growth Opportunity
TVS Motor’s leadership said Kargar’s international experience and contribution to the overseas business make him well suited to strengthen the company’s global position.
Execution Challenges
Equity strategist Kranti Bathini said Kargar must sustain double-digit growth from a base of nearly six million vehicles while protecting margins during an investment-heavy electric transition.
Leadership benchmark
Growth Opportunity
The company described the succession as a planned transition, with Radhakrishnan remaining CEO until the handover and supporting continuity afterward.
Execution Challenges
Bathini said the benchmark is high because Radhakrishnan’s tenure included stronger domestic market share, exports, premiumisation and the development of electric and global platforms.
Key facts
- Incoming CEO
- Peyman Kargar, currently President of International Business at TVS Motor Company.
- Effective date
- January 27, 2027.
- Current CEO
- K N Radhakrishnan, who has led TVS Motor since 2008.
- Post-transition role
- Radhakrishnan will serve as a non-executive director until the annual general meeting in July 2027.
- International business
- The division contributes 29% of TVS Motor’s sales volume and is growing at 33%.
- FY2025-26 performance
- TVS Motor sold approximately 5.9 million vehicles globally and reported 30% revenue growth.
- Joining-date discrepancy
- Reports variously say Kargar joined TVS Motor in March 2025 or on April 1, 2025.
Quotes
K N Radhakrishnan
Outgoing CEO of TVS Motor Company
“Peyman is an accomplished global leader with profound industry experience, strategic vision and a strong understanding of customers and markets. As President, International Business, he has already made a meaningful contribution to our business, and I am confident he is the right person to lead TVS Motor Company and further strengthen our position among the world’s leading mobility companies.”
firstpost.com
thehindubusinessline.com
“The benchmark is particularly high because of what K.N. Radhakrishnan leaves behind. During his long tenure, TVS strengthened domestic market share, accelerated exports and premiumisation, and built credible electric and global platforms.”
thehindubusinessline.com
Peyman Kargar
Newly appointed CEO of TVS Motor Company
“It is a privilege to be appointed as Chief Executive Officer of TVS Motor Company. Building on our momentum, we are entering into a new phase of growth, expanding our presence and further consolidating our position in India and global markets.”
businesstoday.in
Sources
TVS Motor names Peyman Kargar as CEO, succeeding K N Radhakrishnan
TVS Motor Company picks French automotive veteran Peyman Kargar as next CEO
TVS Motor names Peyman Kargar as CEO, Radhakrishnan to step down in January
TVS Motor appoints Peyman Kargar as CEO
Who is Peyman Kargar? TVS Motor shuffles top role — All about the automaker's new CEO and Director
TVS Motor appoints Peyman Kargar as CEO to drive next phase of global expansion
TVS Motor Appoints Peyman Kargar As CEO From January 2027, K N Radhakrishnan To Step Down
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