Hyundai CEO Tarun Garg On Bayon Launch, 2.5 Lakh SUV Sales Target, Car Prices & Demand
NDTV Profit · 26 Oct 2026 · 3 min
Management interview of Hyundai Motor India Ltd (HYUNDAI), with 1 key numbers discussed.
- Tarun Garg, MD & CEO, Hyundai Motor India
Hyundai Motor India expects Creta and the newly launched Bayon together to achieve 250,000 vehicle sales, reinforcing its leadership in the mid-SUV segment. The company highlighted that SUV demand continues to outpace other segments, though hatchbacks still represent about 20% of the industry. Raw material costs have surged due to geopolitical tensions, though Hyundai has avoided immediate price hikes so far. Management also expects the RBI's 25 bps rate hike to be easily absorbed by buyers.