TVS Motor Company has announced the appointment of Peyman Kargar as Director and Chief Executive Officer, effective January 27, 2027.
Kargar currently serves as President, International Business. He brings more than three decades of global automotive leadership experience across Europe, Asia, Africa, and the Middle East, having held senior leadership positions with some of the automotive industry’s most recognised global brands.
Before joining TVS in 2025, Kargar was the Global Chairman & President of INFINITI, the luxury brand of Nissan Company. Previously, he was the Chairman & Sr VP of Africa Middle East India Region CEO of the DATSUN brand. Earlier to that, he was the VP Sales & Marketing, Renault Group for 50 countries in Africa, Middle East, Iran & India. He has also served as Managing Director of Renault Middle East and the Country Manager Director in Iran.
He will succeed K. N. Radhakrishnan, who will continue in his role until then to ensure a seamless transition.
Following the transition, Radhakrishnan will serve as Non-Executive Director up to the date of the ensuing AGM scheduled in July 2027.
Kargar will be based in Bengaluru after January 2027 as he takes up the position.
In FY2025-26, TVS Motor achieved a record performance, selling 5.9 million vehicles globally and delivering 30% revenue growth.
Kargar’s experience spans the full value chain, from product development and R&D to manufacturing, quality, sales and marketing, giving him significant insight into the factors that drive long-term success in the mobility industry, TVS Motor said in a statement.
Under his leadership, International Business has become an increasingly important contributor to TVS Motor Company’s global expansion, making up 29% of the company sales volume and growing at 33%.
In his new role, he will lead the company as it focuses on further growing its business in India and globally through product innovation, premiumisation and expansion into developed markets.
Sudarshan Venu, Chairman, TVS Motor Company, said, “This appointment marks an important step for TVS Motor Company as we prepare for the future. Peyman is an accomplished global leader with deep 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.
At TVS Motor Company, our values and culture are fundamental to who we are and how we operate. I am confident that Peyman will continue to build on these values and work towards our vision of transforming the quality of life of people across the world through mobility solutions that are exciting, responsible, sustainable and safe. I would also like to thank K. N. Radhakrishnan for his outstanding contribution to TVS Motor Company and the wider TVS VENU Group over many years. His leadership, passion, and commitment have helped shape the company into the strong organisation it is today. I am personally grateful for his valuable counsel, guidance and support.”
Peyman Kargar, President, International Business, TVS Motor Company, said: “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. As we do so, the guiding principles of the TVS Way and its values will always be the North Star. I will be focused on realising the company’s vision and strengthening our technology leadership, AI capabilities, commitment to quality, and customer centricity. Together, these principles have helped create a culture where individuals and teams can thrive, innovate and deliver exceptional outcomes. I look forward to working closely with our teams in India and around the world to strengthen our position in key markets, deliver for our customers and build on the foundations we have created.”
K. N. Radhakrishnan, Director & CEO, TVS Motor Company, said: “It has been a privilege to serve TVS Motor Company as CEO and work alongside an exceptional team. I am grateful for the support, commitment and dedication of colleagues across the business, whose efforts have shaped the company that we are today.
I am confident Peyman will lead TVS Motor Company with distinction and wish him every success in the role and I look forward to supporting a smooth transition over the coming months.”
Published on August 28, 2026
