TVS Motor appoints Peyman Kargar as new CEO from January 2027

TVS Motor Company Limited has announced a planned succession at its helm, appointing Peyman Kargar as chief executive officer from January 2027. The appointment marks a significant transition for the Chennai-based two and three-wheeler manufacturer as it charts its strategic direction for the coming years.

K N Radhakrishnan, the current CEO, will continue in his role until Kargar assumes charge on January 1, 2027. Following the transition, Radhakrishnan will shift to a non-executive director position, allowing for a structured handover of responsibilities and continuity in the company's governance.

The succession plan reflects TVS Motor's commitment to leadership stability during a period of industry transformation. The announcement comes as two and three-wheeler manufacturers in India navigate shifting consumer preferences, regulatory changes, and technological innovation in mobility solutions.

Kargar's appointment is expected to bring fresh perspectives to TVS Motor's growth strategy as the company operates in a competitive market facing evolving dynamics in the automotive sector. The company has not disclosed additional details regarding Kargar's background or previous experience at this stage.