TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer
TVS Motor Company has appointed Peyman Kargar as its new CEO, effective January 2027, succeeding K. N. Radhakrishnan. The transition aims to support the company's global expansion and continued growth in the automotive sector.
Why it matters
Leadership changes in major automotive firms significantly impact market strategy and global manufacturing trends.
TVS Motor Company, part of TVS VENU and a leading global manufacturer of two and three-wheelers, today announced the appointment of Peyman Kargar as Director and Chief Executive Officer, effective January 27, 2027.
Peyman 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. He has been a tremendous leader and played a pivotal role in the growth of TVS Motor Company.
The leadership transition comes as TVS Motor Company builds on strong business performance and continues to consolidate its position in India and expand its global presence. In FY2025-26, the company achieved a record performance, selling 5.9 million vehicles globally and delivering 30% revenue growth.
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