TVS Motor names Peyman Kargar CEO to steer global expansion from January 2027
TVS Motor has appointed Peyman Kargar, its international business president, as Director and CEO effective January 27, 2027. The company is targeting deeper overseas growth, developed-market expansion, AI-led initiatives and premiumisation after FY2025-26 sales reached 5.9 million vehicles.
What happened
TVS Motor Company · TVS Motor appointed international business president Peyman Kargar as CEO from January 27, 2027, succeeding K. N. Radhakrishnan. He will
Key facts
- Peyman Kargar takes charge as Director and CEO on January 27, 2027
- FY2025-26 vehicle sales: 5.9 million worldwide
- FY2025-26 revenue growth: 30%
- International business share of sales volume: 29%
- International business growth: 33%
- Kargar has over 30 years of automotive experience
- K. N. Radhakrishnan to remain Non-Executive Director until AGM in July 2027
Why this matters
Kargar’s international remit could accelerate TVS Motor’s pursuit of developed-market distribution alliances, technology partnerships and targeted deals that strengthen premium and AI-enabled mobility capabilities.
What to watch
- Export volume and revenue growth versus domestic sales growth in FY2026-27 and FY2027-28.
- Changes in overseas dealer count, distributor agreements, flagship-store openings and local assembly commitments.
- Premium-model mix, average selling price and gross-margin trend.
- New product homologations and launches in Europe, North America or other developed markets.
- International EV strategy, battery partnerships and connected-service launches.
- Management appointments reporting to Kargar and the stated role of K. N. Radhakrishnan after the July 2027 AGM.
- R&D, brand-marketing and capex guidance indicating the scale of expansion investment.
- Announce a refreshed international-market strategy with priority countries, distribution formats and local assembly or sourcing plans.
- Increase launches of premium motorcycles, performance scooters and electric vehicles aimed at export and developed-market consumers.
- Recruit regional commercial, brand, digital and dealer-development leadership under the incoming CEO.
- Expand strategic dealer partnerships and flagship retail formats in Europe, Latin America, ASEAN, the Middle East and selected developed markets.
- Accelerate AI use cases in supply-chain planning, retail lead conversion, connected services and predictive maintenance.
- Clarify capital-allocation priorities and management continuity ahead of the July 2027 AGM transition.