15/09/2026
TVS Motor Company Appoints Peyman Kargar as Director and Chief Executive Officer
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 the effective date to ensure a seamless leadership transition. Following the transition, Radhakrishnan will serve as Non-Executive Director until the ensuing Annual General Meeting (AGM) scheduled for July 2027. During his tenure, Radhakrishnan has been a tremendous leader and played a pivotal role in the growth and transformation of TVS Motor Company.
The leadership transition comes as TVS Motor Company builds on strong business performance and continues to strengthen its position in India while expanding its global presence. In FY2025–26, the company delivered a record performance, selling 5.9 million vehicles globally and achieving 30% revenue growth.
Steering the Next Phase of Growth and Innovation
Peyman currently serves as President, International Business at TVS Motor Company. 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.
His experience spans the automotive value chain, including product development and R&D, manufacturing, quality, sales and marketing, giving him broad insight into the factors that drive long-term success in the mobility industry.
Under his leadership, TVS Motor Company's International Business has become an increasingly important contributor to the company's global expansion. The business currently accounts for 29% of the company's sales volume and is growing at 33%.
As CEO, Peyman will lead TVS Motor Company through its next phase of growth, with a focus on expanding its business in India and international markets through product innovation, premiumisation and expansion into developed markets.
