Harley Davidson India Closure
Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers.
Harley davidson india closure. 08082020 - 1030 Harley Davidson Street 750 Harley Davidson Bike news Utkarsh. Harleys departure involves 75m 59m in restructuring costs around 70 redundancies and the closure of its Bawal plant in northern India. With the announcement of Harley-Davidson to close its India manufacturing facility the Federation of Automobile Dealers Association FADA called for the need for a Franchise Protection Act in the country to avert brands from abruptly closing their operations leaving their channel partners and customers in a fix.
According to Indian newspapers this information comes from a person who was involved in preliminary discussions regarding the plant closure. Harley-Davidson in India has hardly been able to sell around 27000 odd numbers of vehicles in the last 10 years in India. Harley-Davidson plans to close its manufacturing facility in Bawal and significantly reduce the size of its sales office in Gurgaon.
Two months ago Harley Davidson revealed a strategy to focus back into more profitable core markets such as the United States. Iconic American motorcycle maker Harley-Davidson Motor Co. The company is communicating with customers in India and will keep them.
Saying that it is closing its sales and manufacturing operations in India as it exits some international markets. Harley Davidson has issued a statement. The closure of Harleys operations in India will be a major blow to the Indian economy and especially Prime Minister Narendra Modi who is trying to lure international investors.
Iconic American motorcycle manufacturer Harley-Davidson may be closing shop in India soon. On Friday Automobile dealer body FADA said the closure of Harley Davidsons operations in India would lead to job loss for up to 2000 workers across the brands 35 dealerships. Harley-Davidson Inc is in advanced talks with Indias Hero MotoCorp for a distribution deal which will allow the US.
Harley-Davidson to shut down its manufacturing plant in India next month - Report. India is one of the companys weakest international markets. The move involves 75 million in restructuring costs some 70 redundancies and the closure of its Bawal plant in Haryana walking away from a.