Harley Davidson India Exit
Harley-Davidson made an announcement yesterday that it will be exiting the Indian market.
Harley davidson india exit. Harley Davidson to exit India seeks local partner to serve existing customers. Industry sources said the company is looking to tie up with a partner to run its business in the country. Harley-Davidson to exit Indian market.
Decade long business has shut now in India for brand Harley-Davidson. This exit is part of the companys decision to get out of all those markets that are showing. The iconic US motorcycle brand is stopping manufacturing and massively scaling back its.
Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. Harley-Davidson exit India. But its 33 dealers have collectively sold just 25000 motorcycles since.
The maker of the Renegade cruiser too cited poor sales and low demand as the reason for its exit. Manufacturing and sales operation is shut down as part of global restructuring. In 2019 the failure of Miami-based UM Motorcycles here led to a loss of over 150 crore to its dealers.
Harley Davidson ends India operations 70 employees to be laid off Only last August the company completed a decade in the market but longevity is. 70 employees to be axed. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.
The brands network in India is now watching for what its new innings with Hero MotoCorp may bring. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. Harley-Davidson Exits India in Latest Setback By.