Harley Davidson India Exit
Harley-Davidsons India exit has left a number of people in the dark.
Harley davidson india exit. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. 70 employees to be axed. Harley Davidson logo AP.
Harley-Davidson Inc said on Thursday it would discontinue its sales and manufacturing operations in India effectively abandoning the worlds biggest motorcycle market after a. Harley-Davidson Exits India in Latest Setback By. Company is Cutting down staff and laying off 70 employees in India.
When Harley-Davidson entered India in 2010 it was the second-fastest growing two-wheeler market in the world behind China. After a decade long business in India Iconic American motorcycle brand Harley-Davidson has decided to drive out from India. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers.
Harley-davidsons exit from india The US premium motorcycle company has recently announced its departure from India the worlds second largest two-wheelers market. US bike maker Harley-Davidson has announced that it will discontinue sales and manufacturing operations in India as part of its rewire program in the wake of the Covid-19 pandemic. Harley-Davidson is ending operations in India as part of Rewire strategy.
In 2019 the failure of Miami-based UM Motorcycles here led to a loss of over 150 crore to its dealers. Harley Davidson to exit India seeks local partner to serve existing customers. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.
But the dismay goes far beyond just money lost because for many this is a harsh and abrupt end to a passionate 10-year old love affair. The brands network in India is now watching for what its new innings with Hero MotoCorp may bring. Its dealers are heavily hit.