Harley Davidson India Exit News
Harley-Davidson to conserve cash in midst of Covid-19 crisis India is the worlds biggest market for motorcycles and scooters with more than 17 million sold last year according to the Society of.
Harley davidson india exit news. Harley-Davidson is ending operations in India as part of Rewire strategy. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. The brand will close its manufacturing facility in Bawal.
American cult bike maker Harley-Davidson has decided to shut down its India factory as business remains sluggish and sales are hard to come by. Prices shown are Ex-showroom Delhi. Values shown are nominal.
In April 2007 the then Indian government had relaxed emission and testing norms paving the way for import of Harley Davidson bikes to India in return for allowing mango exports from the country to the US. The iconic US motorcycle brand is stopping manufacturing and. Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers.
It has been in the Indian market for nearly a decade but has so far managed to sell only 27000 bikes barely half of what the countrys segment leader Royal Enfield sells in a month. Dealer prices may vary. The announcement comes as part of the Rewire strategy.
Harleys exit from. The cult bike makers decision to exit India will mean 70 employees will be left redundant the company said. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.
The iconic American motorcycle brand has announced that it will be shutting down its sales and manufacturing operations. 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. Indian dealers of Harley-Davidson have threatened to drag the American bike-maker to court for closing shop in the.