Harley Davidson India Exit
Harley-Davidson is pulling out of India the worlds biggest motorcycle market.
Harley davidson india exit. Harley Davidson Inc the cult bike maker is shutting down its factory in India due to low sales. Decade long business has shut now in India for brand Harley-Davidson. After a decade long business in India Iconic American motorcycle brand Harley-Davidson has decided to drive out from India.
But its 33 dealers have collectively sold just 25000 motorcycles since. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. Harley-Davidson exit India.
The company will undergo a. Harley-Davidsons India exit has left a number of people in the dark. Harley Davidson to exit India seeks local partner to serve existing customers.
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. Industry sources said the company is looking to tie up with a partner to run its business in the country. The company entered the Indian market in 2010.
Harley-davidsons exit from india The US premium motorcycle company has recently announced its departure from India the worlds second largest two-wheelers market. When Harley-Davidson entered India in 2010 it was the second-fastest growing two-wheeler market in the world behind China. Move part of Harley Davidsons global restructuring plan to cut costs.
FADA said that Harley dealers were not informed about the exit earlier and they received only a very minor compensation from the American company. Harley-Davidson is not the first American bike brand to see the end of the road in India. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.