Harley Davidson India Exit

The iconic American motorcycle brand has announced that it will be shutting down its sales and manufacturing operations in the country.

Harley davidson india exit. Industry sources said the company is looking to tie up with a partner to run its business in the country. Manufacturing and sales operation is shut down as part of global restructuring. Harley-Davidson to exit India On Sept.

Harley-Davidson made an announcement yesterday that it will be exiting the Indian market. 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. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers.

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. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under.

This news didnt come as a surprise as it had been struggling with sales and revenue in. The move is part of an overhaul in its global operating model. Harley-Davidson is pulling out of India the worlds biggest motorcycle market.

The company reported a 96 million loss between April 2020 to June 2020 which is the first quarterly loss for the motorcycle maker. The iconic US motorcycle brand is stopping manufacturing and massively scaling back its. 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 pulling out of India the worlds biggest motorcycle market. Harley-Davidson is ending operations in India as part of Rewire strategy. By Nachiket Kelkar September 24 2020 1906 IST.