Harley Davidson India Exit
Harley-Davidson Exits India in Latest Setback By.
Harley davidson india exit. 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 maker of the Renegade cruiser too cited poor sales and low demand as the reason for its exit. 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 not the first American bike brand to see the end of the road in India. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. By Nachiket Kelkar September 24 2020 1906 IST.
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. September 24 2020 739 AM EDT Motorcycle maker says it will dismiss another 70 employees.
Harley-Davidsons India exit has left a number of people in the dark. The company is reportedly paying a compensation package of 1500 per sqft. 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.
When Harley-Davidson entered India in 2010 it was the second-fastest growing two-wheeler market in the world behind China. Harley Davidson Inc the cult bike maker is shutting down its factory in India due to low sales. Industry sources said the company is looking to tie up with a partner to run its business in the country.
American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. 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.