Harley Davidson India Exit News

As part of the global rejigging Harley-Davidson is likely to make Thailand its main hub for Asia Pacific due to the southeast Asian countrys competitive tax regime the sources said.

Harley davidson india exit news. Harley-Davidson will shut down sales in India. Indian dealers of Harley-Davidson have threatened to drag the American bike-maker to court for closing shop in the. The announcement comes as part of the Rewire strategy.

The company entered the. From its entry to exit Harley-Davidsons journey in the country witnessed governments of India and the US using it as a bargaining chip. Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers.

In 2010 Harley-Davidson enters into Indian motorcycle market and in 10 years Harley managed to sold 25000 units only. Of the actions approved from August 6 2020 through September 23 Harley-Davidson expects to incur restructuring expenses of around 75 million in 2020 of which approximately 80 per cent are expected to be cash expenditures including. As per the announcement this exit is part of a global restructuring strategy.

The iconic US motorcycle brand is stopping manufacturing and. What is the reason for Harley-Davidsons near Exit from India. 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.

The aim of this Rewire strategy is to restructure costs and focus more on 50 0f the companys high growth. Harley-Davidson to scale down India operations but wont exit market 22 Aug 2020 0951 AM IST. Royal Enfield has successfull y created an affordable but strong brand alternative to Harley-Davidson.

The iconic American motorcycle brand has announced that it will be shutting down its sales and manufacturing operations. The brands network in India is now watching for what its new innings with Hero MotoCorp may bring. Harley-Davidson is pulling out of India the worlds biggest motorcycle market.