Harley Davidson Announces India Exit
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 announces india exit. In 2019 the failure of Miami-based UM Motorcycles here led to a loss of over 150 crore to its dealers. Harley Davidson exits current biz model in India. This news didnt come as a surprise as it had been struggling with sales and revenue in.
American cult bike manufacturer Harley Davidson on Thursday said it is discontinuing its current business model in India. What is the reason for Harley-Davidsons near Exit from India. Iconic American motorcycle maker Harley-Davidson Motor Co.
India is the largest motor-cycle market in the world. Company is Cutting down staff and laying off 70 employees in India. Harley-Davidson made an announcement yesterday that it will be exiting the Indian market.
The company is planning to close its manufacturing facility in Bawal Haryana and significantly reduce the size of. There are no bikes to sell anymore. Harley Davidson Announces India Exit Its all over now said Singh a service representative.
Harley Davidson exits current business model in India. Motorcycle major announces exit as part of The Rewire plan to cut 70 jobs. About 13 of Indians own a two-wheeler of some brand.
Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers. Decade long business has shut now in India for brand Harley-Davidson. Harley-Davidson is not the first American bike brand to see the end of the road in India.