Harley Davidson India Closure

Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers.

Harley davidson india closure. Automobile dealer body FADA on Friday said the closure of Harley Davidsons operations in India would lead to job loss for up to 2000 workers across the brands 35 dealerships. The phase-out could involve 75m in restructuring costs and job losses for Harleys 70 remaining employees in India. Harley-Davidson exits India shuts production.

Harley-Davidson to shut down its manufacturing plant in India next month - Report. The closure has dealt a blow to Indias ambitions to lure manufacturers a campaign modeled on Chinas success called Make in India It has set back Harley-Davidsons efforts to expand. The closure of Harleys operations in India will be a major blow to the Indian economy and especially Prime Minister Narendra Modi who is trying to lure international investors.

Harley-Davidson Inc is in advanced talks with Indias Hero MotoCorp for a distribution deal which will allow the US. Harley-Davidson Inc had announced in September 2020 to discontinue its sales and manufacturing operations in India effectively abandoning the worlds biggest motorcycle market after a decade of unsuccessful efforts to gain a foothold. The demand for Harley-Davidson bikes has steadily decreased in India in the last few years.

Within a month of completing its decade-long journey in India Harley-Davidson finally plans to exit the Indian market and close down its factory in Haryana. The company said in a statement on Thursday that it will close its Bawal factory in northern India and significantly reduce the size of its sales office in Gurgaon near Delhi. Saying that it is closing its sales and manufacturing operations in India as it exits some international markets.

According to Indian newspapers this information comes from a person who was involved in preliminary discussions regarding the plant closure. United States President Donald Trump has previously complained about Indias high taxes specifically mentioning the levies placed on Harley-Davidson bikes. India is one of the companys weakest international markets.

The natural impact is coming into the critical dealer development functioning that would be run by a junior executive and as per internal sources Harley would be closing its India plant next month. Two months ago Harley Davidson revealed a strategy to focus back into more profitable core markets such as the United States. The closure of Harley Davidson operations in India will impact 2000 workers and 35 dealerships says the Federation of Automobile Dealers Associations FADA.