Harley Davidson Quit India
Harley-Davidson quitting India as part of Rewire strategy.
Harley davidson quit india. Ended Operation September 2020. Harley-Davidson to exit India On Sept. The US-based iconic luxury motorcycle company Harley Davidson was founded in 1903 and became very popular and has a good customer base all over the world.
Reuters While the report indicates that the company will restructure its operations in the country it is unlikely that it will quit the market completely. India dropped the tariffs on Harley motorcycles from 75 to 50 in 2018. Harley is not the only company to have exited India.
After a long ride Harley-Davidson is leaving India The closure has dealt a blow to Indias ambitions to lure manufacturers a campaign. The brands network in India is now watching for what its new innings with Hero MotoCorp may bring. The company entered the Indian market in 2010.
Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers. Other on the list include General Motors and MAN Trucks while Ford has also quit solo operations and has joined hands with Mahindra Mahindra. Harley-Davidson is shutting down its sales and manufacturing operations in India as part of its strategy to reduce costs and refocus its efforts on more profitable markets.
Also foreign companies are. Harley-Davidson Inc said on Thursday it would discontinue its sales and manufacturing operations in. No other brand competes with Harley Davidson in the luxury cruiser bike segment.
The American company which primarily produces large-capacity cruisers recently announced its exit from India citing consistently low levels of demand for its bikes which made it unviable for Harley to continue running its manufacturing and assembly operations in Bawal Haryana. Still the government charges an additional 31 tax on two-wheelers one of the highest in the world. Another latest automobile company to join the bandwagon of auto companies exiting India is the famous Harley Davidson.