Harley Davidson India Exit
Iconic American motorcycle maker Harley-Davidson Motor Co.
Harley davidson india exit. The company entered the Indian market in 2010. Harley Davidson logo AP. American cult bikemaker Harley-Davidson often used by US President Donald Trump in trade diplomacy with India is shutting down its only factory in India on below-par business as it.
The company reported a 96 million loss between April 2020 to June 2020 which is the first quarterly loss for the motorcycle maker. Harley-Davidson is pulling out of India the worlds biggest motorcycle market. American bike maker Harley-Davidson is shutting down its India operations as a part of its restructuring plan referred to as The Rewire under.
Company is Cutting down staff and laying off 70 employees in India. Manufacturing and sales operation is shut down as part of global restructuring. 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.
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. 24 Harley-Davidson said that it had decided to shut down its only factory in India due to low sales volumes.
By Nachiket Kelkar September 24 2020 1906 IST. Harley-Davidson to exit India On Sept. The iconic American motorcycle brand has announced that it will be shutting down its sales and manufacturing operations in the country.
Harley Davidsons decision to exit India came as a bolt out of the blue for both customers and dealers. Harley-Davidson is ending operations in India as part of Rewire strategy. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers.