Harley Davidson India Tie Up
What Harley-Davidson bike owners in India need to know.
Harley davidson india tie up. With the tie-up Hero MotoCorp will become the official distributor for Harley Davidson in the country via exclusive HD dealers existing Hero. UPDATED ON SEP 26 2020 0117 AM IST. One of the popular classic bike makers Harley Davidson will be bringing its bikes to India with the help of a tie-up with Hero MotoCorp.
To put it clearly Harley Davidsons fans are also in India but due to its price it is unable to find buyers harley davidson bikes in india due to which the company is incurring losses. A revolution of power and performance. Harley-Davidson may have shut down its plant in Haryana and announced the closure of its wholly-owned business in India but its not all bad news for fans of the American icon.
Harley-Davidson Hero MotoCorp tie-up could import and retail Harley bikes in India. And in FY2021 it fell to just 680 units - the decline was about 1185 units. The company says that the harley bikes business in India is proving to be a loss deal for them and that is why the company is now preparing to tie up the bag.
Harley-Davidson ties up with Hero for India market Premium The pact breathes fresh life into Harleys India ops as it had last month announced its decision to close manufacturing operations. The tie-up announced by Harley-Davidson with Hero MotoCorp is part of the corporate makeover by the American cruiser bike brand which involves exits from nearly 40 global markets. Harley did not take off in India due to the high price points Bajaj pointed out.
Harley-Davidson had last month announced its decision to close manufacturing operations in India due to sluggish volumes. Bajaj said they had succeeded with the KTM brand with sales of 300000 units a year and becoming the number one premium brand in the country. A legacy that began in 1957 the Sportster set speed records raced and won off-road and has inspired racers builders and riders for generations.
Hero MotoCorp has signed a pact with Harley-Davidson to develop and sell premium motorcycles under the Harley brand name in India. Harley-Davidson sales continue in India. Bajaj Auto rules out tie-up with Harley-Davidson.