Harley Davidson India Closure

Saying that it is closing its sales and manufacturing operations in India as it exits some international markets.

Harley davidson india closure. 08082020 - 1030 Harley Davidson Street 750 Harley Davidson Bike news Utkarsh. Sadly India was one of those markets. Harley-Davidson to shut down its manufacturing plant in India next month - Report.

Harleys departure involves 75m 59m in restructuring costs around 70 redundancies and the closure of its Bawal plant in northern India. 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 in India has hardly been able to sell around 27000 odd numbers of vehicles in the last 10 years in India. 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. According to media information Harley-Davidson plans to close its plant in Bawal after almost ten 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 is closing its sole manufacturing facility in Bawal Haryana. India is one of the companys weakest international markets.

Two months ago Harley Davidson revealed a strategy to focus back into more profitable core markets such as the United States. Firms iconic motorcycles to be sold in India after it stops local manufacturing there three sources told ReutersThe Milwaukee-based company said on Thursday it will stop sales and shut its manufacturing plant in India effectively abandoning the worlds biggest motorcycle. 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.

According to Indian newspapers this information comes from a person who was involved in preliminary discussions regarding the plant closure. 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. The American brand opened doors in India back in 2009 and over their 10 years of operation in India they were one of the most established premium motorcycle manufacturers in the country.