Harley Davidson India Closure
Iconic American motorcycle manufacturer Harley-Davidson may be closing shop in India soon.
Harley davidson india closure. The phase-out could involve 75m in restructuring costs and job losses for Harleys 70 remaining employees in India. Iconic American motorcycle maker Harley-Davidson Motor Co. Harley Davidson officially announces the closing of their India.
According to media information Harley-Davidson plans to close its plant in Bawal after almost ten years. Has decided to exit India its departure dropping the curtain on a troubled stint in a lucrative market for two-wheelers. 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.
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. 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. India is one of the companys weakest international markets.
On Friday Automobile dealer body FADA said the closure of Harley Davidsons operations in India would lead to job loss for up to 2000 workers across the brands 35 dealerships. United States President Donald Trump has previously complained about Indias high taxes specifically mentioning the levies placed on Harley-Davidson bikes. 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.
Sadly India was one of those markets. Harley Davidson came to India ten years ago in 2010 with just five locations. Saying that it is closing its sales and manufacturing operations in India as it exits some international markets.
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. 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. It is leaving behind thirty-three dealership touchpoints a number it grew over six times over the last decade and the last of which was added as recently as December 2019.