Harley Davidson India News

By Nikhil Inamdar BBC News India business correspondent.

Harley davidson india news. Harley Davidson came into India with much fanfare a decade ago. But it has since struggled to find a. Harley Davidson India Latest Breaking News Pictures Videos and Special Reports from The Economic Times.

Performance may vary by country and region. Harley-Davidson Managing Director Asia Emerging Markets and India Sajeev Rajasekharan said in a statement As we change our business model in India we are pleased to be continuing our journey in the country together with Hero MotoCorp. Harley-Davidson has revealed the updated prices for all its models for India.

It has been averaging under 3000 units a year compared to annual total new motorcycle sales of 11 million. As previously reported Harleys new CEO will focus on the brands core business and will be focused on several motorcycle markets including North America Europe and parts of the Asia-Pacific region. Despite an almost cult-like following in several markets besides the US Harley-Davidson has been facing financial difficulties for quite.

By Nikhil Inamdar BBC News India business correspondent. Image Cycle World. Explore more on Harley-davidson India.

Since its entry in the market in 2011 Harley-Davidson has only sold 25000 units. However it is expected to go on sale later this year and be priced at around Rs. India is the worlds largest motorcycle market.

Harley-Davidsons poor sales record and a dented demand outlook due to the coronavirus pandemic are to blame for the companys exit from India. According to AutoCar India OLA has already gotten orders worth Rs 1100 cr in a matter of two days. Values shown are nominal.