Harley Davidson India Closure
The move involves 75 million in restructuring costs some 70 redundancies and the closure of its Bawal plant in Haryana walking away from a.
Harley davidson india 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. With the announcement of Harley-Davidson to close its India manufacturing facility the Federation of Automobile Dealers Association FADA called for the need for a Franchise Protection Act in the country to avert brands from abruptly closing their operations leaving their channel partners and customers in a fix. 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.
The closure has dealt a blow to Indias ambitions to lure manufacturers a campaign modeled on Chinas success called Make in India It has set back Harley-Davidsons efforts to expand. Saying that it is closing its sales and manufacturing operations in India as it exits some international markets. Two months ago Harley Davidson revealed a strategy to focus back into more profitable core markets such as the United States.
Sadly India was one of those markets. Harleys departure involves 75m 59m in restructuring costs around 70 redundancies and the closure of its Bawal plant in northern India. The closure of Harley Davidson operations in India will impact 2000 workers and 35 dealerships says the Federation of Automobile Dealers Associations FADA.
Harley-Davidson Inc is in advanced talks with Indias Hero MotoCorp for a distribution deal which will allow the US. Harley-Davidson the iconic American motorcycle manufacturer is shutting shop in India after a decade of trying to crack into the worlds largest bike market. The Harley-Davidson dealer network will continue to serve customers through the contract term.
It is 2020 and the American cult motorcycle maker has shut shop in the country. On Thursday the iconic American motorcycle giant said it is discontinuing sales and manufacturing operations for its motorbikes 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.
Harley-Davidson plans to close its manufacturing facility in Bawal and significantly reduce the size of its sales office in Gurgaon. According to media information Harley-Davidson plans to close its plant in Bawal after almost ten years. Harley Davidson officially announces the closing of their India.