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- Sources say Davidson’s factory in India will be closed.
- There are also reports that Davidson may continue to sell bikes in the country by marrying the country’s motorcycle company ‘Hero MotoCrop’.
- However, it is certain that the factory remains in this country.
In fact, if Harley-Davidson pulls out of India, it will be the second American company to decide to close its factories in India. In early 2016, the American automotive company General Motors also sold its Gujarat plant. However, Harley-Davidson authorities have yet to comment publicly on the matter.
The Harley Davidson path in India is not what it is today. This famous American motorcycle company started its activity in India about a decade ago. But there is no such market in India. Corona is at the bottom of the business situation. So, Harley-Davidson authorities are talking to various auto companies about outsourcing. According to the source, the idea of selling the Harley Davidson factory in Bawale, Haryana is almost in its final stage.
According to sources, after leaving India, Harley-Davidson authorities want to open businesses in 50 new locations. And that list includes locations in North America, Europe, and Asia Pacific in particular. The company wants to make up for the loss of business in India by doing business in new places.
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Harley-Davidson’s second quarter report said: “Sales in the international market have fallen drastically. The amount of profits has also dropped a lot. Therefore, wherever the company faces losses, it is considering going out of business. According to company sources, Harley-Davidson sold less than 2,500 units in India in the last financial year. However, the company has not yet commented on the closure of the plant in India and has only said that “it should not be make any decision based on speculation. “
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