Harley Davidson to Exit India

Harley-Davidson is pulling out their operations from the biggest bike market in the world. This iconic US-based bike brand is severely struggling to sustain its sales in India for very long. Hence, the brand is completely stopping their manufacturing operations as well as scaling down its sales reach in the country. This announcement has been made right after one week of Toyota’s similar declaration. These firms are discouraged to expand & sustain in India further owing to its high tax regime. The manufacturing plant of Harley was opened in 2011 with high expectations. However, the company is continuously struggling to stay afloat owing to high competition from Hero & Honda.