Monday, October 19, 2020

Why did Harley-Davidson leave the largest motorcycle market in the world?


 

As part of the Rewire policy of providing a leaner operational model, legendary U.S. motorcycle company Harley-Davidson  has agreed to abandon India-the world's largest motorcycle market.

India is a market with high volumes and low margins. To play the game, they were not structured, being at the very pointy end of the pyramid. In India, the lifestyle aspect that goes with owning a Harley bike is not completely established yet.

The firm could not beat Royal Enfield's affordability, which dominates the luxury motorcycle market. In India, Harley's bikes started at INR 450,000  compared to the lighter Royal Enfield vehicles that sold for INR 200,000 .

In accordance to the above discussed reasons and with Covid pandemic affecting the existing poor sales no.s has made Harley the iconic American cruiser bike brand to quit from India to avoid bankruptcy 

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