Harley-Davidson halted its manufacturing in India and also its sales operations. The company expects to report $75 million in additional restructuring costs for 2020, which includes stalling its India operations.
As per the company’s statement, “Between August 6, 2020 and September 23, 2020, the Company approved commitments to additional restructuring actions under The Rewire related to optimizing its global dealer network, exiting certain international markets, and discontinuing its sales and manufacturing operations in India.”
Earlier, Harley-Davidson had announced shifting its focus towards profitable motorcycles and certain core markets like the United States.
The company also said that it planned to reduce its product portfolio and exit lower volume markets, which now happens to be India.