Harley seeks alliance for lightweight bikes to grow India business
Updated : August 07, 2018 06:49 AM IST
Helped by rising discretionary spending, motorcycles sales in India are experiencing double-digit percentage growth, compared with tepid recent consumer demand in the United States.
The company had been criticised by US President Donald Trump over a plan move production for European customers overseas to avoid retaliatory tariffs in a trade dispute between the United States and European Union.
Analysts are sceptical of the profit targets as India is a highly cost-competitive market and lightweight bikes are historically lower-margin products.