Harley-Davidson seeks alliance for lightweight motorcycles to grow India business
Industry sales are projected to grow 25 percent a year in Asia`s third-largest economy in the 250cc to 500cc segment through 2021. "We realise that we as a company have been very focussed on large heavyweight motorcycles and our expertise in the 250-500cc space needs to grow," Marc McAllister, vice president of product portfolio at Harley-Davidson, told Reuters in an telephone interview on Friday.
Lured by the enticing growth prospects, British motorcycle maker Triumph and Germany`s BMW have partnered with Indian companies Bajaj Auto and TVS Motor , respectively. Image source: Reuters