Harley Davidson associated with ICICI Bank

US based high powered motorcycles producer, Harley Davidson has recently associated with ICICI Bank which will provide finance facilities to its potential customers in India. Furthermore, the company has also established its new sales outlets in Hyderabad and Chandigarh, and now looking forward to open their four new outlets in the country including Chennai, Kolkata, Gujarat and Kerala by 2011.  Presently, the company has 12 new cruiser motorcycles which are available between Rs. 6.90 lakh to 35 lakh. Besides, Harley Davidson has sold its first motorcycle in Andhra Pradesh on the occasion of opening ceremony of new outlet, the Telgu film actor, N. T. Rama Rao Jr. has purchased its first model in Andhra and becomes first owner of Harley Davidson Bike in the state.

Anoop Prakash, MD of Harley-Davidson India, said, ""We have made an arrangement with ICICI Bank for making available finance to buyers for our bikes." Anoop further added that the company is also planning to open its three more outlets in Delhi, Mumbai and Bangalore in this current financial year (2010-11). The company has still not firmed up its target about how many bikes it would sell in the country. "We have not set any target in terms of sales in the country because this segment exceeding 800cc and above is very new to the country and we will have to see how the volumes grow," he said. Meanwhile, Another major massive motorcycles manufacturers are accelerating to introduce their new higher bike range in the Indian auto market such as Suzuki Gladius, Honda VFR 1200F and Ducati Bikes.