India Market Watch: Harley-Davidson Targeting Tier-II Cities, Uttar Pradesh Wins Bollywood’s Bucks

Posted by Reading Time: 4 minutes
market watch
Startups in Delhi winning in race for investors

According to data collected by LetsVenture, startups in the Delhi National Capital Region (NCR) – which includes the capital Delhi and its satellites Gurgaon and Noida – have closed more investment deals over the past year than their counterparts in Bangalore. According to the data, 328 startups in the NCR received investments, in comparison to only 261 in Bangalore. However, the investments in the NCR totaled US$2.50 billion, in contrast to the US$2.52 billion that startups in Bangalore received.

Although Bangalore has long stood as the startup capital of India, Delhi has become increasingly competitive because of its investment ecosystem. Delhi hosts a number of leading higher education facilities, is in close proximity to the political capital of the country, and a high number of investment firms maintain their offices in Delhi.

Professional Service_CB icons_2015RELATED: Payroll & Human Resource Administration Services from Dezan Shira & Associates
Harley-Davidson targets Tier-II cities for growth

Harley-Davidson India, a wholly-owned subsidiary of the US motorcycle manufacturer, has announced plans to expand into Tier-II cities in India. A spokesperson for the subsidiary said the company was enjoying most of its sales in 26 showrooms across major cities like Delhi, Mumbai and Bangalore, but that the company intended to build at least four dealerships in Tier II cities during 2017.

The spokesperson said that the company currently holds an estimated 60 percent of the superbike market, a component of the automotive industry, after establishing itself in Gurgaon (Haryana state) in 2009. Two years later, Harley-Davidson set up an assembly unit in Bawana, Haryana – the first assembly unit the company had constructed outside of the US.

Related Link Icon-IBRELATED: Pre-Investment, Market Entry Strategy Advisory Services from Dezan Shira & Associates
Uttar Pradesh wins Bollywood’s bucks

Uttar Pradesh’s Film Development Council (FDC) reports that an estimated 180 filmmakers have applied to shoot in the state after its government introduced a number of business friendly measures. In October 2015, Chief Minister Akhilesh Yadav introduced an online portal, single-window clearance system, and a variety of subsidies to encourage the film industry to make films in the state.

Although many provincial governments across the world use these kind of incentive schemes to incentivize film production, domestic media reports claim that Uttar Pradesh is the only state in India with such a comprehensive policy. Arunachal Pradesh and Meghalaya, the two northeastern states, are reportedly developing a similar approach to the film industry. 

About Us

Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email or visit

Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight.

Related Reading-IB


dsa brochure

Dezan Shira & Associates Brochure

Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing legal, tax and operational advisory to international corporate investors. Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. This brochure provides an overview of the services and expertise Dezan Shira & Associates can provide.

 An Introduction to Doing Business in India 2017

An Introduction to Doing Business in India 2017 is designed to introduce the fundamentals of investing in India. As such, this comprehensive guide is ideal not only for businesses looking to enter the Indian market, but also for companies who already have a presence here and want to stay up-to-date with the most recent and relevant policy changes.

Strategies for Repatriating Funds from India

In this issue of India Briefing Magazine, we look at issues related to repatriating funds from India. We highlight the unique regulations for sending funds back from India, examine the various strategies companies can make use of while repatriating, and look at remittance procedures for different types of Indian entities. Finally, we give some tips on how expats can remit their Indian money to their home countries.