Harley Davidson is the latest to join the list of global auto companies exiting India in last five years — Here’s a closer look

• The Indian auto space has always been a tough space for the foreign carmakers, and over half a dozen companies have exited India over the past decade.
• These are the global auto companies that have ceased its India operations in the past five years.
• Check out the latest news and updates on Business Insider.

Harley Davidson made headlines yesterday after the company announced its plan to exit India and significantly reduce the size of its sales office in Gurgaon. But Harley is not the first one to cease its operations in India. The Indian auto space has been a grim space for the foreign carmakers due to a myriad of factors, including tough competition, rising debt and poor brand recall. More than half a dozen companies have exited India over the past decade.

In fact, four global auto majors exited India last year, on the back of dismal sales due to high prices. Owning a car or premium bike is still a luxury in India, and less than one-third of the population can afford it.

These are the global auto companies that have ceased Indian operations in the past 5 years: