tag Localization

Automotive Parts Localization Expected to Save €74 Million

EghtesadOnline: Iran’s major automaker Iran Khodro Company (IKCO) has helped save €69 million through the indigenization of auto parts production since the beginning of the current Iranian year (March 21).
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Publish Date:14/December/2021 | 16:51

Localization Helps Cut Power Plant Repair Costs, Duration

EghtesadOnline: Close to 200 parts used in Ramin Power Plant in Ahvaz, Khuzestan Province, have been repaired by technicians of the power station in the spring, managing director of the plant said.
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Publish Date:17/July/2021 | 15:11

IKCO Launches More Localization Projects

EghtesadOnline: Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually.
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Publish Date:03/December/2019 | 24:06

SAIPA Propels Localization With Help From IRGC, Army

EghtesadOnline: Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.
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Publish Date:21/November/2020 | 17:41

SAIPA Propels Localization With Help From IRGC, Army

EghtesadOnline: Iran’s major automaker SAIPA is implementing 81 projects to localize high-tech auto parts, hoping to curb the sector’s dependency on foreign suppliers.
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Publish Date:19/November/2020 | 15:11

Auto Parts Localization Prevents Capital Flight Worth Over €130m

EghtesadOnline: Major Iranian carmaker Iran Khodro Company (IKCO) has curbed capital flight to the tune of €137 million through the localization of 54 auto parts in the first six months of the current Iranian year (March 20- Sept. 21), a senior company official said.
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Publish Date:01/October/2020 | 15:20

Gov’t to Invest Over $170m in Auto Localization R&D Project

EghtesadOnline: Iran’s Industries Ministry plans to invest 40 trillion rials ($173.9 million) in a research and development project aimed at localizing key auto parts, a deputy industries minister said.
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Publish Date:20/August/2020 | 14:39

Auto Parts Localization Could Save $2 Billion

EghtesadOnline: Iranian auto industries can reduce capital flight by $2 billion, if the government were to support their localization efforts, secretary of Iranian Auto Parts Manufacturers Association says.
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Publish Date:18/August/2020 | 10:04

IKCO Launches 175 Projects for Auto Parts Localization

EghtesadOnline: In line with efforts to deepen the localization of auto parts production, 175 projects have been launched by Iran’s major carmaker Iran Khodro (IKCO), the company’s CEO said.
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Publish Date:28/June/2020 | 08:26