Localization
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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…
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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…
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Localization Projects to Curb IKCO Capital Flight by €133m
EghtesadOnline: Iran's largest automaker, Iran Khodro (IKCO), has implemented 125 localization projects in various fields, which are expected to reduce capital flight by €133 million per year.
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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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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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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…
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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…
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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…
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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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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.