Import of Brake Pads Undermines Domestic Investment, Production
EghtesadOnline: The import of foreign automotive parts, such as brake pads that have competitive domestic counterparts is damaging the domestic component industry and should be stopped.
While domestic manufacturers are producing high quality and cost-effective car parts, such as brake pads, some companies are importing components that have an Iranian counterpart and disrupting the domestic market, according to the secretary of Iran's Brake and Clutch Manufacturers Association.
“According to the laws and regulations, the import of brake pads that have domestic counterparts is considered a violation, but unfortunately, many are importing this part through deceptive means," Masoud Hassanpour was also quoted as saying by Donyaye Khodro.
The presence of brake pad manufacturers and distributors in the 17th International Exhibition of Automotive Parts held in Tehran on Oct. 31-Nov. 3 was striking, given their high capacity and significant investment