Localization

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Automotive Parts Localization Expected to Save €74 Million
2021/12/14 20:21
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).
Localization Helps Cut Power Plant Repair Costs, Duration
2021/07/17 19:41
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.
Localization Projects to Curb IKCO Capital Flight by €133m
2021/04/25 18:03
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.
SAIPA Propels Localization With Help From IRGC, Army
2020/11/21 21:11
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.
SAIPA Propels Localization With Help From IRGC, Army
2020/11/19 18:41
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.
Auto Parts Localization Prevents Capital Flight Worth Over €130m
2020/10/01 18:50
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.
Gov’t to Invest Over $170m in Auto Localization R&D Project
2020/08/20 19:09
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.
Auto Parts Localization Could Save $2 Billion
2020/08/18 14:34
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.
IKCO Launches 175 Projects for Auto Parts Localization
2020/06/28 12:56
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.
IKCO Launches More Localization Projects
2019/12/03 15:36
EghtesadOnline: Carmaker Iran Khodro (IKCO) has launched nine localization projects to curb the company’s capital flight by at least €17.5 million annually.