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  • 29-06-20

    Iran presents schemes, supports for domestic automobile parts manufacturers

    (MENAFN) On Sunday June 28 Eghtesad Online news website accounted that Iran's major car manufacturer Iran Khodro (IKCO) has initiated 175 schemes to connect domestic automobile parts manufacturers.

    Farshad Moqimi CEO of IKCO was quoted as stating that to this end, Iran's Tejarat Bank has decided with the IKCO to economically support small and medium-sized domestic automobile parts manufacturers.

    The schemes contain manufacture of a big figure of key parts for traveler and profitable vehicles at IKCO auto manufacture lines.

    Moqimi added that localization of automobile parts will generate occupations and reduce the country's dependence on foreign resources, as well saving forex reserves.


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