Domestic production of auto parts to save Iran €300m in a year

TEHRAN- Domestic production of auto parts is estimated to save Iran €300 million during the current Iranian calendar year (ends on March 20, 2021), deputy industry, mining, and trade minister for industry affairs announced.

By Mahnaz Abdi

Knowledge-based companies to help car industry nullify sanctions

While Iran is considering knowledge-based economy a strong tool to compensate for the losses caused by the sanctions, the country is seriously supporting knowledge-based companies and startups, also cementing relationship between domestic universities and industry sector.

Auto part makers calling for Industry Ministry’s new policies

TEHRAN- Domestic auto part manufacturers want Industry Ministry to make new policies that facilitate their activities, the secretary of Iranian Auto Part Manufacturers Association told IRNA on Saturday.