The procurement of raw materials and key components in Iran’s auto parts manufacturing sector has been beleaguered by US sanctions, but the domestic technology ecosystem stepped in to help overcome the limitations.
The newest achievement pertains to an Iranian knowledge-based firm that has indigenized over 10 raw materials for the production of automotive parts since the beginning of the current Iranian year (March 2021).
The accomplishment of Mehr Cam Pars Company, a manufacturer of auto body parts for the major automaker Iran Khodro Company (IKCO), came in the wake of collaboration with tech teams from Tehran’s Amirkabir University of Technology and Isfahan University of Technology, Ikcopress.ir reported.
Morteza Mohammadi, MCPC’s CEO, told reporters that his company has achieved over 90% self-sufficiency in polymer parts production.
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