Iranian component manufacturers have faced many problems over the last two years, due to restrictions imposed by sanctions and the coronavirus pandemic.
However, despite these conditions, component producers planning to increase output and export are hampered by challenges related to liquidity, as they acutely require working capital.
Price controls of vehicles, which kept prices of auto parts low in contracts with automakers, have exacerbated these problems.
Donyaye Khodro interviewed Hamid Reza Pourshowqi, CEO of Yektarasa Sazeh Component Manufacturer Company, a manufacturer of all kinds of car electrical parts.
January 01, 2022 19:37
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Component Makers Grappling With Liquidity Challenges
Component producers’ biggest problem is working capital, which prevents them from increasing their output and exporting their products
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