Economy, Auto

Auto Exhibition in Tehran

Auto Exhibition in TehranAuto Exhibition in Tehran

The Fifth International Tool and Die and Raw Material Exhibition is underway in Tehran (Sept. 26-29).

The event has been organized by SAPCO, the main automotive part supplier of Iran Khodro Company; 108 local firms are attending alongside 30 foreign companies, the local automotive website Asre Khodro reported.

Foreign firms from Turkey, Germany, Portugal, South Korea, Switzerland, Italy and China are participating. Seminars and educational workshops have also been planned.

For the second consecutive year, SAPCO is hosting the exhibit which aims to help forge new partnerships, so that the quality of local car parts improves, and accelerate the process of Iran becoming an independent auto parts manufacturer. Iran Khodro’s subsidiary part makers and Peugeot Group held a joint meeting early in September.

With new automotive joint ventures underway, Iran’s auto part makers are expected to bag more orders and this intensifies the need for improving local production and meeting global standards.