The Chairman of
Industrial Development & Renovation Organization of Iran (IDRO) Mr. Mansour
Moazami says the number of auto parts exporting companies will increase from 15
to 60 during the post-JCPOA.

Addressing the
inaugural ceremony of the 12th International Auto Parts Exhibition in Tehran,
he said that after the JCPOA, it was decided that the number of auto parts
exporting companies which manufacture high-quality products would increase.

He said that 15
companies currently export their auto parts products and the number will reach
60.

He added that
in agreement with Renault Company it has been stipulated that those Iranian
auto parts manufacturers which manufacture high-quality products could export
their products.

Moazami noted
that Iran’s automotive industry has progressed significantly in recent years as
the industry manufactured more than 1.35m units of vehicles last year and the
figure will be enhanced to 1.6m this year.

Moazami who is
also deputy industry, mine and trade minister went on to say that the
automotive industry should materialize manufacturing of 3m units of vehicles by
2025.

He reacted to
some complains about the number of Chinese companies in the exhibition, adding
that the organizers cannot stop companies from attending the exhibition as the
exhibition is an opportunity for all countries and companies.

He admitted
that if local auto parts manufacturers want to compete in the global market,
they should merge or work together.

570
local and 510 foreign companies from 23 countries are participating in the
three-day exhibition which kicked off yesterday.

Turkey, China,
Taiwan, South Korea, India, Germany, the Netherlands, Italy, Denmark, Belgium,
Poland, the UAE, Austria, Australia, Spain, Japan, Sweden, France, UK,
Argentina, Romania, Brazil and Indonesia are present in the exhibition where
the new technology and equipment in auto-part manufacturing are put on display.

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