Industry

IKCO, Peugeot to launch joint venture soon

Deputy industry minister said Iran Khodro Industrial Group and Peugeot Car Company will officially launch joint cooperation in late April.

Iran to Host 65 International Exhibitions

Iran plans to host 65 international exhibitions and 7 local ones in the current Iranian calendar year, which started on March 21, 2016.

Iran says Boeing team coming to Tehran

Iran says a top-level delegation from global aviation giant Boeing will arrive in the country within the next days to discuss potential areas of cooperation with Iranian companies.

Iran inks agreements with foreign pharmaceutical companies

Iran has signed agreements with major drug producing companies for medicine production, said Head of Iranian Drug Producers Association Naser Riyahi.

Iran Khodro sees imminent Mercedes deal

Iran Khodro expects to sign a commercial deal with Mercedes-Benz within the next six months, the CEO of the Middle East’s biggest carmaker says.

World’s Most Powerful Hybrid Car Built by British-Iranian Brand

Arash Motor Company unveiled the world’s most powerful hybrid car at the renowned Geneva Motor Show.

Giant Gas Projects Confirm IRGC’s Engineering Power: Commander

Commander of the Islamic Revolution Guards Corps (IRGC) Major General Mohammad Ali Jafari said development of the phases 15 and 16 of the South Pars gas field in southern Iran was a testimony to the IRGC’s engineering skills and technical expertise.

South Korea to build steel mill in Iran

South Korean steelmaker POSCO - the world's sixth-biggest steel producer - has announced a plan to help build a $1.6 billion steel mill in southeastern Iran.

Rouhani vows to privatize Iran’s car industry

Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.

Iran Inks 3 MoUs with Foreign Carmakers

Iran signed three memorandums of understanding (MoUs) with three automakers from Sweden, Turkey and India for cooperation and as parts of efforts to boost the country's car-manufacturing industry.

Iran says no place for China carmakers if local content not raised

Iran on Sunday raised the possibility to force the Chinese car manufacturers out of its auto market in the next Iranian calendar year (to begin 21 March 2016).

Iran Launches New Car Production Line in Iraq

Leading Iranian car manufacturer Iran Khodro Company (IKCO) established a new line for manufacturing its Arisun pick-up in the Iraqi city of Alexandria, south of the capital Baghdad.

Germany, Japan Propose Investment in Iranian Petrochemical Projects

Germany's Linde Group and Japan's Mitsui have said that they are planning to jointly invest $4bn in a number of petrochemical projects in Iran, an official said.

Franco-Japanese auto giant keen on Iran expansion

The head of Renault-Nissan alliance has expressed the major car manufacturer’s readiness to expand its market in Iran upon the removal of sanctions against the country.

US automakers can invest in Iran: Deputy industry minister

The deputy trade minister has said that the US import ban only applies to consumer products and should not be generalized to other areas.

Peugeot says ready to transfer modern technology to Iran

Peugeot says it is willing to cooperate with post-sanctions Iran and help its automotive industry to manufacture better vehicles.

Iran can use the knowledge of foreign managers to get into global markets

Industry Minister Mohammad Reza Nematzadeh has said that Iran has set a target of $190b in exports for 2025.

Iran welcomes German investment in industry sector

Industry Minister Nematzadeh has said that Iran, Afghanistan and Germany can make profitable investment in different mining and industrial sectors.

Japan, Germany seek long-term economic, industrial cooperation with Iran

The Japanese and German economic teams in Tehran have said that they can help Iran revamp its automotive industry and develop its agriculture and food industries.

Fuel cell electric vehicle unveiled at university in Tehran (PHOTOS)

The main advantage of the car is that it emits water rather than fumes and thus helps ease air pollution.

Iranian researchers crafting driverless cars ‘gradually morphing into robots’

An automated car will temporarily take over from a distracted driver, and pull over and park or head home if someone is unfit to drive, the researcher working on the project predicted.

Iran’s food industries waiting for investment to enter international markets

Since the Iranian food industry is operating at 40 percent of its full capacity, plans to boost food exports seem to be necessary.

Windmill: Original Iranian Experience of Industrial Structure

The widespread availability of wind has made it possible for Iranians in desert areas to use the windmills.

Italy to broaden cooperation on auto industry with Iran

Italy was Iran's traditional trade partner, but today we seek to play an extensive active role in various fields, the Italian minister said.

Volkswagen on course to replace Peugeot in Iranian market

Iran Khodro has reached the conclusion that in the current conditions, Volkswagen is a better choice for partner and can better help promote the Iranian automotive industry.

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