High-tech Electronics Manufacturing
Technology has changed major sectors over the past 20 years including healthcare, telecommunication, energy and so much more. And knowledge-based products in particular have increased safety, speed, and efficiency in manufacturing sectors.
In many ways, technology has the power to do many things, and changing the world is one of them. The government is relying on the know-how of knowledge-based companies to further develop major industries across Iran.
Indigenizing productions have also saved the country millions of dollars in costly imports while contributing to industrial expansion particularly helping the oil and gas industry thrive.
Technologies such as UPS systems, have greatly helped all sorts of businesses including refineries in the oil and gas sector.
These devices are vital for regulating, protecting, and storing power during blackouts, or major fluctuations.
Power cuts can be extremely costly to a refinery. It can damage machines and equipment, not to mention that a shutdown also means less daily production and slashing profits.
Previously this technology was imported but now it's domestically manufactured. But this is just one example of technology that has been indigenized to further develop the gas and oil sectors.
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