
INDE manufactures motor tricycles with 60% local component
Shadi Rashad, INDE business development manager, said that three years ago, the company started manufacturing motorised tricycles. It started producing 1,000 units per month. The vehicle is composed of 48% local components from eight suppliers. Currently, the company has increased the local component to 60%. During the fourth annual Egypt Automotive summit, Rashad said that …