local content
noun[U]
PRODUCTIONukus(alsodomestic content)thematerials,workers, etc. used to make aproductthat are from theareawhere theproductis maderatherthan beingimported:
All threecarmanufacturersclaimthat they use 60-80%localcontent.
local content rules/requirementsThelocalcontentrulesstatethat whereimportedpartsaccountfor more than 60% of thevalueof afinalvehicle, thosepartsaretaxed.