Meaning of local-content

lo•cal-con•tent

Pronunciation: (lō'kul-kon'tent), [key]
— adj.
  1. of or pertaining to the number or percentage of the components of a product, as an automobile, that are manufactured in a specific country: Local-content laws say 90 percent of the components of the car must be made in the U.S. or import restrictions will apply.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.