...

Iranian private sector runs 90 per cent of country’s textile manufacturing units

Business Materials 8 September 2013 08:39 (UTC +04:00)
More than 90 per cent of the textile manufacturing units are being run by the private sector, ISNA quoted Iran's industry ministry official Ne'matollah Mardani as saying.
Iranian private sector runs 90 per cent of country’s textile manufacturing units

Azerbaijan, Baku, Sep.6/ Trend F.Karimov/

More than 90 per cent of the textile manufacturing units are being run by the private sector, ISNA quoted Iran's industry ministry official Ne'matollah Mardani as saying.

Some of the state-run textile manufacturing units have been closed down after the privatisation process, he added.

Over one million tons of raw materials are being used in the national textile industry, he said.

In June, ISNA quoted Mehdi Mahmoudi, an official at the association of Iranian textile producers as saying legal and illegal imports hold a 40 per cent share in Iran's textile market.

The figure was 50-60 per cent last year, he said, adding that fluctuations in the dollar exchange rate have made importers reluctant towards importation.

In October, 2012, Iranian industry ministry official Mehdi Eslampanah said that regional countries as well as South America are the main targets for Iranian textile products.

More than 9770 industrial units are working in different fields in this regard including textile, clothing, leather and shoes, according to reports.

Carpet, shoes and materials of leather are among the textile products' exported to other countries.

Tags:
Latest

Latest