TEHRAN, Iran, Oct.16
Trend:
Iran's domestic production of home appliances has increased in recent months while statistics show the import of basic material has reduced as the industry is improving, the secretary of Iran Home appliances Association, Abbas Hashemi said, Trend reports citing IRNA.
"Iran's home appliances industry has produced more than $220 million worth of products in the last Iranian year (started March 21, 2019) that is growing fast and is expected to increase by $50 million in current Iranian year (started March 20, 2020)," he noted.
According to the statistics of Iran Home appliances Association indicated that production of the refrigerator has increased 15 percent in the first four months of the current Iranian year compared to the same time in last year reaching 464,000 refrigerators.
"Production washing machine increased by 70 percent reaching 289,000 devices while production of TV sets have increased by 61 percent in the first four months of the current year compared to last year reaching to 464,000 devices," Hashemi added.
The import of basic material needed for the production of washing machines has reduced 54 percent making up $12.6 million while the import of television has not changed significantly and import was $5.3 million.
The statistics issued by the Ministry of Industry, Mine, and Trade have indicated that the production of television, refrigerator, and washing machines has increased during the first five months of the current year compared to the same period of the last year.
During this period television production had a 78.8 percent increase and 481,000 sets produced while production of refrigerator increased 18.8 percent to 673,800 and washing machine increased 58 percent compared to the same time in the last year.