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Almost 5 M electro-motors produced in Iran over 8 months

Business Materials 5 January 2015 13:56 (UTC +04:00)

Baku, Azerbaijan, Jan. 5

By Fatih Karimov - Trend: More than 4.98 million electro-motors were produced in Iran in the first 8 months of the current Iranian fiscal year (March 21-November 21, 2014).

During the same period of time, 128,900 LCD and LED TVs and monitors have also been produced, Iran's IRIB news agency reported Jan. 5.

Moreover, 872,900 refrigerators, 576,100 washing machines, and 543,900 coolers were manufactured.

Iran's total home appliances output increased 8 percent in the first eight months of the current Iranian calendar.

The Head of Iran's Home Appliances Industries Organization Habibollah Ansari said in Dec. 2014 that the country's home appliances market is currently worth around $8 billion.

"Domestic manufacturers provided some 75 percent of the country's needs," he said.

"Iran's refrigerators, washing machine, and television production increased by 30, 28, and 22 percent, respectively, in the first eight months of current year," the official added.

"Iran annually exports over $250 million worth of home appliances," Ansari noted.

Edited by CN

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