Iran’s apparel industry hit by excessive imports – Official
Tehran, Iran, May 27
By Kamyar Eghbalnejad - Trend:
Excessive imports have hit Iran’s apparel industry as more than 70 percent of the country’s manufacturing units are no longer active and productive, the head of Tehran's Union of Garment Manufacturers and Sellers said.
Our main problem in Iran’s clothing market is excessive imports of garments, Abolqasem Shirazi said, Tasnim News Agency reported.
“More than 70 percent of our manufacturing units are not operating now,” he said.
He added that there are more than 50,000 apparel manufacturing units and their downstream businesses in Iran, and that they can address the domestic market’s needs if obstacles removed.
Shirazi said imports of apparel should be stopped immediately.
Plans are underway to establish a new apparel industrial town in Fashafouyeh, located in Tehran Province’s Rey County, with the aim of limiting imports, boosting domestic production and making the price of Iranian clothing more competitive.
The Ministry of Industries, Mining and Trade has mandated foreign representatives, branches and distributors of apparel in Iran who seek business licenses to produce goods worth 20% of their import value (in rial terms) inside Iran and to export at least 50% of this domestic production.
The initiative, the ministry says, is aimed at increasing domestic production, creating jobs and reviving Iran’s aging apparel industry.