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Iran's Textile Industry Registers 17.1% Growth in 2022

Iran Textile Industry Registers 17.1% Growth in 2022

Iran Textile Industry Growth: TEHRAN (Tasnim) – Iran Textile Industry Registers 17.1% Growth in 2022 compared to a year earlier, the director general of the Ministry of Industry, Mine and Trade for Clothing and Textile Affairs said.

Speaking to reporters on Sunday on the occasion of organizing the first edition of the Specialized International Exhibition of Fabrics and Related Industries, Mohsen Gorji emphasized that this industry is a pioneering industry.

Iran Textile Industry Registers 17.1% Growth in 2022

He put the number of existing industrial and production units involved in producing machine-made carpets in the country at 1,000.

Carpet is a competitive product, he said, adding that the value of the country’s export of machine-made carpets stands at $280 million.

Iran enjoys high capability and capacity in producing high-quality handwoven and machine-made carpets, Gorji emphasized.

The first Specialized International Exhibition of Fabrics and Related Industries will be held at Shahr-e-Aftab International Exhibitions Center in Tehran on September 9-12 with the participation of more than 90 producers and suppliers of fabrics.

Industry of Iran:

According to a report by The Economist, Iran has been ranked 39th for producing $23 billion of industrial products in 2008. From 2008 to 2009 Iran has leaped to 28th place from 69th place in annual industrial production growth rate.

The government of Iran has plans for the establishment of 50–60 industrial parks by the end of the fifth Five-Year Socioeconomic Development Plan by 2015. Iranian contractors have been awarded several foreign tender contracts in different fields of construction of dams, bridges, roads, buildings, railroads, power generation, and gas, oil and petrochemical industries. As of 2011, some 66 Iranian industrial companies are carrying out projects in 27 countries. Iran has exported over $20 billion worth of technical and engineering services over 2001–2011. The availability of local raw materials, rich mineral reserves, experienced manpower have all collectively played crucial role in winning the international bids.

~ Source: tasnimnews.com/en/news/

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