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29-03-20
Iranian ministry of industry, mining, trade to strengthen domestic production
(MENAFN) According to Iranian deputy industry, mining, and trade minister for planning, domestic production of industrial and mining products will save Iran more than USD3 billion in the recent Iranian calendar year.
The ministry will perform its plan of boosting domestic production more seriously in the recent year, which is the year of "Surge in Production", as said by Saeed Zarandi.
The ministry aims to reduce Iran's imports by USD10 billion by the Iranian calendar year 1400, Industry, Mining and Trade Minister Reza Rahmani declared.
Of the mentioned total USD10 billion reduction in imports, USD1.2 billion will be in the textile and garment industry, USD500 million in cellulose products, USD2.7 billion in petrochemicals, USD2.4 billion in mining, USD600 million in steel industry, USD650 million in home appliances, USD650 million in machinery, USD1.4 billion in the automotive industry, and USD250 million in electrical and electronic appliances, as the minister said.
MENAFN2903202000450000ID1099930840
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